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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Dec- 2020 -22 December
Pistachio Holdings acquires Creams
Pistachio Holdings, a firm backed by Ankush Shah of the East Africa-based Sumaria Group, has acquired a majority stake in the dessert brand, Creams. Creams, which was founded in 2008 by Balal Aqil and Adam Mani, currently employs over 1,400 staff across its 93-strong UK portfolio. As well as his…
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22 December
Leicestershire County Council offers one-off payment to pubs
Leicestershire County Council has announced it is offering a one-off payment of £1,000 to support small village pubs which are unable to open due to Covid-19 lockdown restrictions. The council said the initiative has been designed to keep people in jobs, maintain the role of the pub as a community…
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22 December
Maxwell’s Restaurant Limited calls in liquidators, 400 jobs lost
Maxwell’s Restaurant Limited has gone into liquidation resulting in 400 members of staff being left redundant. The restaurant group, which owned popular London venues such as Maxwell’s Bar and Grill, Cafe de Paris and Palm Court Brasserie said “reduced customer numbers” due to Covid-19 was one of the reasons for…
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22 December
Gaucho and M joins ‘Hospitality Against Homelessness’ campaign
Gaucho and M Restaurants has announced it will be participating in the ‘Hospitality Against Homelessness’ campaign, which was set up by non-profit organisation, Only A Pavement Away. The campaign aims to bring together the hospitality industry in an effort to provide support to homeless people across London, while restaurants and…
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21 December
Brighton restaurateur banned for tax avoidance
A Brighton restaurateur has been banned from trading for six years after he “deliberately under declared tax” resulting in liabilities of more than £130,000. The owner Byron Swales, from Hove, was director of Indian Summer UK Limited, which traded as the Indian Summer restaurant on East Street in Brighton. Indian…
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21 December
Heineken UK names new managing director
Heineken, the multinational brewing company, has appointed David Flochel as the new managing director for its UK arm. Flochel will commence his role as of 1 January 2021, taking over from interim managing director Simon Amor, who had held the role since David Forde’s departure in July of this year.…
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21 December
Hospitality curfews ‘ineffective’, according to new report
Hospitality curfews, which were brought in to curb Covid-19 transmissions, were largely ineffective, according to a new report published by Stampede. The hospitality software startup’s research, which analysed 2.4 million customer interactions across UK hospitality venues, revealed that customers went out safely before curfew, and the government’s ‘Eat Out to…
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21 December
Leon CVA receives creditor approval
Leon has announced its CVA proposal will go ahead after it received 90% approval from its creditors. The restaurant chain which was founded in 2004 and has gone on to operate 75 sites globally both owned and franchised with 44 based in the UK in prime locations and transport hubs,…
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18 December
Deltic saved by Nordic buyout
Deltic, the UK’s largest operator of late-night bars and clubs, has been bought out of administration by Rekom UK, the British subsidiary of the Nordics’ largest nightlife group. The deal will see Rekom takeover 42 bars and pubs across the UK, possibly saving over 1,300 jobs in the process. Rekom…
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18 December
UK hospitality sector loses £53bn in sales this year
The UK’s hospitality sector has lost sales of more than £53bn in 2020, with more losses expected due to the recent tier restrictions imposed on trading. The new Covid-19 vaccine could provide grounds for cautious optimism in 2021, according to the new CGA report. The eighth edition of the ‘Survival…
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