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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Dec- 2022 -7 December
Sarap to relocate to Kingly Court Soho
Filipino restaurant Sarap has announced a crowdfunding campaign, in partnership with Seedrs, to move from its current residency at 10 Heddon Street to Kingly Court in Soho. People will be able to invest in the campaign from 12 December 2022. The new restaurant, located just off London’s Carnaby Street, will…
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7 December
Gail’s to expand into North West
Gail’s is set to expand into the North West for the first time next year, opening its first neighbourhood bakery in Wilmslow in early 2023, with further locations set to be announced. The new bakeries will serve artisan sourdough breads, pastries, sandwiches, and cakes alongside its specialty House Blend coffee.…
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7 December
BBPA appoints new director of communications external affairs
The British Beer and Pub Association has appointed Shraddha Kaul as its new director of communications and external affairs. Kaul joins the organisation, which represents UK pubs and brewers, from the British Poultry Council where she achieved a landmark policy win from the Government in the form of a new…
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7 December
M&B profits hit £240m in FY22
The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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6 December
Bao Fitzrovia to close after seven years of trading
Taiwanese restaurant brand Bao is closing its Fitzrovia restaurant after nearly seven years of trading. The brand stated that Fitzrovia had become a “particularly challenging” area and this is the main reason for the decision. It was the second site opened by the brand, a year after its Soho restaurant.…
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6 December
Marston’s returns to profit in FY22
Marston’s has returned to profit in the year ended 1 October 2022, with pre-tax profits hitting £163.4m, up from a loss of £171.1m the prior year, as the group welcomed a return to normalised trading. It comes as like-for-like sales reached 99% of 2019 levels despite a disrupted Christmas trading…
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6 December
Stack & Still opens first London branch with Leicester Square flagship
Stack and Still has announced the opening of its first branch outside of Scotland with a new flagship on Irving Street off Leicester Square. Set to open on Wednesday 7 December, the 225-seater restaurant will be serving its all-day menu of pancake dishes over its three floors, including an outdoor…
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6 December
SSP profits hit £91.5m in FY22
The operator of food and beverage outlets in travel locations, SSP Group, has reported operating profits of £91.5m for the year ended 30 September after suffering a loss of £209m in 2021. The group has attributed its return to profitability to the rapid recovery in passenger demand through the year,…
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5 December
Tortilla, Pasta Evangelists and Chicken Shop join Just Eat for Business
Just Eat for Business has announced the launch of three new vendors on its platform, with the addition of Tortilla, Pasta Evangelists and Chicken Shop. Businesses can now access Tortilla, Pasta Evangelists and Chicken Shop amongst over 600 other lunchtime options across the platform. New options for employees will include…
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5 December
Energy costs ‘biggest threat’ to pubs’ viability, report finds
Energy bills returning to their regular rate post-March would put pubs and brewers at a loss of 20% on average, according to a new report by Frontier Economics, produced for the British Beer and Pub Association (BBPA). The report found that energy costs were currently the biggest threat to their…
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