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 -17 December
Furlough scheme extended until April 2021
The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages to employee’s pay, Chancellor Rishi Sunak has confirmed today (17 December). The government will also extend current government-guaranteed Covid-19 business loan schemes until the end of March. This includes…
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17 December
Restrictions widen as millions enter Tier 3
UK government officials have announced that the majority of the South East and East of England will enter Tier 3 this weekend, as coronavirus cases continue to rise in many parts of the country. Health Secretary Matt Hancock said that the increased restrictions were necessary in order to control the…
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17 December
Paul Bakery seeks UK franchise partners
Bakery chain Paul has announced it is looking to secure UK franchise partners in a bid to roll-out the chain on a national level. The 38-strong bakery said that the “tried and tested” operation has been proven in multiple countries, and will provide franchisees with a national supply chain, as…
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17 December
SSP revenue halves as sales dented by Covid-19
SSP, one of the UK’s leading travel food and beverage groups, has reported that revenue plunged by 47.9% to £1.4bn in the full-year ended 30 September 2020. The group’s like-for-like sales also fell 50.8%, after they were “heavily impacted” by the various lockdown measures resulting from the pandemic and the…
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17 December
Welsh hospitality businesses to close from 6pm on Christmas Day
All Welsh hospitality businesses will close from 6pm on Christmas Day, as the country moves into level four restrictions to curb the spread of Covid-19. In an announcement made on Wednesday (16 December) the First Minister, Mark Drakeford said there are now more than 2,100 people with coronavirus symptoms in…
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17 December
Revolution Bars swings to £32m loss in full-year results
Revolution Bars Group, the city centre bar chain that trades as Revolution and Revolución de Cuba, has announced a statutory loss before tax of £31.7m for the full-year ended 27 June 2020. The group, which had operated over 74 properties at the period end, also saw total revenue fall from…
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16 December
Wagamama sales boosted in Q3
Wagamama has announced that like-for-like sales rose by 7.4% in the third quarter ended 27 September 2020, attributed to the government’s Eat Out to Help Out scheme in August. UK revenue fell by 20.8% to £70.3m in the quarter, however, amid a phased reopening of its restaurants for eat in…
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16 December
Burger King to promote independent restaurants through Instagram
Burger King has announced that small restaurants owners can promote their businesses on its Instagram, in a bid to support the hospitality sector as parts of the UK enter into tier three. In a post on the chain’s Instagram, Burger King revealed it was “taking a break” from publishing promotional…
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16 December
The Set Brighton announces permanent closure
Chef Dan Kenny’s The Set restaurant in Brighton has revealed its permanent closure on 31 March 2021. The establishment, which has been running for six years, offers a 14+ course tasting menu to just 12 customers from Monday to Wednesday each week, in a dining experience that lasts for over…
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16 December
Restaurants face increased food wastage in Tier 3
The new tiered restrictions in London, Essex and Hertfordshire could see millions of pounds worth of food and drinks get thrown away, according to The Guardian. Kate Nicholls, chief executive for UKHospitality, told the paper that as with previous short-notice lockdowns, the new tiered restrictions will cause a “glut of…
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