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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May- 2022 -16 May
McDonald’s to permanently exit Russia after 30 years
McDonald’s Corporation has announced it will permanently exit the Russian market after more than 30 years of operations in the country, and it has initiated a process to sell its Russian business. McDonald’s said the humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, had…
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16 May
Gusto Italian launches apprenticeship scheme
Casual dining chain Gusto Italian has launched a new apprenticeship scheme which will enable employees to achieve a degree-level qualification. Through a partnership with training and development providers, Dove Nest, thirteen junior managers have been selected for the first cohort of apprentices. Over the next 18 months, they will study…
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16 May
McDonalds UK&I to invest over £250m in restaurant redesign
McDonald’s UK&I has announced an investment of over £250m over the next four years as the brand embarks on a programme to redesign some of its restaurant estate. It said its new “ambitious” ‘Convenience of the Future’ upgrade programme will see McDonald’s UK&I shake up the way its restaurants operate…
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16 May
Where The Pancakes Are launches £550,00 crowdfunding campaign amid expansion
Where The Pancakes Are has launched a £550,000 crowdfunding campaign to support its UK expansion plans. Its first restaurant near Borough Market opened in 2016, and its online shop was launched in April 2020. Its second restaurant in Fitzrovia opened its doors in June 2021. A third restaurant is set…
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16 May
TRG faces investor backlash over CEO bonus
The Restaurant Group (TRG) is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the company’s chief executive, Andy Hornby, has received the highest pay since 2017, while benefiting from government support. According to the Guardian, the Institutional Voting Information Service (IVIS), which is part of the…
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16 May
Greggs Q1 sales surge 27.4% to £495m
Greggs has reported its like-for-like sales in company-managed shops surged 27.4% to £495m in the first 19 weeks of FY22 (Q1), up from £378m in Q1 FY21 when restricted trading conditions impacted sales. However, sales levels in larger cities and in office locations continue to lag the rest of the…
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13 May
Big Table Group appoints first F&B director
The Big Table Group, the operator of Las Iguanas, Bella Italia and Café Rouge, has appointed David Rust to the newly created role of director of Food and Beverage. Rust has over 30 years’ experience in the hospitality industry, working with brands across hotels, restaurants and leisure. He joins from…
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13 May
Adnams sales hit £57.4m in FY21
Adnams, the brewer, distiller and retailer, has revealed that sales rose by £7m to £57.4m in the 12 months to 31 December 2021, despite an operating loss of £0.9m over the period. Despite more “stringent” restrictions in the early months of the year, trading months operated ahead of expectations, with…
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13 May
Brakspear reopens The Bull on Bell Street in Henley
Brakspear has reopened The Bull on Bell Street in Henley-on-Thames after an “extensive refurbishment”, the first major investment within its managed estate since it was rebranded as Honeycomb Houses last autumn. The transformation, devised by Brakspear’s in-house design team, has created an extensive outdoor space behind the pub, now called…
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13 May
Wendy’s sees Q1 profits fall by almost 10%
Wendy’s has reported that its operating profit dropped 9.9% to $74.9m (£61.46m) in the first quarter of FY22, compared to $83.1m (£68.19m) in the same period last year, due to higher general and administrative expenses and a decrease in the company-operated restaurant margin. Wendy’s company-operated restaurant margin fell 5.4% to…
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