News
The News section on Catering Today delivers the latest updates and developments across the UK hospitality and catering industry. Covering restaurants, pubs, quick service brands, and catering groups, it reports on company announcements, market performance, government policy, and sector-wide trends. With a focus on commercial and operational impact, Catering Today’s news coverage keeps hospitality professionals informed of the events and decisions shaping business conditions and strategic opportunities across the sector.
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Mar- 2024 -7 March
UKH Scotland urges govt to use extra £295m for sector support
UKHospitality Scotland has urged the Scottish government to allocate £295m towards supporting the hospitality industry. Calls from UKH to increase the government’s monetary support of the industry comes as Scotland will receive around £295m in additional funding through the Barnett formula. Since the start of the pandemic, Scotland has lost…
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6 March
Today’s news in brief – 06/03/24
The Gentlemen Baristas has been bought out of administration and sold for £785k. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. Darwin and Wallace reported a…
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6 March
Chancellor cuts NI by a further 2p as part of Spring Budget
Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April, as part of his Spring Budget for “long-term growth”. The reduction in National Insurance is expected to save the average worker £450 a year, or £350 for those who are…
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6 March
The Gentlemen Baristas bought out of administration
Coffee shop chain The Gentlemen Baristas has been bought out of administration and sold for £785,000. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. According to…
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6 March
Brasseria Familia exceeds crowdfunding target for third site
Brasseria Familia has exceeded its target for crowdfunding the opening of its third site, raising £1.2m in the first 48 hours. The company launched the campaign to support the opening of its third site on Brompton Road this May and received 82 investors in the first two days. After the…
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6 March
Pizza Pilgrims earns B Corp Status
Pizza Pilgrims has officially secured B Corp certification, joining over 8,000 businesses globally and more than 1,500 in the UK. Over the last two years, the whole team at Pizza Pilgrims has been working to secure B Corp accreditation across every element of the business. To achieve B Corp certification,…
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6 March
Darwin and Wallace sales rise 1.8% in ‘challenging’ year
Darwin and Wallace, the operator of eight Greater London bar-restaurants, has reported a 1.8% rise in sales to £17.8m for the year ended 28 May 2023, despite macroeconomic challenges over the period. The group has attributed the erosion of its sales conversion and profits to an “incredibly” tight labour market…
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5 March
Today’s news in brief – 05/03/24
Greggs reported pre-tax profits of £188.3m for 2023, as sales increased 19.6% to £1.8bn. The group opened a “record” 220 new shops in 2023 and 75 closures (145 net openings), growing the estate to 2,473 shops as at 30 December 2023. Looking ahead, Greggs expects no change to management’s expectations…
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5 March
Chiave cocktail bar to open on 12 March
Brand new cocktail bar Chaive has announced it is set to open on 12 March in Shoreditch, London. The concept is a cocktail bar split across two floors with the main focus on bespoke drinks. There will also be carefully selected music by renowned DJs, amplified by an “exceptional custom…
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5 March
Thirty7 restaurant to open in Covent Garden
New all-day dining concept thirty7 will open its debut location in Covent Garden, London. Conceived by Hampton Lovell and Co, the founders of seafood and oyster restaurant The Oystermen, the launch of thirty7 marks their third hospitality venue within the Covent Garden neighbourhood, further reemphasising the destination’s commitment to…
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