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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Dec- 2019 -13 December
The election is over – time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020. Boris Johnson’s victory in the election is the Tories’ strongest since the Thatcher era, and gives him great scope to implement bold policies. At this juncture it’s worth taking a look…
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13 December
Restaurant owner fined for ‘breaching’ duty of care
A restaurant owner from Bury St Edmunds has been fined after admitting breaching a duty of care which led to his waste being fly tipped, West Suffolk Council has said. Nurul Alam who owns the Spice Garden in Risbygate Street admitted a charge of breaching his duty of care when…
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13 December
TGI Friday’s reports rise in sales
Restaurant, TGI Friday’s has reported 12-month-growth resulting in a 1.5% rise in like-for-like sales. The results for the year ending on 30 September, reported a 2.4% increase in sales, alongside a 0.5% rise in EBITDA to a total of £26.9m. The restaurant also reported a net debt of £47.4m as…
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13 December
Jamie Oliver’s Fifteen Cornwall closes
Jamie Oliver restaurant, Fifteen Cornwall, has announced it is to close its doors with immediate effect. The site was owned and operated by the Cornwall Food Foundation, despite its use of the Jamie Oliver group name. The outpost was one of the last remaining Jamie Oliver sites in the UK. …
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12 December
Spanish restaurant operator Ultracomida to open fourth site in Wales
The husband-and-wife team behind Spanish bar and restaurant group Ultracomida has announced plans to open a second site in Cardiff city centre. The independent boutique operators already run popular the pinxtos bar Curado and two Ultracomida deli-restaurants in the coastal towns of Narberth and Aberystwyth. The new venue in the…
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12 December
Fuller’s revenues and profits jump in half-year results
Pub and hotel operator Fuller’s has reported a 6% increase in revenues to £174.8m for the six months ended 28 September 2019. Profits also increased to £164.5m during the period, and the group benefited from the sale of the Fuller’s Beer Business. However, EBITDA decreased slightly to £30.2m, down from…
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12 December
Amazon’s Deliveroo deal poses ‘real risk’ to food delivery market
A proposed investment deal between Amazon and Deliveroo “raises serious competition concerns” for the UK’s online food delivery market, according to the Competition and Markets Authority (CMA). Earlier this year, Amazon announced plans for a “substantial investment” in Deliveroo, which would make the retail giant minority shareholders of the delivery…
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12 December
Elmbank Hotel appoints Mike Cummings as head chef
Cairn Group-owned Elmbank Hotel in York has appointed chef Mike Cummings to head up its kitchen. As head chef Cummings will run the kitchen serving Leetham’s Brasserie, which has undergone a refurbishment as part of the hotels £5m renovation. The restaurant aims to offer diners a “casual brasserie experience” serving…
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11 December
Naked Wines completes £95m Majestic Wine disposal
Naked Wines has confirmed it has completed the £95m sale of Majestic Wines to the US-based Fortress Investment Group. The deal will see Majestic Wine Warehouses Limited and Les Celliers de Calais S.A.S, which together comprise the Majestic retail and commercial business, keep all 190 stores open. Under its previous…
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11 December
The Breakfast Club appoints Charlie McVeigh as chairman
The Breakfast Club has appointed Draft House founder and chairman, Charlie McVeigh as chairman. The news of the appointment follows the restaurant reporting record sales and “positive” like-for-like growth for the year. It revealed the first seven months of the current financial year ended with £9.7m worth of sales, increased…
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