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 -8 June
Gov must ‘find a solution’ to £2bn rent debt, says UKH chief
Kate Nicholls, head of UKHospitality, has called on the government to work alongside the sector, landlords and shareholders to find a solution to the £2bn plus in rent debt that “hangs around the neck” of the industry. Giving evidence to the House of Commons Treasury Committee hearing on Monday (7…
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8 June
Nightcap revenues surge 92% following indoor reopening
Bar group Nightcap saw unaudited group revenues for the three weeks from 17 March to 6 June grow 92% when compared to 2019 levels. While the firm was only trading with 16 of its 19 bars at that time in 2019, like-for-like sales still increased 53% for the same period.…
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8 June
Continued restrictions ‘crushing’ future of UK pubs, says BII
The majority of UK pub owners believe the country’s continued social distancing restrictions are “crushing” the future of their businesses, according to a recent survey conducted by the British Institute of Innkeeping (BII). With current trading restrictions, 74% of publicans are trading at less than 75% compared to 2019 figures,…
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8 June
The Restaurant Group chairman to step down
The Restaurant Group has announced that its chairman Debbie Hewitt will be stepping down from the board with effect from 31 December 2021. Once stepped down from the group, Hewitt will take up the role of chairman of the English Football Association in January 2022. The board has commenced a…
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7 June
Deposit Return Scheme must be ‘workable’ for hospitality sector, says UKH
The government’s Deposit Return Scheme (DRS) must be “workable” for the hospitality sector, according to UKHospitality (UKH). The trade association said it believes safety and space concerns, increased business costs and bureaucracy caused by the scheme would place a disproportionate burden on many hospitality businesses. In response, UKH is recommending…
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7 June
Hospitality business investments fell 13.7% last year
Business investment in the hospitality industry fell 13.7% last year, according to the latest analysis of ONS data by business tax relief specialist Catax. Business investment in hotels and restaurants also fell by £621m in 2020, dropping from £4.6bn in 2019 to £3.9bn. The sector also recorded a big slump…
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7 June
200 Degrees to launch Cannock coffee shop
Coffee roasters 200 Degrees has announced the upcoming launch of a new coffee shop at McArthurGlen Designer Outlet West Midlands in Cannock, Staffordshire. Due to open on 9 June, the venue will represent 200 Degrees’ second venture with the McArthurGlen retail group, following from its East Midlands site. The coffee…
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4 June
Chilango welcomes Nigel Sherwood as non-exec director
Chilango, the 14-strong Mexican-inspired restaurant chain with sites across London and the UK, has announced the appointment of Nigel Sherwood, who will be joining the board as a non-executive director. Sherwood is currently chief operating officer at Wagamama and has also worked as managing director at Shake Shack, and within…
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4 June
Leisure sector rent collection on the rise, says Colliers
The leisure sector has seen rent payments increase “significantly” in the two months since March quarter day, with levels rising from 18% to 37%, according to the latest figures from Colliers. The restaurant sector welcomed a “record” +2 month rent collection since June 2020, exceeding the rent levels collected during…
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4 June
Hawthorn sales reach 98% of pre-pandemic levels
Hawthorn, the community pub company, has revealed that like-for-like sales since 12 April at its leased and tenanted estate are at 98% compared to the same period in 2019. As a part of its parent company, New River’s, full year results for the 12 months ended 31 March 2021, the…
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