News
The latest industry news from the business journalists at Catering Today. We bring you the latest on whatโs happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Oct- 2020 -12 October
PM unveils three-tiered lockdown system
Prime minister Boris Johnson this afternoon announced a new three-tier lockdown system that will see some hospitality businesses in the North-West forced to close from Wednesday. Under the new system, different rules for regions will be classified as being on โmediumโ, โhighโ or โvery highโ alert depending on the rate…
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12 October
Almost 50% of hospitality staff remain on furlough, study finds
Approximately 43% of the hospitality workforce remains on the governmentโs furlough scheme, according to new research from hospitality software provider Fourth.ย The latest joint study indicates that many hospitality workersโ jobs โhang in the balanceโ, and that nationwide footfall is falling again, despite the momentum generated by Augustโs Eat Out…
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12 October
Tim Hortons UK expansion will create 2000 new jobs
Tim Hortons reportedly has plans to expand across the UK and Ireland in a bid to โcapitaliseโ on the growing trend of drive-through dining.ย According to the BBC, the Canadian coffee chain said it hopes to open an outlet in “every major city and town” over the next two years.…
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12 October
CMA approves Carlsberg Marstonโs merger
A merger between Marstonโs Brewery and Carlsberg UK has been approved by the Competition and Markets Authority (CMA). Despite its greater valuation of ยฃ580 million to Carlsbergโs ยฃ200 million, Marstonโs will hold a 40% stake in the combined company.ย However, alongside the equity portion of the deal, Marstonโs will also…
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12 October
G-A-Y owner begins formal legal challenge against 10pm curfew
Jeremy Joseph, CEO of G-A-Y, has instructed barristers from Kings Chambers and Simpson Miller to challenge the governmentโs latest round of Covid-19 restrictions which are affecting the hospitality industry. The pre-action protocol has been served to specifically challenge the governmentโs decision to implement a 10pm curfew on hospitality premises, which…
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9 October
Gov to cover 67% of wages for firms forced to shut
Chancellor Rishi Sunak has announced that businesses forced to shut due to local restrictions will be eligible for a grant that pays two-thirds of staff salaries. The government will pay two-thirds, or 67%, of each employee’s salary, up to a maximum of ยฃ2,100 a month, if the business is forced…
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9 October
50% of hospitality staff feel their mental health is in decline
Half (50%) of hospitality professionals feel their mental health is worse than it was a year ago, according to the latest study by independent job board CV-Library. The job board surveyed 1,300 UK professionals in an effort to ascertain how the global pandemic has impacted the wellbeing of the nationโs…
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9 October
The Restaurant Group faces shareholder concerns
A new shareholder resolution at restaurant chain The Restaurant Group has passed but was met with resistance.ย The restricted share plan was ultimately approved by investors though over a third of shareholders voted against the proposal.ย Some 37% of those who voted were against the new pay package which qualifies…
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9 October
Hospitality sector demands ‘clarityโ amid closure rumours
Hospitality workers in the North of England are requesting clarity from UK government officials following news that restaurants and bars may have to close from Monday.ย According to Sky News, ministers are said to be still finalising a โtraffic light system planโ where different areas of England with the highest…
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9 October
Star Pubs & Bars invests ยฃ2.8m in rent reductions
Star Pubs & Bars has invested a further ยฃ2.8m investment in its rent concession programme throughout November for its leased and tenanted pubs. Further investment in the programme will be subject to review on a monthly basis from Star Pubs & Bars. The pub companyโs total investment in rent reductions…
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