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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Oct- 2018 -12 October
Patisserie Valerie saved from collapse with £20m rescue plan
Crisis-hit cafe chain Patisserie Valerie has been saved from collapse after entrepreneur Luke Johnson offered the company a rescue plan with two loans of up to £20m. Johnson, who owns a 37% stake in the company, has committed to a bridging loan of up to £10m to help the company…
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12 October
Mustard restaurant to relaunch as Le Petit Citron
Brook Green restaurant, Mustard, is to relaunch as Le Petit Citron on 9 November, the former British brasserie will become a French bistro. The restaurant will serve a classic French menu alongside drinks such as Lillet martinis, Cassis and Lavender gin and tonics as well as Kir Framboises. Dishes served…
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12 October
Calorie cap introduced for some restaurant dishes
Public Health England is set to announce calorie caps for certain restaurant dishes, the cap would see the limit for pies set at 695 calories and pizzas at 928 calories. Under the new measures Pizza Express would breach the regulations on all but four of it classic pizzas. With the…
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12 October
Gymkhana appoints Jitin Joshi as new executive chef
London-based Indian restaurant Gymkhana has announced the appointment of Jitin Joshi as its new executive chef. Joshi, originally from India, has worked internationally with a number notable chefs around the world, including London and Dubai. He trained at the Oberoi School in Delhi, before beginning his culinary career in Jaipur.…
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12 October
Patisserie Valerie chief finance director arrested
The chief finance director of embattled bakery chain Patisserie Valerie was arrested and has been released on bail, the company has confirmed. On Wednesday (10 October) the company announced it had suspended CFO Chris Marsh from his role as it investigated “potentially fraudulent” accounting irregularities. It later discovered that it…
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11 October
Patisserie Valerie warns of possible collapse
High street bakery Patisserie Valerie has warned that it could be forced to close unless it receives an “immediate injection of capital”. This news comes just a day after it temporarily suspended trading and suspended its CFO Chris Marsh from his role while it investigated “potentially fraudulent” accounts. The company…
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11 October
Bao to open site at London’s Borough Market
Taiwanese bun chain, Bao has announced it is to open a third site at London’s Borough Market. The site follows outlets in Soho and Fitzrovia, in serving all of the chains iconic dishes including its well-known blood cake with cured egg yolk, along with some new dishes. The restaurant will…
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11 October
Wine and spirit sales in UK pubs reach almost £6bn
New research has found that wine and spirit sales in UK pubs has reached almost £6bn with the beverages making up 36% of all Uk pub sales. The research by CGA Strategy on the behalf of the Wine and Spirit Trade association also found that spirits and wine made up…
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11 October
Deltic ‘surprise’ as Revolution walks away from acquisition deal
Bar and nightclub operator Deltic Group has expressed its “surprise” at the announcement that Revolution Bars Group would be terminating discussions to acquire the company. On 7 September 2018, it was confirmed that Revolution Bars Group was in the “preliminary stages” of considering an acquisition of the rival nightclub operator…
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11 October
Vegan restaurant By Chloe releases cannabis-infused dessert menu
Plant-based restaurant chain By Chloe has announced it will be launching its CBD-infused “FEELZ” menu on 15 October. FEELZ is a limited edition product range which includes brownies, cupcakes, cookies and more. In an attempt to be dog-friendly, the restaurant will also offer CDB peanut butter bone for dogs. By…
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