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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Apr- 2020 -3 April
Chancellor unveils new measures to SME loan scheme
Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the Coronavirus Business Interruption Loan Scheme (CBILS) was aimed at businesses unable to secure regular commercial financing as the virus took its toll on the UK’s economy. However, according to Sky…
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3 April
Wahaca launches online platform
Wahaca has announced the launch of Wahaca At Home, a new online platform for families amid the ongoing coronavirus lockdown. Wahaca At Home will offer an “ongoing content series” of recipes, cocktail ideas, playlists, company news and activity ideas for families. In a statement, the Mexican food chain said: “In…
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3 April
Domino’s appoints Neil Smith as interim CFO
Domino’s Pizza Group has announced the appointment of Neil Smith as in interim chief financial officer with effect from 15 April 2020. Smith most recently served as the CFO of Ei Group (formerly Enterprise Inns) from 2011 until its recent takeover by Stonegate Pub Company. He has also held senior…
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2 April
Chancellor set to announce overhaul to SME loan scheme
Chancellor Rishi Sunak is reportedly set to announce an overhaul to the SME loan scheme that will allow companies to access help quicker. According to Sky News, Sunak and members of the Treasury were reportedly in talks with major lenders, including Barclays, HSBC, Lloyds Banking Group and Royal Bank of…
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2 April
Sandpiper terminates purchase of The Guernsey Pub Company
Property development company Sandpiper has announced that its intended acquisition of The Guernsey Pub Company has now been “terminated”. The board of directors of Sandpiper said that due to the effects of Covid-19 to date and the “uncertainty surrounding its future effects”, it has been unable to fulfil the conditions…
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2 April
Hospitality crisis support hub launched by HOSPA to collate offers of help
HOSPA, the Hospitality Professionals Association, has launched a hospitality crisis support hub, which aims to highlight businesses looking to offer help during the ongoing coronavirus crisis. The services offered, be that offered gratis, or at greatly reduced cost, will aim to help hospitality businesses continue to operate. HOSPA said the…
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2 April
Shepherd Neame creates hand sanitiser for frontline workers
Shepherd Neame announced that it is partnering with Copper Rivet Distillery to create hand sanitiser for emergency services and frontline workers. The brewery and pub operator has begun brewing ‘clean beer’ for the initiative, which is around 10% ABV. No hops will be used to ensure it is aroma and…
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2 April
Wagamama launches ‘Wok From Home’ cookery guide amid Covid-19 virus outbreak
Wagamama has announced the launch of its home cookery guide, ‘Wok From Home’, amid the coronavirus outbreak. Since the lockdown and tightened restrictions to combat Covid-19, restaurants were told to temporarily close its doors, resulting in Wagamama launching its ‘Wok From Home’ guide, which includes Asian cookery lessons presented by…
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1 April
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. The group predicted that the closures would take place within the next four weeks despite government support measures, as the pandemic continues to unfold and affect retail. The network, which…
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1 April
Loughborough restaurant badly damaged as blaze erupts from kitchen
Loughborough-based Lebanese and Moroccan restaurant, Tarboush, has been badly damaged after a fire started in its kitchen yesterday (31 March). The restaurant, which was open for delivery orders after government advice to close restaurants to prevent the spread of the coronavirus, was preparing orders as the blaze bagan at 4pm…
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