All MCA Insight articles in August 2020 – Page 9
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News
Football concept TOCA Social secures flagship London site
Football competitive socialising concept TOCA Social is set to open its flagship site in London next year.
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Analysis & Insight
Three in four hospitality businesses at risk of insolvency
More than three quarters of hospitality businesses are at risk of insolvency within the next 12 months, UK Hospitality has revealed.
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News
CMA clears Amazon/Deliveroo deal
The Competition and Markets Authority has cleared Amazon’s 16% investment in Deliveroo.
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News
Pizza Express to close 15% of estate in restructuring
Pizza Express has today announced that it is to undergo a financial and operational restructuring, which could see the permanent closure of 15% of its estate.
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News
Kate Nicholls: “The UK needs to get used to sudden lockdowns”
The sudden introduction of restrictive measures in Greater Manchester at the weekend was chaotic, but could turn out to be a good thing if the result of the Leicester-lockdown is anything to go by, UK Hospitality CEO Kate Nicholls has told MCA. Speaking at MCA’s virtual event The Conversation, Nicholls said the rushed announcement meant initially there was “great confusion about what the rules meant, great uncertainty for a lot of customers, and it took quite a long time to get the details of what people were allowed to do in pubs and bars and what they were allowed to do outdoors.”
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News
Pizza Pilgrims non-exec Ian Edward: “No right or wrong” way to utilise Eat Out to Help Out
The Eat Out to Help Out scheme may play to the advantage of larger restaurant brands, but businesses are within their rights to do what they must to survive, Pizza Pilgrims non-executive director Ian Edward has said.
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News
Shelley Sandzer: Changing Use Classes is a game changer on one hand. But on the other…
On the face of it, the amendment to the Town & Country Town Planning Act, Use Classes 2020, is a very positive step by the government. A radical overhaul of an outdated system possibly. It will group all forms of retail, business and service based premises in one category, seemingly making the system simpler and permitting movement between the use class without needing planning consent. This business category does exclude the more contentious uses such as pubs, clubs and fast food takeaways, moving them into a sui generis use class.
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News
CACI warns of lasting impacts on consumer behaviour
CACI has released a report into what it describes as the “new consumer reality” and the impact the coronavirus will have on destinations, landlords, brands and operators throughout 2020 and beyond. It identifies four key consumer trends seen throughout July. It says mobility is well below pre-lockdown levels, currently at an average of 62%, which is up from low of 32%. In terms of how that is split between city centres and more rural areas, city centres are pegged well down at 30% due to a combination of a lack of workers, tourists and shoppers.
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News
Minister confirms there are ‘no plans’ to shut pubs and restaurants in trade-off with school reopenings
Restaurants and pubs will not be required to close again when schools reopen in September, the Housing Secretary has confirmed.
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News
Over 72,000 businesses sign up to Eat Out to Help Out scheme
More than 72,000 businesses have signed up to the government’s Eat Out to Help Out scheme, which launches today.
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News
Itsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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News
Byron to shed 31 sites following acquisition
Byron will continue to trade from 20 of its 51 restaurants following its acquisition by investment company Calveton.
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News
Dishoom removes £10 Eat Out to Help Out cap
Indian restaurant concept Dishoom has signed up to the Eat Out to Help Out scheme, and will be removing the discount limit.
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News
Epiris completes CDG acquisition, rebrands as The Big Table
Private equity firm Epiris has completed a deal to acquire Casual Dining Group.