News
The latest industry news from the business journalists at Catering Today. We bring you the latest on whatโs 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
35 of the UKโs Top 100 restaurant groups are loss making
35 of the UKโs 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 Londonโs 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 ร Terre. The new eatery, called Bancone, will focus on fresh pasta and is…
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19 March
Freemasonsโ 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, Freemasonsโ Hall. Having recently hosted at the venue to 600 guests at the Flight Centreโs Winter Ball, Bubbleโs 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) ย 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 ยฃ30m 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 ยฃ30m 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 Adzunaโs 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 ยฃ6bn
Overseas Scottish food and drink exports were worth approximately ยฃ6 billion in 2017 – almost ยฃ570 million more than 2016. Food exports were valued at about ยฃ1.6 billion โ a rise of 15% (ยฃ214 million) during the same period. Exports of food to Europe were worth ยฃ1.1 ย billion after an…
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16 March
More sustainable fish need to be eaten, UK is told
UK consumers are told to replace staple fish dishes of cod and tuna with more sustainable fish. Dab, hake, mussels, mackerel and herring, are all among the fish suggested by the Marine Conservations Society (MCS). MCS has updated its online Good Fish Guide with some new additions to its green…
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16 March
Deliveroo unveils new street food pop-up concept
Deliverooโs Editions has launched a new pop ups programme to help street-food brands reach new customers, grow the business and potentially become a permanent presence on Deliveroo Editions. Deliveroo Editions are delivery-only kitchen hubs set up in different areas across the UK, which allow chefs or restaurants to introduce themselves…
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