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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Dec- 2020 -4 December
Covid-19 ‘wrecks confidence’ in hospitality sector
CGA and Fourth have released their latest Business Confidence Survey which has revealed the scale of the challenges operators face in the run-up to Christmas. The survey was based on responses from 121 leaders carried out in mid to late November 2020 who work at senior management levels. Further research…
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3 December
Compass names Matt Thomas as MD for RA Group
Compass Group UK and Ireland has announced the appointment of Matt Thomas to its executive team as MD of RA Group on 4 January 2021. RA Group is a collection of specialist food and guest services companies and includes Restaurant Associates, Rapport, RA Venues and commercial restaurant partnerships including City…
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3 December
Jersey announces hospitality circuit breaker
A four week hospitality circuit-breaker is set to be imposed in Jersey on 4 December to combat the spread of Covid-19. As part of the measures, all hospitality venues including pubs and restaurants will have to remain closed, with only takeaway and delivery services being able to continue. Government officials…
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3 December
Cain International snaps up Prezzo
Italian restaurant chain Prezzo has been acquired by the privately held investment firm, Cain International, for an undisclosed fee. A self-proclaimed “long-term investor”, Cain’s existing portfolio in the hospitality industry includes Swingers, Maslow’s Group, and The AllBright. While the sector is currently enduring a difficult period, the investment firm said…
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3 December
Fooditude joins Sodexo group
Fooditude has announced it will be joining the Sodexo family in both the UK and Northern Ireland. The catering company said its “delivered-in model” of producing high quality fresh food from its 20,000 square feet central production unit “complements Sodexo’s global strategy” in investing in B2B foodservice delivery. Fooditude founders…
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2 December
Caffe Nero CVA receives 90% creditor approval
Caffe Nero has confirmed it will go ahead with its planned CVA, after the brand rejected a takeover bid from billionaire Issa brothers. The high street chain announced 90% of creditors voted in favour of the proposal that will allow landlords to have their arrears paid in full. In a…
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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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