All MCA Insight articles in February 2021
View all stories from this issue.
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NewsMaray moves to Manchester
The Middle Eastern-inspired, Liverpool-based restaurant group is opening its biggest site yet at Bruntwood Works’ Union building
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Analysis & InsightHigh street footfall continues to rise
Springboard reports footfall rose in all types of town centre, with the largest increase of 7.1% seen in regional cities outside of London, versus a 3.3% jump in central London
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NewsAdam Breeden announces new Formula 1 concept
Under Kindred Concepts, which is backed by F1 and Imbiba, the new racing simulation concept is set to launch with Landsec at One New Change in Q4 2022
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ArticleFEBUARY 2022
The Feburary issue is packed full of analysis, exclusive interviews, features and comment on the eating and drinking out market.
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NewsTurtle Bay closes two sites due to covid
Turtle Bay closed two UK sites at the tail of its estate for the “foreseeable future”, which became inviable due to covid-19.
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Analysis & InsightHospitality spend declines by 70%
The hospitality and leisure sector saw spending fall by 68.9% in February compared to the previous year.
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NewsFEBRUARY 2021
MCA’s February digital edition features industry reaction to the government’s proposed hospitality reopening timeline. We also bring you some of the highlights of Hostech – the month-long celebration of the latest digital innovations within the sector…
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NewsCosta rolls out Deliveroo partnership
Costa Coffee will be avilabale for delivery on Deliveroo across 500 stores nationwide from Monday (1 March).
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NewsHospitality had highest take-up of furlough scheme in January
The hospitality sector had the highest take-up of the furlough scheme, of all sectors, between the end of December and end of January, according to the latest government data.
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NewsFuller’s FD to step down
Fuller’s finance director Adam Councell has informed the board of his intention to step down from his role at the pub and hotel business.
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NewsYO! appoints new chairman
Global Japanese and Asian food group YO! has appointed John Walden as its new chairman, with Eric Nicoli to step down.
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NewsChancellor warned over business failures
In a letter to the Chancellor, more than 200 industry leaders and trade bodies have warned that more hospitality businesses will go under unless a substantial package of support is announced in the Budget next week.
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NewsSunak to replace emergency schemes with new business loan
Chancellor Rishi Sunak is expected to unveil plans for a new UK-state guaranteed loan programme in next week’s Budget, which would replace emergency coronavirus schemes, according to the Financial Times.
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NewsConservative MPs call for cut in beer duty
A group of 68 Conservative MPs have signed a letter calling for the Chancellor Rishi Sunak to cut beer duty in his upcoming Budget announcement on 3 March.
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NewsUrban Pubs & Bars sees significant lockdown losses
Urban Pubs & Bars lost out on £2.5m in sales in the first month of the March lockdown, and incurred a significant shortfall in profit due to its inability to mitigate costs immediately at the point of closure.
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Analysis & InsightTwo-thirds say April opening not viable
Almost two-thirds (63%) of those surveyed said that it was not viable for them to reopen in April when outside trading is permitted, according to the latest Hospitality Leader’s Poll from Lumina Intelligence.
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InterviewsNando’s: Tech is now fundamental to the customer experience
Nando’s is a company that has historically preferred to let its service do the talking.
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NewsGreggs launches sustainability plan
Greggs has launched its first full sustainability plan, which will see it introduce healthier food items, cut food waste and source more sustainably by 2025.
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InterviewsSean Donkin: ‘Profit-seekers are running out of puff’
The Inn Collection Group saw a year of record growth in 2020. Throughout the year, the Alchemy-backed business acquired eight freehold properties, bringing its total estate to 19 sites, and managing director Sean Donkin tells MCA that it was able to grow so aggressively because of one major contributing factor: the pandemic. “It has enabled us to focus on acquiring new sites and made additional opportunities available,” he says. “But it’s not necessarily because of people going under, it’s people running out of puff and fight”.
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NewsAlcohol duty cut being considered by Chancellor
Pubs could see alcohol duty rates cut below that of supermarkets in plans being considered by the Chancellor. Ahead of next week’s Budget announcement (3 March), prime minister Boris Johnson revealed to the Commons that a review has been carried out into the differentiation between pubs and retailers, and Sunak was “looking very closely at the findings”.