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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Oct- 2022 -11 October
Number of pubs ‘vanishing’ up by 50% in last 3 months
The number of pubs that have vanished from the communities that they once served has rocketed by 50% in the last three months, according to real estate adviser Altus Group. It warned that 50 pubs a month are now disappearing from communities across England and Wales. During the three months…
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11 October
Drink demand keeps Marston’s sales afloat in FY22
Marston’s has announced that total retail sales for the year to 1 October were up by 2% against FY19, predominantly driven by drink sales which continued to outperform food sales in the period. Like-for-like sales were down 1% against FY19 however, reflecting the impact of trading restrictions last December and…
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11 October
Greene King acquires Hickory’s
Greene King has announced its acquisition of Hickory’s, a BBQ smokehouse restaurant group, for an undisclosed sum, with plans to grow it into a national dining brand. As part of the transaction, Greene King plans to accelerate the national roll out of the Hickory’s brand beyond the North West, with…
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11 October
Itsu sees FY21 turnover hit £86.5m
Asian-inspired food brand, Itsu, revealed that its City restaurants have seen “steady” growth throughout 2022, with a reported turnover of £86.5m during FY21, which is said to be an increase of 40% on the prior year. In addition, the restaurant chain’s supermarket offerings saw an EBITDA growth of 56% and…
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10 October
Growth Kitchen teams up with Patty and Bun
Growth Kitchen, the food-tech startup operating smart satellite kitchen networks, has announced a new partnership with Patty and Bun. The partnership will see Patty and Bun first join Growth Kitchen’s Bermondsey hub along with other food brands such as Tortilla, The Athenian and Kricket. The collaboration is also expected to…
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10 October
Sodexo subsidiary Entegra acquires Beacon Purchasing
Entegra, a Sodexo subsidiary and global group procurement organisation, has revealed its acquisition of Beacon Purchasing, which is said to provide a stronger and wider offering to “support hospitality businesses looking to improve their procurement”. Established by Sodexo in 1999 to help businesses with food facilities to buy more efficiently,…
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10 October
Uber Eats launches £250k fund to support Black-owned restaurants
Uber Eats has announced a cash boost of £250k for Black-owned restaurants across the UK as the company “significantly” expands its Black Business Fund in 2022. In collaboration with Enterprise Nation and Be Inclusive Hospitality, the Uber Eats Black Business Fund will award the fund to 25 small Black-owned businesses,…
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7 October
King’s House set to open in Chelsea
The King’s House, Chelsea, a new restaurant, bar and garden is set to open on Friday 7 October, aiming to bring laid-back dining, al fresco socialising, and late-night cocktails to an expansive space on London’s King’s Road. The venue’s co-founder, Ashley Letchford, who once co-owned its previous incarnation, The Jam Tree,…
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7 October
Foodservice Price Index tops 15% for the first time
Food and drink price inflation in hospitality hit 15% for the first time in the history of the CGA Prestige Foodservice Price Index in August, according to new data. A combination of droughts, the war in Ukraine and the “spiralling” costs of commodities, energy and labour throughout the supply chain…
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7 October
JD Wetherspoon posts £30.4m loss
JD Wetherspoon has reported a pre-tax loss of £30.4m for the 53 weeks ended 31 July 2022 (FY22) amid what it called “painstakingly” slow recovery recovery post-Covid and rising cost inflation. The company also announced that it is marketing 32 pubs following its long-term strategy of opening larger pubs at…
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