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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Jun- 2020 -24 June
Hospitality industry welcomes 4 July reopening confirmation
The hospitality sector has welcomed the confirmation that the industry will be able to start reopening from the 4 July – as well as the relaxation of the two-metre social distancing rule. Yesterday, the PM said the existing guidance on two metres’ social distancing “prevents all but a fraction of…
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24 June
145 million additional pints to be sold with one-metre rule
Following the government’s announcement that social distancing is to be reduced to one-metre, CGA has calculated the precise sales boost this could give hospitality. According to the data group, the move would allow for 145 million additional pints of beer to be sold through the hospitality sector, compared with what…
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23 June
Pret a Manger: job cut fears grow amid sliding sales
There are reportedly growing fears of imminent job cuts at sandwich shop chain Pret a Manger after a leaked video revealed a significant drop in sales. According to BBC News, a video has been leaked showing Pret boss Pano Christou telling staff that an announcement would be made about the…
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23 June
PM confirms 4 July reopening for hospitality
Boris Johnson has confirmed the 4 July as the reopening date for hospitality and has also announced a reduction in the two-metre social distancing rule. In a speech in parliament this afternoon, the PM said the existing guidance on two metres’ social distancing “prevents all but a fraction of [the…
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23 June
Soho House secures $100m in equity funding
Soho House has reportedly secured an additional $100m (£80.2m) to help it see out the impact of the coronavirus pandemic which has seen the closure of its restaurants and member clubs. According to Sky News, Soho’s biggest investor, American millionaire Ron Burkle, has formed a group of new and existing…
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23 June
Eviction moratorium for hospitality must be extended, says Blick Rothenberg
Tax and advisory firm Blick Rothenberg urged the chancellor of the Exchequer Rishi Sunak to extend his moratorium on evictions into 2021. Mark Hart, a partner at the firm, said many businesses will “struggle with payments” this month, and that this is the first rent quarter since lockdown began with…
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23 June
The Ivy Chelsea to reopen on 4 July
The Ivy Collection has announced the reopening of the first of its restaurants within the group, The Ivy Chelsea Garden, on 4 July, on the basis that the government lifts its existing restrictions on its two-metre social distancing guidelines. The restaurant said whilst service “remains a priority”, it will be…
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23 June
Star Pubs and Bars reveals £250k investment package
Star Pubs and Bars has announced it is investing in a “comprehensive” reopening support package for its 2,500 pubs. The package includes a £250,000 investment into point-of-sale safety materials, with a free pack available to every licensee. The latest investment adds to Star Pubs and Bars’ £21m investment in rent…
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22 June
Edinburgh’s Tower Restaurant to close
The Tower Restaurant, located on top of the Museum of Scotland in Edinburgh, is to close permanently. The restaurant said that in the light of the “many problems caused by the Covid-19 pandemic” it has made the “difficult decision” to close The Tower. In a statement posted on its website,…
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22 June
Chancellor mulls VAT cut but could follow up with autumn tax rises
Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with a set of Autumn tax rises. According to the Financial Times, Sunak is planning deferred tax rises and cuts to public spending in his autumn Budget as a…
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