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 -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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14 June
San Carlo Group to move Cicchetti restaurant
San Carlo Group has announced that it has signed a lease to move its Cichetti restaurant to a bigger site in Piccadilly. The move from 215 Piccadilly to 172-173 Piccadilly will allow the company to double the size of the restaurant. The new 7,000 sq ft site forms part of…
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14 June
Everards turnover hits £31.4m in FY22
Leicestershire-based brewer and pub operator Everards has reported a turnover of £31.4m for the year ended September 2022. The 154 pub estate has recovered well since the end of the pandemic, with profit before tax of £2.7m and like-for-like profit growth to June 2023 of 6.3%. Everards said it continues…
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14 June
Elior UK raises £90k for Water Unite
Catering company, Elior UK, has raised £90k for Water Unite to help fund progressive initiatives in Kenya. Charlotte Wright, UK group’s director of CSR, and Andy Grant, the communications manager, both visited Kenya to see the work being done by four social enterprises benefiting from its contributions. The four social…
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14 June
Hospitality can deliver £29bn economic boost with right support, says UKH
In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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