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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Oct- 2020 -16 October
JD Wetherspoon reports first loss since 1984
JD Wetherspoon has reported a £105.4m pre-tax loss in the year to 26 July as sales fell due to Covid-19 restrictions, the company’s first loss since 1984. The pub chain said revenues plunged by 30.6% to £1.26bn as its pubs were adversely impacted by lockdown. The pre-tax loss includes £60m…
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15 October
Move to Tier 2 ‘catastrophic’ for London’s hospitality sector
Placing London in Tier 2 will have disastrous outcomes for the hospitality sector, unless more job support and grants are made available, UKHospitality claims. The trade body has warned that without Tier 3 support for firms currently in Tier 2 the industry will face widespread job losses in weeks. The…
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15 October
Marston’s warns ‘2150 jobs at risk’ amid new restrictions
Marston’s pub group is preparing to lay off 2150 staff members as a result of the new three-tiered lockdown system. The company said that since the first lockdown was lifted 10,000 staff members have been able return to work, however because of new restrictions imposed this week 2150 pub-based roles…
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15 October
London to move to Tier 2
London and Essex will face tougher Tier 2 Covid-19 restrictions from Saturday (17 October), including a ban on the mixing of households, local MPs have been told. According to the BBC, health secretary Matt Hancock is set to update MPs on the latest measures in the Commons later today. Under…
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15 October
Star Pubs and Bars fined after PCA investigation
Star Pubs and Bars has been fined £2m by Fiona Dickie, the Pubs Code Adjudicator (PCA), after it was judged the company “seriously and repeatedly” breached the Pubs Code over nearly three years. Dickie said her first investigation into the Heineken-owned pub company warranted a financial penalty. The investigation found…
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14 October
Boparan owner bails out GBK
Boparan restaurant group is reportedly purchasing the Gourmet Burger King (GBK) chain through a pre-pack administration, saving 650 jobs. According to Sky News, Ranjit Boparan, the owner of the restaurant group known for the brands Giraffe, Ed’s Shakes and Waffles and Slim Chicken will purchase 35 GBK restaurants, in a…
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14 October
Just Eat sees sales surge 46%
Takeaway delivery company Just Eat has revealed its sales surged 46% during the third quarter of the year, boosted by its partnerships with McDonald’s and Greggs. The company revealed that it delivered 151 million orders globally during the quarter up from 103 million the previous year. In the UK it…
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14 October
Comptoir Libanais reports £5m pre-tax loss
Comptoir Libanais has reported a pre-tax loss of £5m for the six month period ending 30 June, from a £547,685 loss over the same period last year. The group’s gross revenue dropped by 61% in the period to £6.1m, with Comptoir citing “Covid-19 related closures” as the reason behind the…
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14 October
Kirkcaldy pub sees 450k revamp
The Chapel Tavern in the Scottish town of Kirkcaldy has reopened its doors this October after undergoing a 450k refurbishment and seven month closure. The pub situated on Chapel Road was due to open in late April following refurbishment by Star Pubs and Bars, however due to lockdown restrictions, owners…
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14 October
Bluestone resort has restaurant proposals approved
Bluestone National Park Resort’s plan to turn Black Pool Mill into a restaurant has been approved. The Pembrokeshire Coast National Park Planning Authority greenlit a proposal to turn the mill into a heritage restaurant alongside plans to create a cafe and exhibition space in the surrounding buildings. Some 160 diners…
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