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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Dec- 2023 -6 December
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants…
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6 December
SSP Group revenues hit £3bn in FY23
SSP Group revenues rose 38% to £3bn for the full year ended 30 September, as EBITDA doubled to £280m compared…
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5 December
Today’s news in brief – 05/12/23
Marston’s swung to a £30.7m loss despite revenues rising 9.1% to £872.3m, due to interest rate hikes and property valuations.…
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5 December
Red Oak Taverns confirms debt refinancing
Red Oak Taverns, the independent pub company, has revealed it has refinanced its debt with Oaknorth Bank OakNorth previously financed…
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5 December
Relais & Châteaux chefs pledge to stop serving eel
Relais and Châteaux’s World Culinary Council have voted to immediately remove eel from its own menus, as the fish is…
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5 December
Labour shortages to worsen with new immigration plan, says UKH
Labour shortages in the hospitality sector are set to worsen as a result of the Government’s new immigration plans according…
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5 December
Marston’s falls to £20.7m loss despite strong revenues
Pub chain Marston’s has fallen to a £20.7m loss despite reporting a 9.1% increase in revenues to £872.3m for the…
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4 December
Today’s news in brief – 04/12/23
The week ending 25 November saw a 5% decline in drinks sales year-on-year, compared to last year’s World Cup period.…
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4 December
Brakspear makes two senior promotions
Pub operator Brakspear has made changes to its senior management team with promotions for two of its top executives. Property…
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4 December
Drinks sales fall 5% on tough comparatives, says CGA
Drinks sales were down by 5% year-on-year in the week ended 25 November as a result of tough comparatives with…
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