All MCA Insight articles in February 2014 – Page 16
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NewsTimothy Taylor’s makes senior ops appointment
Timothy Taylor’s, the Yorkshire-based brewer and pub operator, has appointed a former Association of Licensed Multiple Retailers operations manager of the year to the role of pub estate operations manager
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News
Lowe returns with Lyle’s
James Lowe, one of the three chefs behind The Young Turks, has announced plans for his first sold restaurant opening this May in Shoreditch
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News
French reiterates Sell for Cineworld
Leading analyst Simon French has reiterated his Sell recommendation for Cineworld’s and increased his Target Price from 260p to 295p
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News
Pizza Hut UK chair joins Bloomin’ Brands board
David Fitzjohn, chairman of Pizza Hut UK, has joined the board of US casual dining operator Bloomin’ Brands, the owner of the Outback Steakhouse chain
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News
Scotland plans alcohol licence fee changes
The Scottish Beer and Pub Association (SBPA) has given a cautious welcome to plans to make some changes to the alcohol licence fee structure in Scotland
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NewsTGI Friday’s confirms 2014 plans
TGI Friday’s, the Karen Forrester-led group, has confirmed plans to open seven new sites this year, creating 700 new jobs in the process
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News
Punch withdraws debt resolutions for more talks
Punch Taverns has withdrawn its proposed debt restructuring proposals that were to be put to its creditors on Friday (14 February) “following feedback from a range of stakeholders”
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NewsGovernment has 'no plans' for tourism VAT cut
The Government has “no plans” to introduce a VAT cut for the tourism sector, according to Treasury minister David Gauke, who also said reducing VAT to 5% for catering services could cost the Exchequer between £9bn and £10bn per year
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News
Blackpool EMRO 'could have increased crime'
An Early Morning Restriction Order (EMRO) in Blackpool could have led to a rise in crime and disorder and reduced investment in the town, its licensing committee ruled
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Diary
Diary: Jamie Oliver, Richard Caring, Luminar
This week’s Diary includes Luminar’s investment, Jamie Oliver eyeing Barbecoa growth, rumours of a Caring and McNally reunion, and David Cameron’s goal line clearance
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NewsM&B: Irish market an attractive one
Mitchells & Butlers (M&B) has admitted to M&C Report that it thinks the pub market in Ireland is an attractive one, but that it was no closer on making a decision to launch in the country
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NewsUK lifts McDonald’s
A positive performance in the UK and France helped lift McDonalds’ comparable sales in Europe by 2% in January, the company has reported
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News
Rocket eyes expansion
Rocket, the restaurant and bar chain operated by 3Sixty Restaurants, is in negotiations on two further sites in London
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Analysis & InsightLeisure businesses help fill vacant retail units
The number of empty shops on the UK’s high streets has decreased significantly, with food and leisure businesses accounting for some of the uptake of empty shops, new research shows
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News
Pub People eyes acquisitions and disposals
Pub People Company, the Midlands-based pub operator, is looking to take on the running of five more pubs during 2014 while disposing of around five to eight less profitable sites, M&C Report has learnt
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NewsGrand Union revamps food and cocktail offer
Grand Union, the Luke Johnson-backed London-based bar group, has announced changes to its cocktail list and the launch of an US-inspired food menu as it confirmed plans for more openings in 2014
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News
Viet Café to make UK debut
Viet Café, Russia’s first network of Vietnamese restaurants, is to make its debut in the UK, after securing a site in London
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Analysis & Insight
Taking Mexican street food to new heights
Wahaca co-founder Mark Selby’s entrepreneurial approach to business development is helping to grow the number of sites and expand the concept
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News
Turban Street Café eyes rollout
The owner of a new Indian street food take-away that launched in Harrow, Middlesex, on Thursday says he plans to roll out the concept this year to locations in central London
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Analysis & Insight
Energy costs 'biggest threat to restaurant profits'
Rising energy prices have had the biggest negative impact of any factor affecting profits in the hospitality industry over the past six months, a new survey shows