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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Mar- 2022 -17 March
HOSPA confirms Barclay’s Bob Silk to take over as chair
The Hospitality Professionals Association has appointed a new chairman, as Bob Silk takes over from previous incumbent Chris Upton – who has stepped down from the role. The association revealed following eight years in post, which has seen the association expand its remit to incorporate a broader swathe of hospitality…
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17 March
Parliamentary inquiry recommends VAT remains at 12.5%
An inquiry by a group of MPs has recommended that VAT for the hospitality and tourism sectors stays at 12.5% beyond March. The All Party Parliamentary Group (APPG) for Hospitality and Tourism, concluded that VAT should not return to 20% this April, citing UKHospitality data revealing that the lower rate…
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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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