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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Sep- 2023 -27 September
Hydes posts ‘record’ £34.1m turnover in FY23
Salford-based brewer and pub operator, Hydes, has announced a record turnover of £34.1m for the year ending 2 April, an increase of £5.8m on last year’s total of £28.3m. The company has partially attributed its performance to decisions made in previous years to fix energy costs until 2024, having entered…
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27 September
Par 59 opens new bar and games room
St Mary Street mini-golf bar and restaurant Par 59, backed by former Welsh footballer Gareth Bale, is set to double its capacity with the opening of an upstairs bar and games room, named Shuffles. Shuffles will open on 10 November 2023 and will feature three brand-new interactive shuffleboards and five…
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26 September
Today’s news in brief – 26/09/23
Brighton Pier Group reported a decrease in total revenues, falling from £17.3m to £16.2m in H1, primarily due to declining sales in its bar division. Ongoing inflationary pressures impacted operating margins, resulting in lower earnings compared to the previous year. EBITDA dropped from £3m to £1.4m, with a loss before…
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26 September
Pasture Restaurants to open Birmingham site in 2024
Pasture Restaurant Group has announced the launch of its Birmingham site in early Spring 2024. Pasture is known for its fire-based cooking and local ingredients; in-house butchers handpick and prepare meat from selected farms raising grass fed cattle. Pasture Birmingham will occupy 6,500 sq ft across one floor of a…
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26 September
Festive season hiring set to surge this year, says Axonify
Over half (53%) of retail hospitality and food service managers are hiring more new workers for the festive seasons this year due to the need for additional support. According to data from Axonify, some 29% of hospitality businesses and 30% of food service businesses will be hiring more seasonal staff.…
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26 September
Brighton Pier revenues fall in H1 amid declining bar sales
The Brighton Pier Group has revealed that total revenues were down from £17.3m to £16.2m in H1, following a decline in sales from the group’s bar division. Following “exceptionally” strong trading from a post-pandemic surge in demand in the first half of 2022, ongoing inflationary pressures – in particular to…
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26 September
The RSC appoints new head chef for its Rooftop Restaurant
The Royal Shakespeare Company has appointed new head chef Iain Miller at the RSC’s Rooftop Restaurant, situated on the third floor of the Stratford-upon-Avon theatre. Miller is already working on a brand-new pre theatre menu which launched yesterday (25 September), with further details to be announced. With over 30 years…
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25 September
Today’s news in brief – 25/09/23
The City Pub Group reported a 14% increase in like-for-like sales to £31.7m in the first half of 2023, up from £26.1m in the same period in 2022. Despite inflationary pressures, the pub operator’s adjusted EBITDA remained steady at £3.3m, slightly below the £3.4m reported in H1 2022. The company…
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25 September
Night time economy loses £3.5bn to strikes
The night time economy has lost out on £3.5bn as a result of strikes by members of the RMT and ASLEF according to the Night Time Industries Association (NTIA). Alongside this, the NTIA believes that these losses could double if the industrial action continues into the festive season. The news…
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25 September
Franco Manca and The Real Greek partners with Just Eat
Just Eat has announced a new delivery partnership with Franco Manca and The Real Greek, offering nationwide delivery across the UK. Following a rapid rollout, all 94 Franco Manca and The Real Greek restaurants now offer delivery through Just Eat. According to Just Eat, a wide selection of the restaurants’…
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