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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Nov- 2024 -13 November
Fuller’s PBT jumps 21% to £17.6m in H1
Fuller’s has reported that adjusted profit before tax jumped by 21% to £17.6m for the half year to 28 September, as like-for-like sales in its managed pubs and hotels rose by 5.2% during the period. While statutory profits before tax hit £29m during the period, this significant increase was attributed…
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13 November
Excel London to open Waterfront Street Kitchen and Bar
Excel London has announced the opening of Waterfront Street Kitchen and Bar, a food destination offering an all-day dining experience at Immerse LDN, London’s newest immersive entertainment district. As Excel’s strategic food and beverage partner, Levy and its design and build arm, Benchmark, worked closely with the Excel team to…
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12 November
Today’s news in brief – 12/11/24
Various Eateries expects its group revenues to beat expectations at £50.5m for the full year to 29 September, despite like-for-like sales declining by 1% by year-end. The operator of Coppa Club and Noci revealed that the elevated group revenues generated a small positive adjusted EBITDA, which was also slightly ahead…
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12 November
Hull College unveils newly refurbished training restaurant, Bilocca
Hull College has unveiled its newly refurbished training restaurant, Bilocca, with two successful launch events last week. Bilocca will serve as a training ground for talented students from the college’s Catering and Hospitality courses, offering them an opportunity to gain real-world industry experience under the expert guidance of knowledgeable tutors.…
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12 November
Paul UK unveils new franchise partner
French bakery and café chain Paul UK has announced Zaf Holdings Limited (ZHL) as its newest franchise partner in the UK. ZHL will open 10 stores over the next five years, bringing the Paul brand to key locations in the Southeast of England. The first store is targeted to open…
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12 November
Searcys officially opens events venue at 41 Portland Place
Restaurateur and events caterer, Searcys, has announced the official opening of 41 Portland Place following a major refurbishment, adding to its portfolio of brasseries, bars and event spaces located across London. A Grade II-listed Georgian townhouse in Marylebone, 41 Portland Place boasts eight bright and airy versatile event spaces, including…
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12 November
Various Eateries group revenues to beat expectations at £50.5m
Various Eateries expects its group revenues to be slightly ahead of market expectation at £50.5m for the full year to 29 September, a rise from £45.5m recorded last year, despite like-for-like sales declining by 1% by year-end. The operator of Coppa Club and Noci revealed that the elevated group revenues…
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11 November
Today’s news in brief – 11/11/24
UKH with the support of industry bosses have warned of the effects of the autumn budget, saying that it will cause small business closures, job losses and reduced investment in the sector. UKH boss Kate Nicholls was supported by the likes of Fuller’s, Stonegate Group and Whitbread, as well as…
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11 November
The Revel Collective reveals new board structure
The Revel Collective has outlined its new board structure, as non-executive directors Jemima Bird and William Tuffy will not seek re-election at the bar group’s annual general meeting scheduled for 3 December. News comes as The Revel Collective completed its recent equity fundraise and the restructuring plan. Following the AGM,…
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11 November
Kin Restaurant to open in Fitzrovia
Reza and Mohammed Malekzadeh, co-founders of the daytime veg-forward Kin Café in Fitzrovia, have acquired Cin Cin restaurant on Foley Street to open a full-service restaurant with an expanded menu. This will be the cousins’ fifth site with Kin Restaurant and Kin Café joining the three-strong Persian restaurants, Naroon, which…
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