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 -6 June
10,000 hospitality businesses face closure, UKH CEO warns
The CEO of UKHospitality has warned that 10,000 pubs and restaurants could face closure in light of rising inflation, energy costs and rents across the industry. Kate Nicholls told the Mail on Sunday that the hospitality sector was now facing “as big a crisis, if not bigger”, since the pandemic. …
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6 June
The Burnt Chef Project unveils wellbeing app for hospitality industry
The Burnt Chef Project has partnered with mental health service provider, Thrive, to offer the hospitality industry a wellbeing app to provide “easy” mental healthcare access to individuals in the hospitality sector. The Thrive: Mental Wellbeing app has been approved by the NHS, and it is available to businesses on…
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1 June
RedCat Pub Company acquires 2 new hotels
RedCat, an investment vehicle founded and chaired by Rooney Anand to invest in the UK pub sector, has acquired The Pheasant Hotel and Blakeney Manor Hotel on the North Norfolk Coast. These are the ninth and tenth acquisitions by The Coaching Inn Group under RedCat ownership since August 2021 and…
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1 June
Paul Cooney announced as head chef at Oddfellows On The Park
Oddfellows Hotels has announced the appointment of Paul Cooney as its head chef at boutique hotel, Oddfellows On The Park. Cooney joins the team at the park side boutique hotel from The Townhouse in Manchester, where he held the reins for over three years. Cooney has worked and trained across…
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1 June
Fuller’s completes £200m refinancing
Fuller’s has announced that it has successfully completed the refinancing of its group debt facilities of £192m, which were due to mature in February next year. The new debt facilities consist of a £90m term loan and a £110m Revolving Credit Facility provided by a group of seven banks. The…
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1 June
Almost half of businesses hit with price increases
Approximately half (48%) of businesses currently trading have reported that the prices of materials, goods, or services bought in April 2022 had increased from March 2022, while 23% reported that prices sold had increased across the same period. According to the Office for National Statistics (ONS), 12% of businesses that…
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1 June
Brewdog losses narrow as revenues hit £286m
Brewdog has reported its revenues surged 21% year-on-year from £238m to £286m in the year ended 31 December 2021, amid growing UK sales and market share growth despite pandemic restrictions being in place for much of the year. Operating losses for the Scottish brewer and bar operator also narrowed to…
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1 June
Döner Shack launches third site in Leicester
Döner Shack, the German street-food brand, has revealed it will officially open its third restaurant in Leicester on 11 June 2022. The new 3,400 square feet flagship site is situated in Highcross Leicester and consists of a 110-seater restaurant, comprising an outside eating area, an all day dining offer, take-away,…
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1 June
Jubilee bank holiday to generate £2bn for hospitality
The hospitality industry is set to get a £2bn injection over the Jubilee bank holiday weekend, starting Thursday 2 May. A survey of four leading trade bodies revealed that the sector is looking forward to a 22% increase in trade over the coming four-day celebration. UKHospitality, the British Institute of…
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May- 2022 -31 May
Tim Hortons opens new Manchester site
Canadian restaurant brand Tim Hortons has opened its doors at The Arndale, Manchester. The restaurant, located on Market Street, will serve coffee, freshly baked donuts and hot meals from 6am until midnight and is open seven days a week. The brand celebrated the opening of its first city centre restaurant…
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