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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May- 2023 -15 May
MJMK breaks through £1M crowdfunding target in hours
Restaurant group MJMK has reached its £1m crowdfunding target within the first hours post launch, with the current total close to £1.2m. The campaign is aimed at raising funds to open a new concept with celebrated chef-partner Santiago Lastra (of KOL) and accelerate the expansion of the popular Casa do…
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15 May
Gordon Ramsay Restaurants posts record FY revenues of £79m
Gordon Ramsay Restaurants has revealed record revenues of £78.9m for the year ending August 2022, an increase from £26.2m the previous year. The group attributed its performance to its post-Covid recovery as it enjoyed “12 months of uninterrupted trading” in the UK after the pandemic had brought operations to a…
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12 May
Mercato Metropolitano to offer local entrepreneurs rent-free tenure
Mercato Metropolitano (MM), part of the MMovement, has unveiled a new initiative that will offer a local entrepreneur a rent-free tenure in a bid to encourage new business. The marketplace, which runs a number of sites across London and is soon to open a new site in Ilford, is opening…
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12 May
Jesmond Dene House appoints new executive head chef
Jesmond Dene House, a restaurant with rooms in Newcastle upon Tyne, has promoted chef Eddie Saint from senior sous chef to the role of executive head chef with immediate effect. Saint will be taking over from Danny Parker and will oversee all events at the house as well as the…
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12 May
Foodservice price inflation falls below 20%
Foodservice price inflation fell to 18.9% in March, the first time it has dropped below 20% in five months, according to data from CGA’s Foodservice Price Index. The fall in March is the fourth consecutive fall in year-on-year inflation. While prices increased by 0.7% month-on-month between February and March, there…
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12 May
Badiani Gelato to open branches in Essex and Brighton
Gelato brand Badiani has announced it is expanding with new openings in Lakeside Shopping Centre, Essex this May and Duke Street, Brighton, in June. The new Essex branch will be the chain’s first location outside of London and will officially open on Friday 26 May, while the Brighton site will…
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11 May
Wendy’s global sales rise by 10% to $3.3bn in Q1
Fast food chain Wendy’s has reported a 10% increase in global systemwide sales to $3.3bn (£2.6bn) during the first quarter of 2023. International systemwide sales grew by 21% to $419m (£332m), compared to $360m (£285m) for the same period last year. Revenues for the company increased by 8.2% to $528m…
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11 May
BoE raises interest rate for 12th time to 4.5%
The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The BoE’s Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase the rate by 0.25% in a bid to meet the 2% inflation target. The committee said it…
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11 May
Sticks n Sushi to open in Shoreditch
Sticks n Sushi has announced that it will be opening its 11th restaurant in Shoreditch London. The opening in Shoreditch marks the company’s first new restaurant this year after opening its first restaurant in Wimbledon in 2012. The 200-seat restaurant is designed by Diener and Diener, who are longstanding architects…
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11 May
The Torridon Resort appoints new head chef
The Torridon has appointed Alex Henderson to role of resort head chef Born and raised in Inverness, Henderson returns to The Torridon having previously worked in the kitchen as junior sous chef. He joins from one of Newcastle’s “most celebrated” restaurants, the Michelin-starred House of Tides, where he was sous…
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