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- 2021 -31 March
Time Out Group set to launch £15m equity raise
Time Out Group is preparing to launch a £15m equity raise to assist the business’ return to “a stronger position” in the next financial year. The hospitality and media group’s finances have struggled over the past 12 months due to lockdowns resulting from the Covid-19 pandemic. The group posted a…
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31 March
Two in five licensed premises able to accommodate outdoor trading
Around two in five licensed premises will have some form of outdoor trading space when restrictions ease for venues on 12 April, according to the latest Market Recovery Monitor from CGA. The monitor revealed that around 41,100 premises (38.2% of all sites) in the UK have a garden, terrace, car…
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31 March
Deliveroo sees shares fall by 30% in market debut
Shares in Deliveroo sank by as much as 30% as it made its London Stock Market debut, going as low as 275p per share and wiping over £2bn off its valuation In a market announcement this morning, Deliveroo said the offer price has been set at £3.90 per share, equating…
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30 March
Cin Cin to open London restaurant site
Cin Cin, an Italians restaurant chain, has announced it plans to open its first London site in Fitzrovia at the end of April. Opening on Foley Street, Cin Cin London will begin trading with outside covers before welcoming customers to its 20 seat dining room once government restrictions lift. Founded…
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30 March
RedCat eyes Stonegate sites for inaugural acquisition
RedCat Pub Company, owned by ex-Greene King boss Rooney Anand, is reportedly on the brink of acquiring over 40 pubs from Stonegate. According to Sky News, the deal could see the owner of Yates’s and Slug and Lettuce offload 42 of its sites as early as this week. While the…
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30 March
Brewdog considering hotel site in Edinburgh
Brewdog is considering the acquisition of a new hotel site in Edinburgh, according to comments made by the brand’s chief executive. On Twitter, James Watt said: “Working on a potential BrewDog beer hotel location in Edinburgh today. It would be great to open a beer hotel in the capital of…
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30 March
JD Wetherspoons to open 18 new pubs, creating 2,000 jobs
JD Wetherspoon has announced it plans to open 18 new pubs, creating 2,000 new jobs in the process. The openings are part of the group’s £145m investment into its 871 pubs, of which 57 are also expected to benefit from upgrades. The first set of new pubs and extensions will…
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29 March
UKH: Welsh hospitality needs ‘clarity’ on reopening
UKHospitality (UKH) Cymru is calling on Wales’ first minister Mark Drakeford to provide hospitality businesses with “clarity” in regards to their eventual reopening and what financial support they are entitled to. Speaking on BBC’s Andrew Marr Show this past weekend, Drakeford said he will reveal plans for reopening on Thursday…
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29 March
Star Pubs and Bars awards longest serving licensee
Yorkshire pub licensee Elizabeth Wood has received a long-service award to mark her 40th anniversary at The White Swan in Hebden Bridge. Wood was presented the award by Star Pubs and Bars, who leases the venue, and wanted to recognise the contribution she “has made to the town during her…
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29 March
VFC secures £2.5m seed funding
VFC Foods, a newly formed vegan fried chicken company, has secured £2.5m seed funding to support its domestic and international growth. Led by Veg Capital, a vegan investment fund, the funding round was also joined by the firm’s senior leadership team and Johnson Resolutions. Launched in December 2020, VFC has…
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