Hospitality sweethearts 14 February 2020 The couples who make working together and living together a love story
In this week's issue...Hospitality sweethearts The couples who make working together and living together a love story
Read More
Search
The Caterer

Compass arm in multimillion-pound deal at Bank of England

13 December 2007 by
Compass arm in multimillion-pound deal at Bank of England

Compass Group‘s fine-dining arm Restaurant Associates (RA) will be feeding Bank of England governor Mervyn King after landing a multimillion-pound catering contract at the institution, Caterer can reveal.

RA beat a host of competitors to seal the deal to run staff feeding, deli and coffee bars, vending and hospitality at the Bank of England estate.

This includes the bank's headquarters in Threadneedle Street in the City, the printing works in Loughton, Essex, and a social club in Roehampton. It also covers the Parlours, a series of restricted-access rooms within the bank where King and his fellow executives take crucial decisions about the UK economy, and dine.

Threadneedle Street and the printing works were previously run by Elior, while Searcy handled the catering at Roehampton.

Although no official contract value was revealed, it is believed annual turnover is upwards of £3m, with the contract for three years with an opportunity to extend.

The positive news was tempered, however, as RA lost the catering deal at advertising agency JWT - which counts Ford, Vodafone and HSBC among its clients - to former Caterer Adopted Business Harbour & Jones.

The boutique caterer will provide hospitality services and staff feeding and run a licensed bar as well as holding events on JWT's roof garden at its London office in Knightsbridge. It will commence the £1m annual turnover contract in February, initially for three years with the possibility of an extension.

Patrick Harbour, co-founder of Harbour & Jones, said: "We're very excited, as there's scope to make a big impact here, as what had been left was rather fallow fields."

Cousins delighted with Compass's progress >>

Compass retains Goodwood but loses Pfizer deal >>

Compass retains Chelsea FC catering deal >>

Read more news on contract catering here >>

By Chris Druce

E-mail your comments to Chris Druce here.

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newswire For the latest hospitality news, sign up for our e-mail news alerts.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!