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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Jun- 2023 -19 June
Carters Restaurant to move to Westlands for summer
Owners of Carters Restaurant, Brad and Holly Carter, have announced that the venue will be moving to Westlands Evesham, a specialty grower of produce, close to Stratford-upon-Avon and the Cotswolds for the summer from 19 July until September 2023. The restaurant will move the entire team into one of Westlands’…
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16 June
The Steel Keg Association launches new keg champion awards
The Steel Keg Association (SKA) is honouring the inaugural 2023 Keg Champions for UK today, World Refill Day, in celebration of pubs, bars, breweries and restaurants embracing the remarkable benefits REUSABLE steel kegs and casks deliver; sustainability, efficiency and a fresh experience most consumers can’t get at home. The 2023…
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16 June
F1 Arcade announces expansion plans following £30m funding
F1 Arcade, the pioneering social hospitality concept and the first official Formula 1 simulator racing experience, has announced a successful £30m investment to fuel the next phase of international growth. Following the “resounding success” of its flagship site in St. Pauls, London, which continues to surpass revenue expectations, F1 Arcade…
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16 June
Yo! Sushi owner sold to Japanese investor group for £485m
The Snowfox Group, owner of Yo! Sushi, has agreed a deal to be acquired by Japanese investor group Zensho Holdings for $621m (£485m). As a result of the agreement Mayfair Equity Partners will fully exit Snowfox after first investing in Yo! in 2015. The terms of transaction are to be…
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16 June
Richard Corrigan to open The Portrait Restaurant
Irish chef and restaurateur Richard Corrigan is set to open The Portrait Restaurant at the National Portrait Gallery on 5 July in partnership with hospitality group Searcys. Situated on the corner of Trafalgar Square, The Portrait will serve dishes inspired by Corringan’s culinary career, while welcoming new classics to his…
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16 June
Amber Taverns opens The Leopard in Chester
Amber Taverns has announced the official opening of its latest addition, The Leopard, In Chester yesterday (15 June). Located in the centre of Chester, the group says that the pub offers a “unique” experience with its blend of style, atmosphere and exceptional service. The Leopard features a roof terrace that…
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15 June
Fullers sees 33% rise in revenues to £336.6m
Pub and hotel chain Fuller, Smith and Turner has reported a 33% rise in revenues to £336.6m in FY2023 compared with £253.8m in FY2022, according to its latest figures for the 53 weeks ended 1 April 2023. According to Fuller’s, who continues to recover from the pandemic, revenues increased despite…
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15 June
Foodservice price inflation goes back above 20% in April
Foodservice price inflation has unexpectedly risen back above 20% to 21.4% in April, according to data from CGA. Price increases had begun to slow in Q1 this year, and inflation dipped below 20% in March for the first time since mid-2022. However, the rebound in April underlines the severe cost…
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15 June
Costa Coffee and Wendy’s to open at Ram Jam Services
Costa Coffee and Wendy’s have recently signed up two new leases for retail space at Godwin’s newest roadside development Ram Jam Services. Costa Coffee has taken a 1,788 sq ft unit whilst Wendy’s, via its franchisee Blank Table Ltd, has signed up to 3,305 sq ft. These deals follow Godwin’s…
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15 June
Vaulkhard Group acquires two pubs amid £4.5m funding package
Newcastle-based leisure operators, Vaulkhard Group, has acquired two pubs after it secured a funding package of £4.5m from HSBC UK. The group, which owns a number of bars and pubs in the city, including Barluga, Redhouse and The Beehive, has acquired the Town Wall and Bridge Taverns in central Newcastle. …
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