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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Jul- 2022 -28 July
Food and drink industry administrations surge 60% in H1
The number of administrations filed for businesses in the food and drink industry surged 60% year-on-year between 1 January and 30 June 2022 (H1 FY21), according to analysis by Shakespeare Martineau. Overall, the food and drink industry accounted for 6% of administrations in the first six months of the year.…
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27 July
Two-thirds of hospitality business feel abandoned by government
Almost two-thirds of hospitality businesses feel abandoned by the government, according to new research from Peckwater Brands. The virtual brand operator surveyed 201 senior decision-makers within hospitality businesses. It found that nearly seven-in-10 (69%) of respondents are in favour of the government’s actions which protect hospitality businesses which accumulated debts…
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27 July
Bord Bia launches sustainable BBQ campaign
Irish Food Board, Bord Bia, and Irish Beef have announced a partnership with two London chefs who are said to be advocates of sustainably produced beef and cooking over live fire. The partnership is part of their annual BBQ campaign. Nick Fitzgerald of Tacos Padre, based in Borough Market, and…
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27 July
Marston’s like-for-like sales drop 2%
Marston’s plc has revealed its like-for-like sales dropped 2% for the 42 weeks to 23 July FY22, compared to the same period in FY2019, due to the reintroduction of trading restrictions in December and January, and the impact on consumer sentiment in H1. However, total retail sales in the group’s…
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26 July
The Long Lane cocktail bar opens its doors
The Long Lane, a cocktail bar and eatery, has opened its doors in Smithfield, London. The new venue will be a bar and eatery with food exclusively provided by Babel. Developed by the team behind cocktail bar The Racketeer in King’s Cross, The Long Lane is the latest opening by…
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26 July
Restaurant Associates appoints 3 regional managing directors
Restaurant Associates has announced the appointment of three new regional managing directors across its nationwide estate. Sara Senior, previously sales and retention director, moves to regional managing director with a remit to oversee Restaurant Associates’ key London clients. Ming Lai joined Compass Group Australia over a decade ago, before coming…
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26 July
Henrique Sá Pessoa to open new restaurant at BPS
Henrique Sá Pessoa is set to open Joia, an Iberian restaurant and bar at the new art’otel London Battersea Power Station later this year. The new skyline destination restaurant and bar will span over the top floors of the hotel and will also feature a rooftop bar with infinity pool…
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26 July
Compass Group raises forecast amid post-pandemic recovery
The Compass Group has increased its FY22 organic revenue growth guidance from 30% to 35%, due to a “significant acceleration” in growth and ongoing recovery of its base business. The announcement comes as the company reported that its revenues for the third quarter ended 30 June 2022 (Q3) were at…
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26 July
Agellus Hotels appoints new director
Agellus Hotels has announced the appointment of chef patron, Lee Bye, to the family-owned hospitality group’s board of directors. Bye reportedly worked his way through the Tuddenham Mill kitchen to become head chef in 2014 and has been recognised in the high achievers under the age of 30 working in…
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25 July
The Ivy Asia to open in St David’s Cardiff
The Ivy Asia is set to open a new site at St David’s shopping centre in Cardiff after agreeing a deal with Landsec. The Asian-inspired concept is a first for the brand in Wales, and will launch later this summer on The Hayes, next to its sister restaurant The Ivy,…
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