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- 2024 -19 December
Chopstix to place 100 neurodiverse people into work by 2027
Chopstix has launched an employment initiative to place 100 neurodiverse young people into work in the Chopstix estate by 2027. The chain has partnered with not-for-profit organisations DFN Project Search and Mencap, and London South East Colleges, to support internships for young people with learning difficulties. This latest announcement is…
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19 December
Blanchflower to open new site in Trafford Centre
Local independent brand Blanchflower will open a new café focusing on coffee and baked goods, next February in a 400 sq ft location in Trafford Centre. Founded by Phil and Claire Howells, Blanchflower is a family-business with sites in Sale and Altrincham, and will open its third location at Trafford…
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19 December
Stonegate Group invests £100m across estate in 2024
Stonegate Group has invested more than £100m in 2024 to “enhance” its estate, including major refurbishments as well as new concept launches.As part of its overall investment activity, the company invested more than £17m in its Pub Partners estate to support publicans in creating “thriving local pubs” in 2024. Significant…
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18 December
Today’s news in brief – 18/12/24
Azzurri Group has seen profits rise from £21.3m to £41.9m in FY24, amid a year of “strong financial performance and transactional strategic progress. The Zizzi owner reported that revenues rose by 185 to £303.1m, while EBITDA more than doubled to £32.1m. It also acquired the UK&I master franchise rights for…
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18 December
Hospitality insolvencies fall 24% YOY in October
Insolvencies in the accommodation and food services sector were down 24% to 253 in October 2024, down from 332 in October 2023. In addition, insolvencies in the sector saw another month-on-month decrease from 261 in September 2024 to 253 October 2024. Saxon Moseley, partner and head of leisure and hospitality…
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18 December
Inflation hits eight-month high of 2.6% in November
Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous month, marking the highest level of inflation in eight months. According to the Office for National Statistics, the main drivers behind the rise were fuel and clothing, where prices rose this…
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18 December
Azzurri Group profits double to £42m in FY24
Azzurri Group, the operator of ASK Italian, Zizzi and Coco di Mama, has seen profits rise from £21.3m to £41.9m in its full-year results, amid a year of “strong financial performance and transformational strategic progress”.In the year ended 30 June, 2024, revenues rose by 18% to £303.1m, up from £257.8m…
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18 December
Hospitality sales rise 2.7% ahead of Xmas celebrations
Hospitality groups recorded year-on-year sales growth of 2.7% in November 2024, according to CGA and RSM’s latest Hospitality Business Tracker. The like-for-like figure last month was found to be “marginally” above Britain’s rate of inflation as measured by the Consumer Price Index, and marks the first real-terms growth since June. …
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17 December
Today’s news in brief – 17/12/24
Sales of pints in December could generate turnover of around £1.4bn, says the BBPA. This comes as the association believes that almost 300 million pints could be sold in pubs in December. As a result, the beer and pub sector is expected to pour a total of £3.3bn in GVA…
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17 December
Xmas pint sales to generate £1.4bn, BBPA finds
Sales of pints in December could generate turnover of around £1.4bn, according to data from the British Beer and Pubs Association (BBPA). This comes as almost 300 million pints could be sold in pubs in December, with the beer and pub sector expected to pour a total of £3.3bn in…
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