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 -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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13 June
Chopstix enters franchising agreement with KK Foods SW
Chopstix, the UK’s leading Asian QSR brand, has announced a long-term franchise agreement with KK Foods SW Ltd. The multi-unit deal further accelerates Chopstix’s growth trajectory, with the franchisee looking to develop a pipeline of stores across the south-west of England. KK Foods SW Ltd, which already has significant experience…
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13 June
NQ64 opens in Shoreditch
Arcade themed bar NQ64 has announced the opening of its latest site in Shoreditch, London. The new opening is the company’s largest to date at 9,000 sq ft and the first that serves food. NQ64 has teamed up with Manchester’s Burgerism, to offer a menu of premium smashed patty and…
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13 June
The SRA launches new global certification
The Sustainable Restaurant Association has launched the Food Made Good Sustainability Standard, a new globally accessible platform to allow hospitality businesses everywhere to take 360-degree accountability for sustainability to a standard that is recognised by industry and consumers alike. According to The SRA, the new standard “will level the playing…
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13 June
Brasserie Bar Co rebrands to Heartwood Collection
Brasserie Bar Co will be rebranding to Heartwood Collection, marking its strategy and evolution into becoming a freehold pub company with a brasserie division. As a result of this move, one of the group’s brands, White Brasserie Company, will become Heartwood Inns effective from 6 July. News of the rebrand…
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12 June
Foodomarket secures £9.5m Series A funding for UK expansion
Foodomarket, a digital B2B food marketplace for the hospitality industry, has raised £9.5 million in a Series A funding round to invest in its UK expansion. The round was led by Alven Capital, a leading European venture capital firm that has supported other successful marketplace businesses including Ankorstore, Meero, and…
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12 June
Nightcap acquires Dirty Martini for £4.65m
Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in Covent Garden for £4.65m. Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
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12 June
Badiani unveils new branch opening in Balham
Ice cream chain Badiani has announced its continued expansion in the UK with a new brand opening in Balham, Hildreth Street, which is set to officially open on 6 July. The new store, which will be the brand’s 11th shop in the UK, will also be the first to sell…
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