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.
-
Mar- 2021 -12 March
Kitchen Barbers Bazaar opens second London site
Kitchen Barbers Bazaar is set to open its second restaurant for takeaway in Kentish Town today (12 March). Founded by Abdul Yaseen, the site will serve modern Indian cuisine, extending the group’s operations from its Crouch End restaurant which opened in 2020. Having moved to the UK almost two decades…
Read More » -
12 March
Admiral tops satisfaction score in UK licensees survey
Admiral Taverns has received the highest overall satisfaction score amongst the UK’s pub companies in Kam Media’s annual licensee survey. Kam Media’s poll consulted tenants from 19 pub companies, including six of the UK’s largest pub groups to establish a ranking based on a variety of criteria. The companies were…
Read More » -
11 March
Camden Market to welcome new restaurant in spring
LabTech, the owner of Camden Market, has announced it will welcome a new neighbourhood pub and restaurant, The Farrier, in spring 2021. The venue will span 2,100 sq ft, and will be located in the former horse hospital and stables building. According to LabTech, the venue will be Camden Market’s…
Read More » -
11 March
Mitchells and Butlers finalises £350m cash injection
Mitchells and Butlers has confirmed the completion of a £350m funding round, as shareholders raised vital cash for the group. The owner of All Bar One and Toby Carvery has raised £350.5m through the upcoming issuing of 167 million new shares in an open offer. The funding will be used…
Read More » -
11 March
Gov confirms lease forfeiture moratorium extension
The government has announced another extension of the lease forfeiture moratorium, in a boon for the hospitality industry. Robert Jenrick, the house secretary, confirmed protections that prevent landlords from repossessing commercial premises, if businesses are unable to to pay rent due to Covid-19, will now expire in June. Originally the…
Read More » -
11 March
Marston’s CEO to step down
Marston’s has announced that Ralph Findlay will step down from the role of CEO at the end of the current financial year ending 30 September 2021. The process to appoint his successor is underway and a further announcement will be made in due course. Findlay has been CEO of Marston’s…
Read More » -
10 March
Welsh Gov extends lease moratorium
The Welsh Government has announced the decision to extend the lease forfeiture moratorium until 30 June 2021, in a bid to protect business owners including those in hospitality from eviction. The support measure, which was due to end on 31 March, will now ensure that no business is forced out…
Read More » -
10 March
The Restaurant Group to raise £715m to offset Covid-19 impact
The Restaurant Group (TGR) has announced it plans to raise £175m in a move which will aim to enhance liquidity, accelerate deleveraging and support selective growth as the company continues to struggle with the ripple effects of Covid-19. The plans mark the end of the group’s “deep restructuring” programme and…
Read More » -
10 March
Langham Hospitality Group appoints new F&B director
Langham Hospitality Group has announced the appointment of Chris King as its new director of food and beverage. King began his career at the hotel group over 10 years ago as head chef at Roux at the Landau, having worked alongside many Michelin-starred chefs previously. Prior to his new role,…
Read More » -
10 March
Just Eat sees 2020 revenues soar 54%
Just Eat Takeaway.com (Just Eat) has revealed total group revenues of £2.06bn for the year ended 31 December 2020, a year-on-year growth of 54%. Adjusted EBITDA for the period also increased from £185.9m in 2019 to £256m in 2020, a jump of 18% for the year. As for the group’s…
Read More »
