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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Jun- 2022 -24 June
Canteen Collective launches £400,000 investment round to aid expansion
Canteen Collective, a hospitality group with a focus on sustainability, has launched a £400,000 investment round to “help drive forward its ambitious growth plans”. The London-headquartered business, which is on target to turnover £2.5m this year, has said it is set to more than double its revenues by 2025 as…
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24 June
Pret sales rise as offices fill up
Pret A Manger’s sales of coffee and sandwiches were 88% of pre-Covid-19 levels through last Thursday (16 June) in London City and Canary Wharf, according to the latest figures tracked by Bloomberg’s Pret Index. Bloomberg said this a sign that the lunch hour is almost completely back to normal in…
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24 June
Jamie Oliver Group appoints new chief executive
The Jamie Oliver Group has appointed Kevin Styles as its new chief executive and is set to take up the role in early July. Styles has joined the business from Vue International, where he was group managing director, and has a “strong track record of driving and delivering commercial growth…
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23 June
Manga Banga to open in Marleybone in July
Manga Banga, a new Japanese concept restaurant, is set to open in early July on Lisson Grove. The 50-cover restaurant is located 150 yards from Marylebone Station. It will feature a wall covered with over 100 manga magazine covers, neon signage, and a mural coupled with interpretations of Japanese dishes.…
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23 June
Taster launches its first delivery offering in Bristol
Taster, the delivery-first restaurant group, has announced its arrival in Bristol after securing its first franchise partner in the city. Taster is the UK’s first ‘delivery-first’ restaurant group and uses a modern franchise model to partner with restaurateurs and kitchen owners. From 23 June, Bristolians will be able to order…
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23 June
Various Eateries revenues surge 439% to £17.8m
Various Eateries PLC has reported its revenues surged 439% year-on-year from £3.3m to £17.8m for the 26-week period ending 3 April 2022, driven by new site openings and reflecting fewer restricted periods of trading. Adjusted EBITDA also rose to £1.7m, compared to a £2.5m loss in H1 FY21, and loss…
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23 June
Record staff shortages costing hospitality £21bn in lost trade
The hospitality industry is reportedly losing £21bn in revenues and an estimated £5bn loss in tax for the Exchequer as a shortage of workers is “damaging” the sector’s recovery in the UK. According to a survey by UKHospitality, the British Institute of Innkeeping, and the British Beer and Pub Association,…
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23 June
Star Pubs and Bars launches energy deal to support licensees
Star Pubs and Bars has announced the successful negotiation with British Gas to supply a new energy deal for the company’s licensees amid the energy crisis. This one-year energy supply deal aims to “cushion licensees” from the anticipated price hikes this autumn. Following the collapse of several energy firms, licensees…
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22 June
The Breakfast Club announces new menu and extended opening hours
The Breakfast Club has announced the roll-out of a new breakfast, lunch and dinner menu to be implemented in three of its London sites, along with extended opening hours on Thursdays through to Saturdays for its new ‘Boozy Nights’. The menu, which is set to be rolled out across all…
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22 June
Socialite Rooftop to open second site in Canterbury
Paragon hospitality is set to open its second Socialite restaurant and bar in Canterbury. The site will open 1 July as a rooftop venue above the city’s five-storey Hampton by Hilton hotel in St Margaret’s Street. Socialite Canterbury Rooftop aims to offer a “modern and stylish all-day restaurant, situated in…
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