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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Apr- 2023 -5 April
Stonegate losses narrow to £130m post-pandemic
Stonegate pub company has seen its pre-tax losses narrow to £130m for the year ended 25 September 2022, compared with a loss of £233m in 2021. The business, which owns Be At One and Slug & Lettuce brands, also posted revenues of £1.61bn, compared with £707m in 2021. Furthermore it…
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5 April
The Crown at Chislehurst reopens after £1.4m refurb
The Crown at Chislehurst has reopened its doors following a £1.4m transformation by independent family brewer and pub company Shepherd Neame. Set in the London Borough of Bromley, the pub, which dates back to 1874, has undergone a major 12-week renovation to retain its “unique character while introducing a contemporary…
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5 April
Prezzo returns to profit in FY results
Nationwide Italian restaurant group Prezzo saw a return to profitability following the removal of all covid restrictions, according to the group’s FY report for the period from 21 January 2021 to 2 January 2022. Through the first half of 2021, Prezzo, along with the whole of the hospitality sector, traded…
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5 April
Fulham Shore posts record revenues of £100m in FY23
Fulham Shore, operator of Franco Manca and The Real Greek, has revealed that revenues increased to around £100m for the year ended 26 March 2023, which represents a new record high for the group. The news comes despite two restaurant closures during the period, as well as the impact of…
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4 April
Burger & Sauce to open new sites in the Midlands, Liverpool and Sheffield
Restaurant chain Burger and Sauce has recently signed five new franchisees to open restaurants in the Midlands, Liverpool and Sheffield before the end of the year. Originally set up during the pandemic, the chain quickly became popular with its first restaurant turning over £1.5m in the first year. The brand…
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4 April
46% of people in Britain visit a pub every three months, says CGA
New data from CGA strategy’s On Premise User Survey has revealed that 46% of consumers in Britain will visit a pub at least once every three months. Furthermore, the data found that 38% of consumers were likely to try a new drink in a pub compared with other venues and…
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4 April
The Rosarium to open this May in Waterloo
The Rosarium has revealed it will be opening in Waterloo this May, following the opening of the launchpad permanent venue, Labyrinth. Executive chef Harvey Ayliffe will be overseeing the restaurant’s offering, which will be “elevated British dishes with an added Wonderland twist”. The venue, which has 96 covers, will have…
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4 April
Sidemen to launch third Sides site in new Market Place Harrow
Market Place London has revealed the final vendor at its new Harrow indoor street food market as Sides, the chicken brand created by viral YouTube collective, The Sidemen. Sides was formed in 2021 as a virtual brand by star content creators KSI, Miniminter, Zerkaa, TBJZL, Behzinga, Vikkstar123, and W2S (Wroetoshaw).…
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3 April
UKH urges hospitality to sign new wellbeing and development promise
UKHospitality has urged hospitality firms to sign up to a new wellbeing and development promise. The new Hospitality Wellbeing and Development Promise, set up by the sector, spearheaded by the Hospitality and Tourism Skills Board and supported by Government, is designed to ensure all team-members are given the “opportunity to…
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3 April
Creams to open two new locations under new partnership
One of UK’s leading dessert destinations, Creams Cafe, is set to further extend its reach with two openings agreed under a new partnership with Park Garage Group. The sites will open in Wigan and Blackburn in April and come in response to seeing a rapidly increasing demand for the brand…
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