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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Mar- 2025 -28 March
NWTC revenues hit ‘record’ £73.5m in FY24
Bar and restaurant operator, New World Trading Company (NWTC), has reported that its revenues hit a record £73.5m in the year to 31 March 2024. The group, which operates 27 bars and restaurants across the UK, primarily under its main brand The Botanist, also delivered a 20% increase in underlying…
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27 March
Today’s news in brief – 27/03/25
Restaurants continued to struggle for growth in delivery and takeaway sales in February, according to CGA by NIQ’s Hospitality at Home Tracker, which revealed that like-for-like sales were up by only 1.7% from the same period in the year before. Weak growth has been attributed to a squeeze on many…
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27 March
Wasabi to open new Central London venue
Wasabi has announced the opening of its latest location near Monument station in Central London, its first new opening in London for some time. The King William Street location spans approximately 1,600 sq ft and will offer 37 covers. The space features updated design elements, including new banquette seating, internal…
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27 March
Lomond Leisure Group to refurb Glasgow bar with Star Pubs
The Lomond Leisure Group (LLG) is embarking on a joint £275,000 revamp of the Van Winkle bar on Sandyford Place in Glasgow with Star Pubs. The investment will transform the bar, which will close on 30 March, into Gael and Grain, a pub celebrating Scottish food, drink and music opening…
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27 March
The Revel Collective CFO to exit
The Revel Collective has announced that Danielle Davies, its chief financial officer, has tendered her resignation to take up another opportunity. Davies will be leaving the business during the summer, focusing until then on the delivery of the group’s full year results and the effective transition of her responsibilities. Prior…
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27 March
Cost of living pressures hold down takeaway sales in February
British restaurant groups continue to struggle for growth in delivery and takeaway sales in February, according to CGA by NIQ’s Hospitality at Home Tracker, which revealed that like-for-like sales were up by only 1.7% from the same period in the year before. The like-for-like sales growth, which was below the…
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26 March
Today’s news in brief – 26/03/25
Trispan has brought together Pho, Rosa’s Thai and Mowgli under a holding group called Arcturus Group to become the UK’s largest multi-site casual dining operator in the Asian restaurant segment. Each brand will continue to operate independently, with existing CEOs Sarah Hills (Rosa’s Thai), Patrick Marrinan (Pho) and Nisha Katona…
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26 March
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part of her Spring Statement today (26 March). UK businesses had been hopeful the chancellor would raise the relief rate for retail, hospitality, and leisure after cutting it to 40% in…
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26 March
Rosa’s Thai, Pho and Mowgli brought together under Arcturus Group
Investment firm Trispan has brought together Pho, Rosa’s Thai and Mowgli under a new holding group called Arcturus Group. The company becomes the UK’s largest multi-site casual dining operator in the Asian restaurant segment. Each brand will continue to operate independently, with existing CEOs Sarah Hills (Rosa’s Thai), Patrick Marrinan…
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26 March
Hammerson launches street food market ‘District’ at Brent Cross
Property developer Hammerson is set to launch a new street food market at Brent Cross on 31 March as part of its expanded line-up of retail, leisure and hospitality brands. Occupying 20,000 sq ft of space, District will offer a 130-cover food court-style seating area encouraging communal dining and casual…
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