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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Sep- 2022 -26 September
Brighton Pier Group hits ‘record’ revenues of £40m in FY22
The Brighton Pier Group, owners of Brighton Pier Palace and nine bars across the UK, has reported record revenues of £40.1m, compared with £13.5m in 2021, up 25% on the same pre-Covid period in 2019. In the year to 26 June, 2022, the group reported EBITDA of £10.8m for the…
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26 September
King’s House restaurant and bar to debut in Chelsea
King’s House, a new restaurant, bar and garden, is set to launch in Chelsea on 14 October, offering laid-back dining, al fresco socialising, and late-night cocktails to an expansive space on King’s Road. Leading out from the ground floor bar is the King’s House Garden, a 96-cover outdoor space. Collected…
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26 September
Scratch Consultancy expands lease with Star Pubs and Bars
Business consultancy company, Scratch Consultancy, has taken the lease on its second site with Star Pub and Bars, The Compasses in Chelmsford, with aspirations to build an estate of five pubs across Essex and North Kent with the pub and bar operator. The two companies will undertake a joint £250k…
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23 September
Petrossian to open first London restaurant in November
Parisian caviar specialists Petrossian is set to open its first London boutique, deli and restaurant this November, in time for the run up to the festive season. This will be the first permanent UK location of the Parisian institution, and will occupy the street-level space at 6 Fulham Road in…
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23 September
Heavenly Desserts to open new Marylebone site
Heavenly Desserts has announced it is set to open its new restaurant in Baker Street, Marylebone, on 1 October. The new site is set in a two-storey restaurant and will feature its new tapas-style menu, comprised of multiple signature dishes. The menu has been inspired by Asia, including its Mochi…
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23 September
Bennett Hay appoints new culinary director
Bespoke catering services company, Bennett Hay, has announced the appointment of Candice Webber as the group’s new culinary director, a senior role in the operator’s leadership team. In her new role, Webber will focus on food and drink, and head its culinary department. She will also be responsible for developing…
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23 September
Creams launches emergency support package for franchisees
Creams has announced it has launched an emergency franchise partner support package to help and guide its partners through inflationary pressures, the cost-of-living crisis and other ongoing economic and societal challenges. The full support package includes financial incentives such as a reduction on royalty fees from October 2022 until February…
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23 September
Chancellor announces sweeping tax cuts in first mini-budget
Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as part of the new government’s first mini-budget. Setting out his aims for economic growth, Kwarteng said that he wants the economy to increase by 2.5% annually in the medium-term, through…
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22 September
BoE raises interest rates to 2.25%
The Bank of England has today (22 September) announced that interest rates will be raised by 0.5%, with rates rising from 1.75% to 2.25%. The latest announcement from the Monetary Policy Committee (MPC) comes as inflation remains at record highs for the UK, and marks the seventh consecutive rise in…
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22 September
Las Iguanas to open Canterbury site
Las Iguanas has announced the opening of its new Canterbury location, taking up residence on the corner of High Street and Longmarket from 26 September, its first Kent location. The new 200-cover restaurant and cocktail bar will feature Las Iguanas’ signature tropical green plant walls, flashes of neon, lustrous Mexican…
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