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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Jul- 2022 -18 July
Deliveroo lowers FY22 guidance amid consumer headwinds
Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious” economic outlook and increased consumer headwinds. Meanwhile, the company continues to expect FY22 adjusted EBITDA margin to be in the range of -1.5 to -1.8%, an improvement against -2% in…
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15 July
Foodservice inflation hits double digits for fourth month in a row
Inflation in the foodservice sector topped 10% for the fourth successive month in May, according to the new edition of the CGA by NielsenIQ and Prestige Foodservice Price Index. All 10 of the index’s food and drink categories recorded both year-on-year and quarter-on-quarter inflation in the month. The Oils and…
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15 July
Krispy Kreme appoints president and managing director for UK and Ireland
Krispy Kreme has announced that it has appointed Jamie Dunning as its new president and managing director for the UK and Ireland. A former managing director and president at Mars Retail Group and sales director at Cadbury Schweppes, Dunning will take over from Richard Cheshire, who recently took the decision…
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15 July
Turquaz set to open on Jewry Street in Winchester
Authentic Turkish restaurant chain, Turquoise Group, is set to open its 15th Turquaz restaurant on 18 Jewry Street in Winchester. The opening date is currently set for early September 2022. It is reported that a new 15-year lease has been agreed on the Grade II-listed city centre property, which comprises…
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14 July
Crerar Hotels dishes up four new head chefs
Crerar Hotels Group has welcomed four new senior members to its growing culinary team, with the ambition to “drive the food and beverage offering and ‘field to fork’ positioning within its portfolio of properties”. It has appointed new head chefs to Thainstone House, Balmoral Arms, Isle of Mull Hotel and…
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14 July
Levy UK+I extends contract with The O2 arena
Levy UK and Ireland (UK+I), the sports and hospitality division of Compass Group UK and Ireland, has announced a five-year extension to its current contract with The O2 arena. The contract will continue to see Levy UK+I continue to serve food and drink experiences at The O2. Core to the…
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14 July
Compass launches strategy aimed at addressing industry inequalities
Compass Group UK and Ireland has announced The Mission to a Million commitment, a new strategy aimed at “addressing the inequalities that create barriers to progress” in the hospitality sector. It will see Compass provide support to one million people, from both within and outside the organisation, by 2030 to…
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14 July
SSP Group Q3 revenue hits 87% of pre-pandemic levels
SSP Group plc has seen its revenue continue to strengthen in Q3, with revenue at 89% of 2019 levels in the seven weeks since the group’s interim results on 24 May, and at 87% of 2019 levels in Q3 overall. According to the company’s recent performance and the current strength…
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14 July
Chopstix launches Canary Wharf flagship with ‘outstanding’ sales
Chopstix Noodle Bar has opened its new flagship in Canary Wharf which has seen an “outstanding” opening week of trading, having already established itself as one of the top five performing stores in the Chopstix estate. The Chopstix Canary Wharf opening represents a “significant statement of intent” from the QSR…
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13 July
Loungers targets 30 new sites amid ‘record’ year
Restaurant and Bar group Loungers has revealed it is targeting 30 new sites this year after experiencing a “record” period of trading. For the 52-week period ended 17 April 2022, Loungers reported revenues of £237.2m, up from £78.3m the previous year. The group also revealed Adjusted EBITDA of £53.6m, up…
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