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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Mar- 2018 -20 March
Jamie Oliver refutes claims restaurant CEO is ‘an incompetent failure’
Celebrity chef Jamie Oliver has denied claims that his brother-in-law and CEO is ‘a bully’ and ‘incompetent’. An article published in The Times, stated that an insider had informed the paper that morale had collapsed since Hunt had been appointed and that he is ‘a bully who is destroying his…
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20 March
Conviviality CEO resigns amid £30m tax bombshell
Conviviality has announced its CEO Diana Hunter has stepped down with immediate effect as its struggles stay afloat following the late discovery of a £30m tax bill. In a statement the off-licence retailer said Hunter will remain with the company for a period to provide transition support, and non-executive chairman…
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20 March
35 of the UK’s Top 100 restaurant groups are loss making
35 of the UK’s Top 100 restaurant groups are now loss-making, up 75% from just 20 last year, new research shows. Chartered accountants, UHY Hacker Young, found that trading conditions have become increasingly difficult for restaurant chains dealing with oversaturation in the market as well as rising costs. Casualties include…
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19 March
Former Locanda Locatelli chef enlisted for new Italian restaurant
Louis Korovilas, a former chef at London’s Michelin-starred Locanda Locatelli, has taken on the head chef role at a new Italian restaurant in Covent Garden. Korovilas has also previously worked at the Michelin-starred French restaurant Pied à Terre. The new eatery, called Bancone, will focus on fresh pasta and is…
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19 March
Freemasons’ Hall announces Bubble as recommended supplier
Bubble has announced that it has been listed as a new recommended supplier for bespoke catering at Grade II listed venue, Freemasons’ Hall. Having recently hosted at the venue to 600 guests at the Flight Centre’s Winter Ball, Bubble’s product and services demonstrated at this high profile event helped the…
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19 March
Pubs face triple tax, states CAMRA
The Campaign for Real Ale (CAMRA) is calling for a new deal for pubs in response to fresh data which reveals 18 pubs are being lost each week. The consumer group says that urgent action is needed to cut the tax burden placed on pubs. Pubs are being hit hard…
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19 March
Organic food sector grows in Germany
A quarter (25%) of all food and drink products launched in Germany in 2017 carried organic claims, according to new data from Mintel Global New Products Database (GNPD) published today. Organic launches have grown steadily over the past ten years in Germany, with the number of launches growing almost fourfold…
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16 March
Conviviality considers equity fundraise following surprise £30m tax bill
Wine supplier Conviviality has said it was engaging with its advisers regarding the possibility of an equity fundraise to effect a recapitalisation of the business. The news comes after the company issued a profit warning following a statement saying it had found an unexpected £30m tax bill due at the…
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16 March
Hospitality apprentices are the most in demand, says Adzuna
With National Apprenticeship Week concluding last week (5 – 9 March), a study of over 8,600 apprenticeship positions by job search engine Adzuna revealed the types of apprenticeships most in demand. The study, which uses Adzuna’s live job market data, showed that there are currently 1,351 advertised hospitality and catering…
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16 March
Scottish food and drink exports reach £6bn
Overseas Scottish food and drink exports were worth approximately £6 billion in 2017 – almost £570 million more than 2016. Food exports were valued at about £1.6 billion – a rise of 15% (£214 million) during the same period. Exports of food to Europe were worth £1.1 billion after an…
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