Food and Drink
The latest news and updates on food, 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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Aug- 2022 -8 August
Foodservice inflation hits 11.5% in June
Inflation in the foodservice sector hit 11.5% in June, marking the fifth consecutive month of double-digit percentage inflation, according to…
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3 August
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has written down the value of its US subsidiary Grubhub by €3.5bn (£2.9bn), a year after it purchased…
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Jul- 2022 -28 July
Food and drink industry administrations surge 60% in H1
The number of administrations filed for businesses in the food and drink industry surged 60% year-on-year between 1 January and…
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26 July
Compass Group raises forecast amid post-pandemic recovery
The Compass Group has increased its FY22 organic revenue growth guidance from 30% to 35%, due to a “significant acceleration”…
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21 July
D&D London launches catered event space at Tower Bridge
D&D London has announced the launch of Blueprint Event Space, a permanent venue for D&D’s outside event’s arm – Alexander…
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18 July
James Cochran opens new Valderrama bar
James Cochran has officially opened doors to the new Valderrama sports bar, a 48-cover venue which includes an outdoor terrace…
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18 July
Deliveroo lowers FY22 guidance amid consumer headwinds
Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious”…
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15 July
Foodservice inflation hits double digits for fourth month in a row
Inflation in the foodservice sector topped 10% for the fourth successive month in May, according to the new edition of…
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14 July
Levy UK+I extends contract with The O2 arena
Levy UK and Ireland (UK+I), the sports and hospitality division of Compass Group UK and Ireland, has announced a five-year…
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7 July
I am Döner signs UK multi-site franchise deal
I am Döner, a kebab brand backed by Think Hospitality, has signed a multi-site franchise deal to take the brand…
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