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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Aug- 2020 -5 August
Sir Stelios backs Deliveroo and Just Eat rival
EasyJet founder Sir Stelios Haji-Ioannou has backed a new food delivery service – Easyfood – which aims to rival giants Deliveroo and Just Eat. The entrepreneur has backed the launch of Easyfood app, which coincides with the launch of the governments Eat Out to Help out scheme, that will allow…
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5 August
One in three pubs fail to break even
Over a third of pubs in the UK have failed to break even after their first month of reopening, the British Beer and Pub Association has reported. The latest data comes from a survey of its members that was conducted exactly a month after pubs were allowed to reopen on…
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5 August
CMA clears Amazon’s Deliveroo investment
The Competition and Markets Authority (CMA) has approved Amazon’s 16% investment in Deliveroo, after finding that it will not “substantially lessen competition”. Under the deal, Amazon will acquire 16% of Deliveroo as the lead investor in a $575m (£438m) funding, which was first announced last year. At that point the…
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4 August
Star Pubs & Bars invests £1m into Glasgow pubs
Two Glasgow pubs are benefiting from upgrades as part of a £1.04 million investment in Scotland’s West Central Belt pubs by Heineken-owned Star Pubs & Bars. Work is set to start on a £325,000 refurbishment of The Princess in Riddrie, whilst The Drum in Shettleston reopens this week following a…
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4 August
Fitzrovia‘s Oklava Bakery + Wine closes for ‘foreseeable future’
Chef Selin Kiazim has announced the recently reopened Oklava Bakery and Wine in London’s Fitzrovia has closed for the “foreseeable future”. In an Instagram post, Kiazim said: “It is with great sadness that we share the news that Oklava Bakery + Wine has now closed for the foreseeable future. “Oklava…
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4 August
Pizza Express closes 67 sites
Pizza Express has announced that it could close up to 67 restaurants as part of a major restructuring plan, placing 1,100 jobs at risk. It comes as the group said it has reached an agreement with its secured creditors and majority shareholder, Hony Capital, for a recapitalisation and restructuring transaction…
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3 August
Eat Out to Help Out launches with 72,000 sites signed up
The government’s Eat Out to Help Out scheme officially launches today (3 August) with over 72,000 establishments signed up. Anyone visiting a participating restaurant, café or pub on Mondays, Tuesdays and Wednesdays throughout August will receive the half price discount. The scheme – part of the government’s ‘Plan for Jobs’…
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3 August
Casual Dining Group rebrands following takeover
The Casual Dining Group (CDG) has rebranded as The Big Table, following its acquisition by private equity firm Epiris. A new business formed by the firm has successfully concluded a deal to take control of the Las Iguanas, Bella Italia and Café Rouge chains, alongside their existing management team led…
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3 August
BBPA welcomes Welsh government reopening announcement
The British Beer and Pub Association (BBPA) has welcomed the Welsh government “finally” confirming that all pubs can reopen in Wales, both indoors and outdoors. In an announcement, the first minister Mark Drakeford, said pubs in Wales would be able to reopen indoors from today (3 August). Previously, pubs in…
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1 August
Casual Dining Group falls into administration
The owner of Bella Italia and Café Rouge, Casual Dining Group, has fallen into administration. According to a report by the BBC, almost 1,900 of the group’s 6,000 strong workforce have been made redundant, with 91 sites closing their doors for good. The BBC said AlixPartners, the appointed administrators, will…
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