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- 2024 -24 October
New all-day restaurant Silva to open in Mayfair
New all-day restaurant Silva has announced that it is set to open in Mayfair in November. Serving breakfast/brunch, lunch and dinner, Silva boasts 91 covers across two floors and an outside terrace. The restaurant is joined on the first floor by a snug bar and a private dining room, ‘The…
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24 October
McDonald’s UK extends Uber Direct partnership
McDonald’s UK and Ireland has extended its partnership with Uber Direct, Uber’s white-label delivery solution, as it aims to increase the number of customers using its mobile app. Uber Direct, which utilises the UberEats courier network, will be a critical UK partner as McDonald’s aims to continue growing delivery orders…
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24 October
Hospitality groups see sales rise 1.7% in September
British hospitality groups recorded a year-on-year sales rise of 1.7% in September, according to CGA RSM’s latest Hospitality Business Tracker. This means that managed venues have achieved like-for-like increases in eight of the nine months to September 2024. Following recent below-inflation growth of 1.5% in July and 1.3% in August,…
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24 October
UKH appointed sole business voice to Covid-19 inquiry
UKHospitality has been appointed a core participant in the Covid-19 Public Inquiry in London today (23 October 2024), as the preliminary hearing into the economic response to the pandemic began. Chief executive Kate Nicholls and deputy chief executive Allen Simpson were in attendance as the sole private sector representatives at…
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23 October
Today’s news in brief – 23/10/24
Starbucks has suspended its FY guidance for 2025 after Q4 revenues dipped 3% to $9.1bn, as a result of global sales falling 7% during the period. In light of this, newly-appointed CEO Brian Niccol said “it’s clear we need to fundamentally change our recent strategy”. The group’s Q4 performance was…
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23 October
Black Bear Burger to open in Camden
Black Bear Burger is set to open a new quick-service restaurant in Camden on Saturday 26 October. This marks the brand’s sixth location in London and will be a smaller, quick-service version of its Exmouth Market and Brixton locations. The venue will be based inside of Boxpark Camden and will…
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23 October
Stonegate Group invests £1m in new concept Rita’s Beerhall and Ballroom
Stonegate Group has invested £1m in a new concept, Rita’s Beerhall and Ballroom, to open in Leeds. The investment has been used to transform the former Walkabout site in the city centre into a “beerhall for cocktail lovers”. The aim is to make the venue popular for its seven day…
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23 October
Over 75% of hospitality workers ‘unconcerned’ about job automation
A recent report undertaken by YouGov has found that three quarters of hospitality workers in the UK (76%) are unconcerned about their jobs being automated in the future. The Feedback from the Field report of frontline employees and managers, which is commissioned by global technology company SafetyCulture, paints a picture…
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23 October
Starbucks suspends FY guidance as Q4 revenues fall 3% to $9.1bn
Starbucks has decided to suspend its financial guidance for 2025, as consolidated net revenues dipped 3% to $9.1bn (£7bn) during the fourth quarter due to global sales falling 7% during the period. In light of the group’s recent performance, newly-appointed CEO Brian Niccol has said “it’s clear we need to fundamentally…
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22 October
Today’s news in brief – 22/10/24
The Revel Collective has seen its FY losses before tax widen to £36.7m. The group said that the result was mainly due to non-cash exceptional impairment charges from its restructuring plan. Despite strong festive trading and the annualisation of the acquisition of Peach Pubs, the closure of 13 loss-making bars…
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