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- 2022 -17 March
Big Table Group launches Rouge concept in Birmingham
The Big Table Group has launched ‘Rouge’, a new concept restaurant in the Bullring, Birmingham, after a £250,000 refurbishment. The newly renovated restaurant is the second site nationwide, and first in the Midlands, to trial a refreshed design concept and French-inspired menu options. Located on the upper level of the…
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17 March
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate the effect of the rising costs of living and the impact that the conflict in Ukraine is having on the global economy. The Monetary Policy Committee (MPC) voted with a…
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16 March
UK food to go market to grow to a value of £21.3bn in 2022
The UK food to go market is forecast to grow by +31.8% in 2022, to a value of £21.3bn, according to the new Lumina Intelligence UK Food To Go Market Report 2022. The report revealed this will see the market fully recover to and exceed its 2019 pre-pandemic market value…
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16 March
Wagamama owner reports strong sales in FY results
The Restaurant Group (TRG) has announced that its total sales hit £636.6m in the year ended 2 January 2022, marking an improvement from the £459.8m reported in FY20. Meanwhile, its adjusted EBITDA totalled £81.2m on a pre IFRS 16 basis, up from £8.7m in 2020, while profit before tax was…
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16 March
Hospitality leaders launch Lunch4Ukraine to raise £100k for DEC
A collective of hospitality industry representatives have launched Lunch4Ukraine in order to raise £100k for Ukraine appeal, Disasters Emergency Committee (DEC). It revealed the money will go to people affected by displacement and conflict in Ukraine and highlight the Homes for Ukraine humanitarian visa pathway. Hosted and organised by JW…
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16 March
UKH welcome ‘positive news’ from ONS figures, but warn industry ‘remains fragile’
UKH has said the latest figures from ONS are “positive news” for the industry, after it reported that jobs in the hospitality sector are up 252,000 in the last 12 months, and unemployment has dropped to 4%, below pre-pandemic levels. However, it warned that the sector “remains fragile”, and renewed…
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15 March
Acquisitions drive Nightcap revenues to surge 700%
Nightcap has reported a 700% increase in revenues to £15.8m during the 26-week period ended 26 December 2021 boosted by a series of acquisitions. The group also revealed like-for-like revenues increased 22.4% compared with the same period in 2019. Excluding the ‘Plan B’ period, group revenue increased by 28.3% on…
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15 March
German Doner Kebab appoints new MD for UK
German Doner Kebab has appointed Sofia Dimen as its new managing director for the UK to help build on its “ambitious” growth plans. Dimen is the founder of Basepoint Consulting and a former senior commercial consultant at OXYGY Ltd, a Bird and Bird international law firm, where she has worked…
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15 March
Six celebrity chefs raise over £70k to support Ukraine
Six well known UK chefs have raised over £70k as part of a charity dinner to support the work of the DEC’s Ukraine Humanitarian Appeal. Taking part in the one-off special event were Nieves Barragan (Sabor), Lisa Allen (Northcote), Tom Kerridge (Kerridge’s Bar and Grill), Angela Hartnett OBE (Murano), Neil…
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15 March
Lu Ban wins ‘best restaurant in Liverpool’ award
Lu Ban Liverpool has been crowned the city’s best restaurant at the 2021 Liverpool City Region Tourism awards. The Chinese restaurant, based in Liverpool’s Baltic Triangle, also won the Resilience and Innovation award. On being named the best restaurant in Liverpool, Lu Ban executive head chef Dave Critchley said: “This…
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