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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Apr- 2021 -13 April
Cake Box sees FY21 sales rise 14.7%
Cake Box, a cream cake retailer, saw like-for-like sales in its franchise stores increase 14.7% year-on-year for the 40 weeks…
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Mar- 2021 -31 March
Time Out Group set to launch £15m equity raise
Time Out Group is preparing to launch a £15m equity raise to assist the business’ return to “a stronger position”…
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31 March
Two in five licensed premises able to accommodate outdoor trading
Around two in five licensed premises will have some form of outdoor trading space when restrictions ease for venues on…
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29 March
VFC secures £2.5m seed funding
VFC Foods, a newly formed vegan fried chicken company, has secured £2.5m seed funding to support its domestic and international…
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26 March
Investors shy away from Deliveroo IPO amid wages report
A number of potential investors are reportedly shying away from investing in Deliveroo shares ahead of its stock exchange debut,…
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24 March
Amazon to reduce Deliveroo stake at IPO
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus. The fall represents…
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16 March
Greggs swings to £13.7m FY20 loss
Greggs has posted a £13.7m loss-before-tax for the 53 weeks ended 2 January 2021, down from profits of £108.3m in…
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12 March
Takeaway and delivery sales up 317% in Feb, CGA tracker finds
Sales of deliveries and takeaways from UK hospitality groups have more than tripled over the last 12 months, according to…
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10 March
Langham Hospitality Group appoints new F&B director
Langham Hospitality Group has announced the appointment of Chris King as its new director of food and beverage. King began…
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10 March
Just Eat sees 2020 revenues soar 54%
Just Eat Takeaway.com (Just Eat) has revealed total group revenues of £2.06bn for the year ended 31 December 2020, a…
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