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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May- 2022 -19 May
Tropea closes cafe amid refurb
Italian restaurant Tropea, located in Harborne, has announced that it is closing its cafe as the site is undergoing a refurbishment to allow more focus on the restaurant menu, with plans in place for a lunch offering. The changes are set to be complete by the summer, and the restaurant…
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19 May
Pubs expect to see £105m boost during Jubillee weekend
Pubs and brewers are preparing for an estimated 90 million pints expected to be sold resulting in a £105m boost for the trade during the platinum jubilee weekend, according to British Beer and Pub Association (BBPA). With opening hours extended until 1am across the Jubilee weekend and an extra day…
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19 May
Bishopstrow Hotel & Spa appoints new executive chef
Bishopstrow Hotel and Spa in rural Wiltshire has announced the appointment of Philip Lewis as executive chef. With more than 20 years of experience in the industry, Lewis began his career in Ayrshire as a commis chef and has since worked around the globe including London, Austria and Australia. The…
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19 May
Young’s swings to profit in FY22
Young and Co (Young’s) has returned to profitability as its pre-tax profits hit £42.1m in the 52 weeks ended 28 March 2022, up from a loss of £44.5m last year, despite varying levels of Covid restrictions. Operating profits were also £51.7m, growing year-on-year from a loss of £34.5m. Additionally, total…
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18 May
Dishoom to launch Canary Wharf site
Dishoom has announced it will be opening a new restaurant in Canary Wharf this winter, marking five years on from its last London opening in Kensington in 2017. The new 8,800 square feet site in Wood Wharf will seat 355 across a double-height restaurant, bar and terrace overlooking the water.…
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18 May
Marstons returns to profitability as sales hit pre-pandemic levels
Marstons has returned to profitability as its pub operating profit surged to £39.9m in the 26 weeks ending 2 April 2022 (H1 FY22), up from a loss of £57.2m in H1 FY21. Pre-tax profits are also up from a loss of £105.5m last year to £25.6m, and total revenues are…
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18 May
Gaming cafe Geek Retreat to open in Cwmbran Centre
Geek Retreat, a cafe and gaming shop with franchises around the UK, has agreed a lease to open a new branch in Cwmbran Centre in Wales. It has agreed a 10-year lease for 15 North Walk. Owner and director Nathan Dummett said as well as a food and drink offer,…
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18 May
Inflation hits 40-year high
UK inflation has hit its highest level in 40 years during the month of April, driven by the rising cost of energy bills. The figure, according to the latest figures from the Office of National Statistics (ONS), was up from 7% in March. The ONS said that around 75% of…
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17 May
Vagabond opens first airport site at Heathrow
Vagabond Bar and Kitchen has announced it will launch its first airport site this week at Heathrow’s Terminal 5, following a £1.2m investment. The new site will be composed of 4,500 square feet, with space for 170 guests, and it will create 60 new jobs. Over 100 varieties of wine…
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17 May
C&C to sell stake in Admiral Taverns for £55m
Drinks company C&C Group has announced the sale of its entire minority interest in Admiral Taverns to Proprium Capital Partners, with whom it originally invested into Admiral Taverns in September 2017, in a deal worth £55m. It also confirmed the sale of the shares will be completed and consideration will…
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