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- 2025 -16 April
Today’s news in brief – 16/04/25
Big Mamma Holdings has seen its turnover rise 10% to £44m in 2024. According to the group’s filings at Companies House, last year was the first where all six restaurants – Gloria, Circolo Popolare, Ave Mario, Jacuzzi and Carlotta in London, and La Bellezza in Birmingham – were operating. Out…
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16 April
Rising demand for revenue-based finance in hospitality
Hospitality businesses are one of the most frequent applicants for revenue-based finance according to SME funder 365 Finance. According to the company, the UK hospitality sector accounted for £43.7m of funding in 2024, representing a 16.9% increase compared to 2023. Alongside this, the number of advances 365 Finance approved for…
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16 April
Shepherd Neame managing director to step down
Shepherd Neame has announced that Jonathon Swaine, managing director, Pubs, will step down from his role as a director of the company on 17 April 2025. Swaine leaves the business after nearly three years in the role. Before joining Shepherd Neame, Swaine held senior positions at Fuller Smith and Turner,…
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16 April
Big Mamma Holdings FY profits rise 10% to £44m
Big Mamma Holdings, a subsidiary of France-based Italian restaurants operated by Big Mamma Group, has reported that company turnover saw a 10% uplift, from £40m to £44m, in the year ended 31 December. According to the group’s filings at Companies House, 2024 was the first year where all six restaurants…
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16 April
Spring Street Pizza to open in London at the end of April
New restaurant Spring Street Pizza by Michelin-star chef Tom Kemble is set to open in London’s Borough on 29 April. Located under the arches just off Southwark Bridge Road, next to Omeara and Four Quarters, Spring Street Pizza will serve 18-inch pizzas by the quarter, half or whole to dine…
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15 April
Today’s news in brief – 15/04/25
The Non-Domestic Rating Act has become law. This new legislation aims to provide a permanently lower level of business rates for the hospitality sector. Following the news, UKH has asked for the maximum discount to be applied to hospitality properties with a rateable value of less than £500k. For those…
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15 April
Stonegate launches ‘The People’s Pub’ portfolio
Stonegate Group has brought 220 pubs together under one umbrella, known as ‘The People’s Pub’, as the operator continues to evolve its brands and formats. Starting from today (15 April), The People’s Pub is being rolled out with a new food and drink menu. Every pub in this portfolio will…
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15 April
UKH calls for maximum discount as business rates reform bill becomes law
The Government’s commitment to reform the business rates system has become law as the Non-Domestic Rating (Multipliers and Private Schools) Act received Royal Assent. The new legislation aims to provide a permanently lower level of business rates for the hospitality sector. UKHospitality is asking for the maximum discount to be…
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15 April
Drinks sales jump 5% thanks to good weather in April
Average drinks sales in managed venues in the week to 5 April were up by 5% from the same period in April thanks to bright weather. The CGA by NIQ’s Daily Drinks Tracker revealed that the April increase raises hopes for some sustained real-terms growth for the On Premise after…
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15 April
Thwaites completes £600k The Bull’s Head refurb
The Bull’s Head pub in Earlswood, Solihull, has re-opened with a new look after completing a £600,000 refurbishment. Owned by hospitality business Thwaites, the pub has enhanced its al fresco offering with a new outdoor space – named The Barn at The Bulls Head – which features an outside bar,…
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