Restaurants
The Restaurants section on Catering Today delivers comprehensive coverage of the UK restaurant industry, from independent operators to national chains. It reports on business performance, openings, acquisitions, and leadership changes, alongside analysis of market trends, menu innovation, and consumer behaviour. With insight into finance, operations, technology, and sustainability, Catering Today provides hospitality professionals with the intelligence and updates shaping commercial strategy across the UK dining landscape.
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Aug- 2020 -6 August
Franca Manca owner completes £2.25m equity raise
The owner of Franca Manca, Fulham Shore, has announced it completed a £2.25m equity raise and has also entered into a new £10.75m debt facility and agreed new terms for its existing £15m banking facilities. The group, which also owns the Real Greek Restaurants brand, said the funds have improved…
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6 August
Yo Sushi eyes CVA
Yo Sushi has reportedly drafted in Deloitte in a bid to negotiate rent concessions with landlords and secure a potential CVA, Sky News has reported. While the sushi chain has not yet made a formal decision to proceed with a CVA, sources told Sky that the group would have “little…
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5 August
CMA clears Amazon’s Deliveroo investment
The Competition and Markets Authority (CMA) has approved Amazon’s 16% investment in Deliveroo, after finding that it will not “substantially lessen competition”. Under the deal, Amazon will acquire 16% of Deliveroo as the lead investor in a $575m (£438m) funding, which was first announced last year. At that point the…
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4 August
Fitzrovia‘s Oklava Bakery + Wine closes for ‘foreseeable future’
Chef Selin Kiazim has announced the recently reopened Oklava Bakery and Wine in London’s Fitzrovia has closed for the “foreseeable future”. In an Instagram post, Kiazim said: “It is with great sadness that we share the news that Oklava Bakery + Wine has now closed for the foreseeable future. “Oklava…
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4 August
Pizza Express closes 67 sites
Pizza Express has announced that it could close up to 67 restaurants as part of a major restructuring plan, placing 1,100 jobs at risk. It comes as the group said it has reached an agreement with its secured creditors and majority shareholder, Hony Capital, for a recapitalisation and restructuring transaction…
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3 August
Casual Dining Group rebrands following takeover
The Casual Dining Group (CDG) has rebranded as The Big Table, following its acquisition by private equity firm Epiris. A new business formed by the firm has successfully concluded a deal to take control of the Las Iguanas, Bella Italia and Café Rouge chains, alongside their existing management team led…
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Jul- 2020 -31 July
The Box Kitchen & Bar to launch with head chef Nat Tallents
The Box Kitchen and Bar in Plymouth is set to open with MasterChef: The Professionals contestant and National Chef of the Year 2020 semi-finalist, Nat Tallents, set to be at the helm of the kitchen. Having postponed its original May 2020 opening date due to the Covid-19 pandemic, the new…
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30 July
Rick Stein’s Marlborough restaurant saved amid 25% rent reduction
The Rick Stein Marlborough restaurant has been saved from closure after the landlord came forward and agreed a 25% reduction in rent to save the business. In June 2020, it was announced that the restaurant would be forced to close its doors permanently, due to the increased financial strain during…
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29 July
McDonald’s sales plunge 30% despite US resilience
McDonald’s has revealed that sales plunged by 30% to $3.76bn (£2.89bn) during the second quarter of the year. As a result, the global restaurant chain said that the fall in sales led to net income also falling by 68% to $483.3m (£372m). Despite the fall, McDonald’s said global comparable sales…
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28 July
The Black Swan at Oldstead claims top spot in Tripadvisor awards
The Black Swan at Oldstead has been named the number one restaurant in the UK, according to Tripadvisor’s 2020 Travellers’ Choice. The only other UK restaurant to make the world top 10 in the same category was Heston Blumenthal’s restaurant The Fat Duck in Bray (ranked #10). The awards celebrate…
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