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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Feb- 2025 -6 February
Di Maggio Restaurants eyes expansion as FY turnover hits £49.5m
Di Maggio Restaurants Group (DRG), the operator of 11 French and Italian hospitality concepts, is looking to acquire further sites to expand the business as the group’s turnover rose 7.8% to £49.5m in the year to 28 April 2024. The Glasgow-based operator also revealed that its operating profit before exceptional…
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4 February
Various Eateries revenues rise 9% to £49.5m in FY24
Hospitality group Various Eateries has reported a revenue uplift of 9% to £49.5m in the year ended 29 September 2024, which was largely driven by new site openings. During the year, Various Eateries also managed to hit adjusted EBITDA profits of £0.3m – up from a loss of £2.2m a…
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3 February
Glasgow sees highest volume of F&B deals in 2024
Glasgow city centre saw the highest volume of F&B transactions for over six years in 2024 with over 34 new openings, signifying a 25% rise on the year before, according to Savills. Of those 34 openings, almost 90% were local independent operators. This is a marked change since 2023, when…
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Jan- 2025 -31 January
Brother Marcus and Hagen to open new sites in Canary Wharf
Brother Marcus and Hagen are set to open new F&B sites at YY London, a newly refurbished 415,000 sq ft Canary Wharf office building. Brother Marcus, London’s Eastern Mediterranean restaurant group, founded by duo Tas Gaitanos and Alex Large, is bringing its brunch, mezze, cocktails and Eastern Med wines to…
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31 January
Loungers agrees to £354.4m Fortress takeover deal
Loungers has revealed that 94% of its shareholders have voted in favour of accepting Fortress Investment Group’s £354.4m takeover bid. News comes after Fortress submitted a revised deal after its first attempt of 310p a share was opposed by Loungers shareholders. The revised deal of 325p implies an enterprise value…
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30 January
TGI Fridays closes Leicester Square flagship
TGI Fridays has confirmed that it has closed its flagship venue in London’s Leicester Square. The casual-dining restaurant had opened the landmark venue in 2015 following a multi-million pound investment. A spokesperson for TGI Fridays said: “Our Leicester Square restaurant closed earlier this month. This was a mutual planned closure…
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27 January
Six by Nico opens bookings ahead of Bristol opening in February
Scottish restaurant group Six by Nico, the experiential dining experience set to bring its affordable six-course tasting experiences to the city of Bristol, has opened bookings for its opening on 17 February with its first menu The Chippie. The Chippie, inspired by Nico Simeone’s personal family heritage, offers his “creative…
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27 January
Tasty expects drop in FY24 sales amid challenging H2
Tasty, the owner and operator of restaurants in the casual dining sector, has announced that it expects to report total sales of £36.6m, down from £46.9m, and adjusted EBITDA of £3.8m in FY24, amid “challenging” trading during the second half of the year. According to the group, although the group’s…
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24 January
The Priory Caerleon unveils new restaurant look following refurb
The Priory Caerleon in South Wales has unveiled a new look for its 100-cover restaurant following a transformative refurbishment. With a history dating back to 1180, The Priory has established itself as a destination restaurant and hotel in the region. The redesign represents a new chapter for The Priory: the…
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23 January
Simpsons up for sale as Andreas Antona announces retirement
Simpsons restaurant in Birmingham has been put up for sale for a leasehold price of £850,000 as owner Andreas Antona has announced his retirement. Antona stated that the sale would allow him to spend more time with his family and on other projects. He will continue to oversee the Cross…
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