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 -2 December
Loungers posts 33% revenue drop
Loungers, the owner of Lounge and Cosy Club, has reported that revenue fell by a third for the 24 weeks ended 4 October, when compared to the same period last year. The group claimed that the drop in revenue of £26.3m to £53.5m was a direct result of the national…
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2 December
50,000 licensed premises to remain shut
As many as 50,000 licensed premises could reportedly keep their doors closed as lockdown restrictions lift and a new tiered system comes into effect in England. The findings come from the latest Market Recovery Monitor report from CGA and AlixPartners, which revealed the challenges facing restaurants, pubs, bars and other…
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1 December
Hospitality supply chains under increased pressure
Pandemic-related disruption has caused supply difficulties for more than nine in ten hospitality operators since they reopened in July, according to a new survey by CGA and Prestige Purchasing. They found that only 8% of operators had “escaped supply challenges” since the end of the first national lockdown, while only…
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1 December
Caffe Nero snubs Issa brothers offer
Caffe Nero has rejected a takeover offer from the billionaire Issa brothers, after the chain revealed its advisors received an “unsolicited non-binding offer”, from a third party late last night. Yesterday speculation arose about the fate of the coffee chain, after Sky News broke a story about the brothers intention…
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1 December
Scottish Government urged to rethink restrictions
UKHospitality has led calls from leading hospitality operators for the Scottish Government to adjust the restrictions currently placed on the industry. Over 60 hospitality bosses have written to the First Minister regarding the tiered system that is “squeezing the remaining life out of the sector”. The letter calls for a…
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1 December
Langan’s set for grand reopening Autumn 2021
Restaurateurs Graziano Arricale and James Hitchen have announced that Langan’s will reopen as a french brasserie in Autumn 2021. Founded by Irish restaurateur Peter Langan in 1976, in partnership with actor Sir Michael Caine and former head chef of the Michelin-starred Capital Hotel, Richard Shepherd, Langan’s in Mayfair was a…
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Nov- 2020 -30 November
Issa brothers eye up Caffe Nero
Mohsin and Zuber Issa, the owners of British petrol retailing company EG Group, are rumored to have proposed a takeover bid for struggling highstreet chain, Caffe Nero. According to Sky News, the offer comes hours before the brand is set to request approval from landlords to cut the price of…
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30 November
Welsh pubs given 6pm curfew, banned from serving alcohol
Pubs, bars and restaurants in Wales have been told they must shut at 6pm and not serve alcohol to patrons, in the latest government restrictions that are set to come into force this Friday (4 December). The new rules were announced by first minister Mark Drakeford, who warned that 1,000…
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30 November
JD Wetherspoon boss slams ‘reckless’ government
JD Wetherspoon chairman, Tim Martin has hit out at the latest tier system, arguing that the government has “effectively closed all pubs”. In a letter addressed to UK MP’s Martin has said “it is a fallacy” that pubs will reopen on Wednesday 2 December, adding that this is the first…
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30 November
Pubs and restaurants to receive additional Government funding
Boris Johnson is set to announce extra cash relief for pubs and restaurants affected by the three-tier Covid restrictions, according to the Telegraph. The prime minister has reportedly decided that with 99% of establishments facing tougher regulations in Tiers 2 and 3, the potential losses to the industry could be…
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