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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Feb- 2022 -4 February
Inn Hospitality Group acquires Seahouses’ Olde Ship Inn
The Inn Hospitality Group has acquired the lease to operate Seahouses’ harbourside pub, The Olde Ship Inn in Northumberland. The nautical-themed pub-hotel sits above the village’s bustling harbour, 500 yards from Seahouses North Beach. The “historic” property was initially part of a farm and first licensed in 1812, with the…
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4 February
Buzzworks to open flagship restaurant in Greenock
Buzzworks Holdings has announced it will open its flagship restaurant Scotts in Greenock. creating over 70 jobs for the town. Set to open at the new Greenock Cruise Ship Visitor Centre, the new restaurant venue will be designed by Jim Hamilton, featuring an open air rooftop terrace with panoramic views…
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4 February
Hub Box reports record sales for FY21
Hub Box, the Cornwall-based burger and barbecue business, has revealed FY21 total sales for the 11-strong restaurant group increased 75% to £12.6m. During the 52 week period ending December 2021, it also revealed that unaudited company EBITDA rose to £1.47m, up from £539k in FY20. Like-for-like sales for the 33…
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3 February
Industry calls on gov to scrap over-taxation of beer and pubs
Trade bodies representing UK brewers, publicans, and beer enthusiasts are calling on the Treasury to reexamine the tax burden currently facing the sector. In an open letter to the chancellor, consumer group ‘One Voice for Beer’ outlined its support for the government’s Alcohol Duty Review, but warned that further action…
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3 February
BoE raises interest rates to 0.5%
The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from 0.25% previously. The BoE Monetary Policy Committee (MPC) confirmed it voted by a majority of 5-4 to increase Bank Rate by 0.25 percentage points, to 0.5%. Interestingly, it revealed those…
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3 February
Energy price cap to rise 54% from April
Hospitality bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase by 54% from 1 April amid a “record” increase in global gas prices, in a move that is set to affect approximately 22 million customers. Energy regulator Ofgem announced that…
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3 February
Venues by CH&CO enters £2m partnership with Brewers’ Hall
Venues by CH&CO has entered a partnership worth £2m with catering company Brewers’ Hall, set to reopen in April 2022 following its renovation. The partnership will see Venues by CH&CO exclusively manage and deliver a wide range of events at the Hall over a period of five years – from…
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2 February
How to refine career progression within hospitality
Although hospitality may still be enduring some uncertainty, consumer confidence is on the rise. According to a recent study from the CGA, more than two thirds (70%) of the UK now feel optimistic about visiting pubs, bars and restaurants – over double that of those showing similar optimism at the…
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2 February
The Butcher to make UK debut in Manchester
High-end fast-food brand The Butcher is set to make its UK debut in Manchester as part of a new entertainment venue located close to Selfridges on the top floor of the Arndale. Opening on 10 February 2022, The Butcher Manchester is the first concept from The Entourage Group to launch…
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2 February
Gordon Ramsay to open Restaurant 1890 at The Savoy
Restaurant 1890 by Gordon Ramsay is set to open at The Savoy, London, on 23 February, 2022. The new restaurant will pay homage to chef and restaurateur Georges Auguste Escoffier, who joined the hotel in 1890, and will offer “highly exclusive, contemporary fine dining” to guests for dinner only. The…
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