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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Jun- 2021 -16 June
Michelin-starred Leroy opens new sister site
Michelin-starred European wine bar and restaurant, Leroy in Shoreditch, has announced the opening of a new sister site Royale. The venue is located at the East London Liquor Co and will offer a “rustic sharing-style menu” to its guests. Dishes served on the large terrace and dining room include the…
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16 June
UKH Cymru calls for ‘fresh funding’ to save businesses
UKHospitality (UKH) Cymru is calling for “fresh funding” to save and grow both hospitality jobs and businesses in Wales. The trade association met with the new Welsh government economy minister, Vaughan Gething MS, to discuss the industry’s concerns regarding hospitality’s recovery. David Chapman, UKH Cymru’s explained the need for a…
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16 June
Hostmore named as TGI Fridays’ demerged owner
Electra Private Equity, the owner of TGI Fridays, has revealed Hostmore PLC as the trading name of its new parent company for the group’s hospitality brands. Hostmore will control Electra’s firms that are set to be demerged and admitted to the main market of the London Stock Exchange in Q3…
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16 June
CBRE to sell eight Marston’s pubs for £21.6m
Real estate advisor, CBRE, has announced that it has been appointed by Aviva Investors to sell a portfolio of eight recently constructed, freehold Marston’s pubs for a guide price of £21.6m. The leases on the newly built pubs reportedly expire in 2055 and have RPI annual kickers. Additionally, the future…
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15 June
UKH Scotland calls for gov to ‘stick with’ reopening plan
UKHospitality (UKH) Scotland is calling on the Scottish government to “stick with” its current reopening plan. Following the UK government’s announcement of a four-week delay to the removal of all Covid-19 restrictions, the trade association is urging the Scottish government to not follow suit. Currently, the Scottish government’s timeframe in…
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15 June
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report to businesses despite the prime minister announcing a four-week delay to the lifting of restrictions. According to the Guardian, sources close to the chancellor have said that he believes sufficient…
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15 June
Just Eat Takeaway.com enters US market with Grubhub acquisition
Just Eat Takeaway.com has announced that it has completed the acquisition of 100% of the shares of Grubhub for an undisclosed sum. The acquisition follows the clearing by the Competition and Markets Authority (CMA) of the £6.2bn merger between Just Eat plc and Takeaway.com. The merger was previously under investigation…
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15 June
Lockdown delay will cost hospitality sector £3bn, warns UKH
The four week delay to the final stage of easing lockdown restrictions in England will cost the hospitality sector “around £3bn in sales”, according to Kate Nicholls, UKHospitality chief executive. According to Nicholls, the extension, which will see the remaining social distancing measures continue beyond 21 June, puts 300,000 hospitality…
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14 June
Chucs opens sixth London site
Chucs, a London-based chain of Italian inspired restaurants and cafes, has announced the opening of its latest venue in St John’s Wood this July. The build marks its largest undertaking so far, with 84 covers and room for 150 standing, as well as an outdoor terrace seating 16. Open from…
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14 June
No ‘justification’ for Covid passports, says gov committee
There is no “justification” for Covid-19 passports, according to a new report by the Public Administration and Constitutional Affairs Committee (PACAC). The cross-party group of MPs published its report into the use and impact of Covid-status certification on individuals and businesses. They found the government has failed to adequately make…
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