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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May- 2021 -24 May
Cameron House Hotel launches new fine dining restaurant
Cameron House Hotel has announced the launch of its new fine dining restaurant, which is set to be led by famous Scottish chefs Paul Taburrini and Martin Wishart. Named Tamburrini and Wishart, the new establishment will be based at the Loch Lomond hotel and will provide a Scottish-inspired five-course tasting…
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24 May
Electra plans TGI Fridays FTSE demerger
Electra Private Equity, the owner of TGI Fridays, has revealed that plans to list the restaurant chain on the FTSE Main Market in Q3 of this year are “well advanced”. The announcement came as a part of the group’s results for the half year to 31 March 2021, where it…
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24 May
Compass Group to convert 40% of meals to plant-based alternatives by 2030
The Compass Group has revealed plans to convert around 40% of its meat-based meals to plant-based alternatives by 2030. This is part of the company’s aim to deliver net zero emissions as it joins the UN Race to Zero campaign to “help build a more sustainable food system”. The shift…
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21 May
Greedy Gordons to open two Northamptonshire pubs
Greedy Gordons, a Northamptonshire pub and retail company, has announced plans to open two pubs in the county. Richard Gordon and Sonya Harvey, co-owners of the group, have run The Red Lion at Cranford for the past four years, and aim to create 60 new jobs with this new venture. …
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21 May
Tim Hortons expands into South West of England
Canadian restaurant brand Tim Hortons has announced a further UK expansion with the opening of a Gloucester restaurant. Located at Eastern Avenue Retail Park, the site is set to create 50 new jobs, and represents a continuation along the group’s plans to add 2,000 new jobs across the country. The…
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21 May
UKH welcomes Scottish gov’s cabinet appointments
UKHospitality (UKH) has welcomed Nicola Sturgeon’s recent appointments to her cabinet in the Scottish government. Kate Forbes MSP has been appointed as the cabinet’s secretary for finance and the economy, while Ivan McKee MSP is set to take on the role of minister for business, trade, tourism and enterprise. The…
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21 May
Gordon Ramsay Restaurants appoints new CFO
Gordon Ramsay Restaurants has announced that Antony Perring has joined the group as its new CFO. Perring previously served as CFO of Leon Restaurants from 2015 to early 2021, primarily responsible for delivering the financing structures. Prior to that he served as financial director at Wagamama from 2006 to 2014,…
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20 May
Young’s losses widen to £45.2m
Young’s, the pub chain and brewery, saw its losses before tax widen to £45.2m up from £29.1m the previous year. With the group only being able to trade four months in the 52 weeks ending 29 March, the pub chain also saw its group revenue fall by nearly 71% to…
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20 May
Maven Leisure secures £4.3m funding for acquisition spree
Maven Leisure is set to raise £4.3m through private equity investment firm Growthdeck in a bid to open a host of new London bars upon the lifting of lockdown. The new venture, which is led by the founders of ETM Group, is looking to use the funds to launch seven…
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20 May
Scottish hospitality bodies request ‘urgent call’ with Nicola Sturgeon
Scottish tourism and hospitality bodies are teaming up to request an “urgent call” with the country’s first minister. The Scottish Tourism Alliance and UKHospitality have written to Nicola Sturgeon to discuss with her the impact of Glasgow remaining in Level 3 Covid-19 restrictions. Prior to last week, hospitality establishments in…
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