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 -7 September
Pizza Express creditors approve CVA
Pizza Express has announced today (7 September 2020) that its creditors have approved its proposed company voluntary agreement (CVA). In a virtual meeting last week, 89% of all responding creditors voted in favour of the CVA, passing the 75% threshold, while 67% of responding unconnected creditors approved the proposal. The…
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7 September
Deliveries to provide ‘long-lasting boost’ to sector post-lockdown
The positive impact of Covid-19 on the delivery market is set to “provide a long-lasting boost” to the sector once the pandemic ends, according to Lumina Intelligence. Its latest Foodservice Delivery Market Report Update found that prior to the pandemic, delivery accounted for one meal per consumer per month on…
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7 September
GDP to contract £15.3bn each year if home working persists
Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP by £15.3bn every year, according to new research published by PwC. The ‘Big Four’ accountancy firm said the hit to consumption is a result of office workers spending fewer days…
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5 September
UK diners eat 100 million meals through EOHO
Over 100 million meals have been claimed for under the government’s Eat Out to Help Out scheme in August, the Treasury has revealed. Chancellor Rishi Sunak said the scheme has helped protect the livelihoods of 1.8 million people working in the hospitality sector, as well as drive the nation’s economic…
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4 September
Pret to launch ‘first ever’ in-shop coffee subscription service
Pret A Manger has announced it is to launch the “UK’s first ever” in-shop coffee subscription on Tuesday 8 September – the company’s first step to deliver its new multichannel strategy. The ‘YourPret Barista’ coffee subscription will cover all drink options prepared by Pret’s barista team and comes at a…
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4 September
Over 58,000 hospitality jobs at risk in Scotland
Over 58,000 jobs in the Scottish hospitality sector are at risk, according to research carried out by The University of Edinburgh’s Business School. According to a new report, in collaboration with London-based fintech company Wiserfunding, 25% of hospitality businesses in Scotland could ‘‘go bust’’ post-lockdown without significant assistance. The university’s…
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3 September
Costa places 1,650 roles at risk
Costa has announced that 1,650 roles are at risk of redundancy following a newly-launched bid to restructure the group as it attempts to weather the impact of Covid-19. The coffee chain said the ongoing impact of Covid-19 has required the business to “make difficult decisions to ensure that as many…
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3 September
Naveen Handa acquires East Coast Concepts out of administration
An investment group led by Naveen Handa of leisure company The Cairn Group has acquired restaurant and bar group East Coast Concepts out of administration. The Manchester-based restaurant and bar group, which operates the Neighbourhood and Victors brands, has five sites across the UK, including Hale, Alderley Edge, Liverpool, Leeds…
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3 September
North East pub company expands its portfolio
A North East hospitality company is expanding its portfolio of restaurants and pubs in the region. The Northumberland Pub Co, which owns The Blackbird in Ponteland, has acquired The Northumberland Arms, based in Felton. The group has spent over £70,000 on refurbishments and renovations to update the former coaching inn…
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3 September
Avanti West Coast launches ‘at-seat order’ catering service
UK train operating company Avanti West Coast has introduced a new service which allows food and drink delivered to customers in their seats. The group said that whilst customers in first class have always enjoyed being served at their seat, trials are currently taking place on selected Pendolino trains which…
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