All MCA Insight articles in December 2021 – Page 5
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News
Tim Martin: ‘Predictions for profits are hazardous’
JD Wetherspoon’s chairman Tim Martin has hit out at the government’s “radical changes of direction”, stating the implications of further restrictions could lead to a loss-making first half.
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News
Oakman Group: ‘We’ve had plenty of interest in share scheme’
The group is looking to raise £5m from its first public share offering, executive chairman Peter Borg-Neal has told MCA.
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Analysis & Insight
66% optimistic before Plan B
In a survey conducted before the new restrictions, two in three hospitality leaders were optimistic about the next 12 months for their business
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News
Treasury weighs up new support
Chancellor Rishi Sunak will increase the Treasury’s business support package again if pubs, bars and restaurants are ordered to close, The Times reports
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Analysis & Insight
Tube passengers down
The number of passengers on the London Underground yesterday morning was down 18% on last week as the new work from home rule had an immediate impact
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Opinion
Peter Martin: So what’s your Plan B?
If the latest Covid restrictions have taught us anything, it’s that we could all do with our own Plan B, C and potentially a whole raft of contingencies to keep our businesses running, Peter Martin writes
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News
Hostech returns in April
Pret A Manger, McDonald’s, KFC and Itsu will deliver some of the keynote sessions at technology-focussed conference Hostech, which returns on April 27
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Opinion
Recruitment: ‘There are spoils for the brave'
The funnel by which candidates are viewed may have got smaller, but smart operators know great people are key to success, writes Daniel Cornwell, managing director, SPE Resourcing
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News
Red Oak acquires eight-strong pub package
The Mark Grunnell-led pub company acquired the free of tie pubs in Bristol from Euphorium Pubs for an undisclosed sum
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Interviews
Real Eating Co: ‘We can cherry-pick some of the better sites’
The Real Eating Company has opened a third London site as it continues to “take a punt” on the capital, MD Helena Hudson told MCA
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News
Incipio to build on success in the capital
Incipio Group is to open several new sites in London in 2022, it told MCA, following the news that its latest concept will open in White City next month
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News
Bill’s confirms closures as losses widen
The Richard Caring-backed group closed 14 loss-making restaurants during the last financial year as cost pressures forced it to revaluate their performance.
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News
Oakman to launch public share offering
The Oakman Group is to launch its first FCA regulated fund raise with its first full public share offering to open on Friday 17 December.
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News
Oakman achieves +16% rise in like-for-likes
Chief executive Dermot King said he did not expect Oakman to be negatively impacted by the recently introduced Plan B restrictions and has forecast year-end sales in excess of £64m.
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News
How the new Covid restrictions will hit the UK economy
Just how bad could the nightmare return of Covid get for Britain’s struggling economy, The Sunday Times asks
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Interviews
Shaftesbury: ‘You’ll change your mind as I lead you through the streets of London’
The boss of West End landlord Shaftesbury says it is well placed to survive the ravages of the pandemic, The Sunday Times reports
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Opinion
Brussels is trying to regulate the gig economy the wrong way
Britain can be an alternative to Europe’s clumsy crackdown on the likes of Deliveroo and Uber Eats now we are out of the EU, the Sunday Telegraph reports
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News
Javid advised to take ‘stringent’ Covid measures within a week, leak reveals
Health officials say urgent action needed to avoid mass hospitalisations and overwhelming the NHS, The Guardian reports
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News
Pubs and restaurants fear ‘shuddering halt’ from new Covid rules
More than 130 hospitality operators call on ministers to provide financial support in wake of new restrictions, The Telegraph reports
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Analysis & Insight
Plan B: ‘Restrictions put industry in a precarious position’
The reintroduction of the work from home rule will have a significant impact on pubs, restaurants and food to go outlets based in the capital or city centres, sector leaders have told MCA