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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Sep- 2020 -25 September
Hospitality associations claim chancellor’s plan ‘doesn’t go far enough’
Leading hospitality associations UKH and BBPA have “expressed relief” at “some elements” of the chancellor’s new Winter Economy Plan but added they are concerned jobs remain “at serious risk.” The new “Job Support Scheme” announced yesterday follows the “devastating” additional restrictions for the hospitality sector revealed earlier in the week.…
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25 September
Scottish university students must avoid pubs, says government
University students in Scotland must avoid pubs, following an outbreak of Covid-19 in student accommodation across parts of Scotland, according to new measures announced by the Scottish government. Following a meeting between university principles and government ministers, further measures and messaging have been introduced to stop the spread of the…
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24 September
Upper Crust owner predicts 86% decrease in sales
Owners of pastry chain Upper Crust, have predicted an 86% decrease in sales for the year to end in September. A trading report released by the company revealed that weekly sales are currently running at 76% below last year results. The SSP owned group touted slow return to UK commuter…
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24 September
Chancellor unveils new Job Support Scheme
The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the wages of those in part-time work. The scheme, which will run for six months starting this November, will see the government attempt to preserve “viable” jobs by subsidising the pay of employees…
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24 September
Quarter of hospitality businesses likely to collapse without support, survey finds
One quarter of hospitality businesses believe they may collapse in the next three months if they do not receive further government support, according to the latest survey from industry leaders. Pub and hospitality trade bodies, British Beer and Pub Association, UKHospitality and British Institute of Innkeeping, held a survey of…
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24 September
Deliveroo calls for further industry support as restrictions grow
Deliveroo, alongside major restaurant partners, is calling on the government to provide further financial support to the restaurant sector as restrictions tighten. In a letter addressed to Rishi Sunak, which was signed by the CEOs of Pizza Hut and KFC, the online food delivery company outlined what additional support is…
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24 September
Chancellor set to unveil furlough replacement after Budget cancellation
Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and the UK economy in parliament later today (24 September). It is thought the new measures will replace the current furlough scheme, which is set to expire at the end of…
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23 September
Wahaca to see £25m debt written off in CVA proposal
Mexican themed restaurant Wahaca will have a total of £25m in debt written off in a bid to salvage the brand as part of a Company Voluntary Agreement (CVA). According to Sky news, Wahaca proposed a CVA that will also see its lenders and shareholders pump £5m of new money…
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23 September
TUC calls for ‘smarter, targeted version’ of furlough scheme
Representatives of the TUC and Cambridge Econometrics have called for the government to seek more industry counsel and create a “new and improved” furlough scheme, in order to support affected businesses through the latest restrictions. Speaking on BBC Radio 4’s Today programme, Andrew Sentance, senior advisor to Cambridge Econometrics and…
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23 September
Almost 40% of hospitality business owners considering closure
Some 37% of business owners in the hospitality sector are considering closure or business exit, according to “worrying” survey results released by accountancy firm Armstrong Watson. It comes as over 350 bar, restaurant, café, hotel and accommodation owners and providers shared their views on the current issues facing the sector,…
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