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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Jan- 2023 -9 January
Giggling Squid FY turnover doubles to £66m
Thai restaurant chain Giggling Squid has announced that its FY turnover doubled to £66m, up from £33.9m the previous year. For the full-year period ended April 2022, the company stated that its EBITDA was £11.1m for the period compared with £5.5m in the year to March 2021. It believed that…
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9 January
Tortilla revenues rise 20% in FY22
Tortilla has seen group revenue rocket 20% to £57.7m in FY22, up from £48.1m the prior year, as it welcomed a “highly resilient” performance despite macroeconomic challenges. UK like-for-like sales were up by 16.4% against FY19, as trading was boosted by a net increase of 18 sites in the period,…
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9 January
Bun and Barrel to open in Harborne on 20 January
A new burger restaurant, The Bun and Barrel, has announced it will be opening a site in Harborne, Birmingham, on 20 January. The venue, which is walk-ins only, will offer burgers made with the “finest” ingredients, barrel-aged drinks and a rock’n’roll soundtrack. Jamie Desogus, co-founded the burger restaurant after launching…
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6 January
Pret A Manger to launch in Israel
Pret A Manger has reached an initial agreement with Fox Group and Yarzin Sella Group to expand its brand into Israel. The move is part of Pret’s plan to double the size of its business within the next five years, which includes launching into five new markets by the end…
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6 January
‘Extend Energy Relief Scheme or risk losing businesses’ BBPA tell Government
The British Beer and Pub Association has urged the Chancellor to extend the scheme Energy Relief Scheme or “risk losing business across the UK”. The scheme was brought in by the Government to help to cut energy prices for businesses, charities and public sector organisations, such as schools and hospitals.…
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6 January
D&D London to close four restaurants
D&D London has confirmed that it will cease trading at four locations as a result of the current economic climate. The four venues that will be closing are; East 59th in Leeds, Klosterhaus in Bristol and Radici and Avenue in London. The company said it intends to “look after” the…
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5 January
Six by Nico unveils expansion plans amid strong sales
Sixco Limited, the group behind the Six by Nico restaurant network, has unveiled “ambitious” expansion plans following a period of strong turnover and profits. The group, which operates from across 13 sites in the UK and Ireland, recorded a turnover of £30.8m for the year to June 2022, against the…
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5 January
Pizza Express managing director to step down
Pizza Express managing director Zoe Bowley is set to step down from her role after 12 years with the company. Bowley joined the company in 2010 from Café Rouge and started as operations director. She was appointed as managing director at Pizza Express in 2017. As managing director she helped…
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5 January
The Savoy appoints new executive pastry chef
The Savoy has announced the appointment of Nicolas Houchet as its new executive pastry chef. Houchet joined the team from the culinary institute Le Cordon Bleu, where he led the pâtisserie team as deputy head of pastry. Prior to his appointment and his time at Le Cordon Bleu, he spent…
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5 January
Greggs sales surge 23% in FY22
Greggs has announced that its FY22 sales were £1.5bn, an increase of 23.0% compared with the equivalent period in 2021 (£1.2bn). During the 52-week period, like-for-like sales in company-managed shops were 17.8% higher than sales seen in 2021, with fourth quarter like-for-like sales in company-managed shops growing by 18.2%. It…
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