All MCA Insight articles in February 2021 – Page 5
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News
Hospitality not significant area of Covid transmission
Hospitality businesses were not significant areas of Covid transmission in 2020 and should be central to reopening plans in 2021, according to new research by CGA, commissioned by UKHospitality.
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News
Pubs and restaurants won’t reopen until May, according to roadmap
Pubs, bars and restaurants, will not be able to reopen until May under a phased reopening programme, according to the government’s roadmap out of lockdown, The Daily Mail has reported. It claims the blueprint for lifting the UK out of lockdown will see curbs eased at four-weekly intervals, starting with ...
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Analysis & Insight
The unstoppable growth of delivery
Delivery has boomed during the pandemic, with the key players adapting their offerings to meet the occasion. With customer engagement more important than ever, could Deliveroo’s new Signature feature be the sweet spot operators have been looking for?
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News
Sixty percent of pubs would stay closed in outdoor-only scenario
Sixty percent of pubs – approximately 29,000 – would remain closed if the government were to permit outdoor-only service from April.
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Analysis & Insight
Investment in sector shows ‘promise for rebound’
A substantial uptick in business investments in hotels and restaurants last year shows the potential for a promising rebound for hospitality, should Government grant it sufficient support, new figures suggest.
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Analysis & Insight
Peel Hunt ups target price for M&B after share announcement
Analyst Peel Hunt has increased its target price for Mitchells & Butlers (M&B) from 275 pence per share to 325p and changed its recommendation from Add to Hold.
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Analysis & Insight
Lockdown continues to boost delivery purchases
The restrictions on trading in lockdown have pushed more and more consumers towards delivery and click and collect purchases, according to the latest research from Lumina Intelligence.
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News
UKH: Extend VAT cut to boost hospitality and tourism
UKHospitality has urged the Government to extended and expand the VAT cut for hospitality businesses in order to stimulate demand and help support the tourism and hospitality sectors.
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News
Pub leaders pull out of government talks over ‘growing sense of betrayal’
Pub sector leaders have pulled out of talks with business minister Paul Scully due to a “growing sense of betrayal” caused by Government’s “obvious lack of interest and respect” for the industry.
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News
IFS: Phase out furlough gradually
The furlough scheme should be phased out gradually rather than allowed to expire suddenly, the Institute for Fiscal Studies (IFS) has warned the chancellor.
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News
Jeremy King: Al fresco dining plan ‘a nonsense’
Jeremy King has described mooted plans to allow hospitality to reopen for outdoor dining only in the first week of April as “a nonsense”.
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News
Admiral warns of mass closures if outdoor-only pub policy goes ahead
Chris Jowsey, chief executive of Admiral Taverns has warned that up to 25% of its pubs could close if the government brings in an outdoor-only policy when restrictions are relaxed for pubs.
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News
Lifeline for nightclubs under rapid test scheme
The nightclub industry could be allowed to reopen under a rapid testing plan under consideration by the government.
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Interviews
How Deliveroo pioneered delivery-only kitchens at Editions
Nigel Rivers, general manager of global site operations at Deliveroo Editions, shares the latest tech developments at the platform.
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News
Des Gunewardena: Why can’t we open at Easter?
D&D London CEO Des Gunewardena has said the hospitality industry is not getting anything intelligible back from government, describing the dialogue as “very, very frustrating”.
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News
Deliveroo to launch IPO next month
Deliveroo is set to formally announce its intention to float next month, with 8 March as a proposed launch date, Sky News reports. According to Sky, the delivery giant’s initial public offering (IPO), for which it has hired investment banks Bank of America Merrill Lynch, Citi, Jefferies and Numis to work under Goldman Sachs and JP Morgan, could see it gain a market value of up to £7.5bn.
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News
Tim Martin: Give pubs level playing field
JD Wetherspoon chairman Tim Martin has called on the government to open pubs at the same time as non-essential shops reopen, stating that the industry is “on its knees”.
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Interviews
Hero Award: ‘I had an enormous synergy target going into lockdown’
Effectively managing relationships with a huge and diverse supply chain throughout a merger which saw Stonegate become the UK’s largest pub company would be no small task at the best of times. Factor in that Stonegate’s acquisition of Ei group happened around two weeks before the first lockdown in March last year and you can at least imagine the scale of the challenges that faced Suzanne Baker, commercial and property director at Stonegate.
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News
TipJar tackles tronc
TipJar, the digital tipping platform from BrewDog retail director James Brown and Rosa’s Thai co-founder Alex Moore, has received a clearance from HMRC that could see operators move away from the use of tronc systems.
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Interviews
Pret’s journey from bricks and mortar brand to multi-channel retailer
Pret chief information and transformation officer Sarah Venning discusses the brand’s approach to delivery and click and collect – and how insights from these channels led to the creation of the innovative coffee subscription.