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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Sep- 2023 -21 September
Adnams operating losses widen to £2.4m in H1
Adnams has revealed that sales in the first half of 2023 were level with last year’s total of £30m, as input costs continued to climb and contributed to operating losses widening to £2.4m. The pub operator attributed its performance to Q1’s subdued sales, as inflation peaked. However, lighter evenings and…
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20 September
Today’s news in brief – 20/09/23
Food hall operator Market Halls reported a remarkable 155% revenue increase to £22m in the year ending July 2023 due to a 40% like-for-like sales growth. EBITDA before company costs reached £2.6m, as sales at their London sites exceeded pre-Covid levels. As a result, the company plans to open two…
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20 September
Arc Inspirations sales jump 7.5% amid expanded estate
Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…
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20 September
UK delivery and takeaway sales rise 6%, says CGA
Britain’s top managed restaurant groups secured a third successive month of year-on-year growth in delivery and takeaway sales in August, according to the CGA. The latest CGA by NIQ’s hospitality at home tracker shows revenue from orders was 6% higher than in August 2022. The news extends a run of…
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20 September
Sexy Fish to open new Manchester site in October
Sexy Fish has announced its new Manchester site is set to open its doors on 12 October 2023 and has opened reservations today (20 September) ahead of the launch. The new restaurant will be open daily for lunch and dinner in the former Armani building facing onto Deansgate in Manchester.…
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20 September
Market Halls revenues surge 155% to £22m in FY23
Food hall operator, Market Halls, saw revenues grow 155% from £8.6m to £22m in the year to July 2023, as like-for-like sales leaped 40% since the Covid-related “soft trading” in the previous year. The group also announced that EBITDA before company costs grew to £2.6m in the year, as it…
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19 September
Today’s news in brief
Canadian restaurant chain Tim Hortons is expanding in the UK using a franchise model to grow its portfolio of 75 restaurants. After five years of testing and learning, the brand plans to open both drive-thrus and high street locations in new towns and cities across the country. Tim Hortons entered…
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19 September
The Mitre Hampton Court appoints new executive chef
The Signet Collection has announced the appointment of Mark Jarvis as the new executive chef at The Mitre Hampton Court. He will be in charge of 1665, the riverside brasserie, and The Boathouse, the hotel’s bar. His career began under Raymond Blanc at Le Manoir aux Quat’Saisons where he trained…
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19 September
White Rabbit Projects appoints new CFO
Specialist hospitality incubator, White Rabbit Projects (WRP), has appointed Paul Deeming, formerly of André Balazs Properties, Hakkasan and Ignite Group, as its new group CFO. Joining the business following WRP’s multi-million pound investment from McWin, Deeming comes with 20 years of experience leading and growing hospitality, leisure and marketing businesses.…
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19 September
Tim Hortons to expand UK franchise estate
Canadian restaurant chain Tim Hortons has launched a new franchise model in the UK as part of its plans to significantly expand its UK estate. According to the coffeehouse, its franchise model is a “core pillar of growth”, which will help the brand increase its portfolio of 75 restaurants in…
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