News
The latest industry news from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Jan- 2024 -26 January
CGA warns border checks threaten deceleration of foodservices inflation
Apprehensions are growing about a resurgence in inflation as a result of new border checks despite the recent general downward trend, CGA has revealed. The government is set to implement new paperwork requirements for EU businesses sending animal and plant products to the UK from the end of January, with…
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26 January
Senior team at Paddy and Scott’s complete MBO
Paddy and Scott’s Coffee CEO Jonathan Reed and operations director Zoe Hill have completed a management buy-out (MBO) of the Suffolk-based coffee wholesaler and cafe operator. The company has experienced 28% year-on-year growth and “significant” progress in delivering positive social impact in coffee-growing regions around the world. Established in 2007…
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26 January
Herringbone Goldenacre reopens following refurb
Edinburgh-based bar and restaurant Herringbone Goldenacre has reopened following a “significant refurbishment”, boasting a brand-new menu to “complement” its new décor. The site, which is operated by hospitality group Buzzworks Holdings, was closed for three-and-a-half weeks as it underwent a complete makeover. The venue, located on South Trinity Road near…
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25 January
Today’s news in brief – 25/01/24
Hospitality vendors in the North have averaged 7.2% sales growth in 2023, despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed that Newcastle (12.7%) and York (9.2%) lead the uptrend, followed by Sheffield (7.1%),…
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25 January
Northern hospitality venues welcome 7.2% sales growth in 2023
Hospitality vendors in the North have demonstrated growth and resilience over the past year, averaging 7.2% sales growth despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed all northern England cities saw a growth…
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25 January
Adriana Cavita to launch ‘El Bar de Cavita’
Mexican chef Adriana Cavita is set to open ‘El Bar de Cavita’ – a brand new bar concept in the Marylebone area on 16 February. The new addition to her restaurant Cavita will be a conversion of the previous basement area. The new space will feature a “rustic” Mexican-inspired design,…
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25 January
SushiDog secures £800k investment for London openings
Quick service restaurant chain SushiDog has secured an investment of £800k from Middleton Enterprises to fuel the opening of four new sites in London. The news marks the second funding round into SushiDog, as Middleton Enterprises invested £612k into the business in April 2023. SushiDog’s ‘grab and go’ model offers…
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25 January
Chopstix appoints new finance director
Chopstix has announced the appointment of Rob King as its new finance director, replacing Jo Barrett in the role. It said King brings a wealth of sector experience, leading teams across finance, business operations, transformation, new market entry and business growth. He previously worked in senior finance and commercial roles…
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24 January
Today’s news in brief – 24/01/24
Wetherspoons revealed that like-for-like sales rose 10.1% during H1 to 21 January compared with last year. The pub chain attributed its performance to bar sales rising by 11.8%, food by 7.9%, and slot and fruit machines by 10.4%. Hotel rooms in its pub estate also saw a rise of 3.1%…
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24 January
Restaurants’ delivery and takeaway sales rise 1% in December
Britain’s top managed restaurant groups recorded 1% year-on-year growth in delivery and takeaway sales in December 2023, according to data from CGA. However, growth has been generated by increases in menu prices rather than order volumes, which dropped year-on-year by 4% in December. It is a seventh consecutive month of…
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