All MCA Insight articles in February 2021 – Page 6
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News
Raab: Government won’t commit to April reopening
Foreign secretary Dominic Raab has rejected demands from MPs for a restriction-free April reopening date.
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News
Deliveroo proposes post-pandemic support package
Deliveroo has urged Government to consider reintroducing the Eat Out to Help Out scheme and recruitment incentives to support restaurants to bounce-back after lockdown.
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News
Sector leaders call on Chancellor for decisive support
Over 160 business leaders from across the hospitality industry have called on the Chancellor for decisive support ahead of the Budget.
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News
M&B to raise £350m from shareholders
Mitchells & Butlers has made strides to ease its significant lockdown cash burn through an equity raise and unsecured revolving credit facility.
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News
Brighton Pier Group secures £1.4m in insurance pay-outs
The Brighton Pier Group has received £1.4m in business interruption pay-outs from insurers.
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Analysis & Insight
Hospitality a “brake” on UK growth rate
The steep decline in sales across the hospitality sector acted as a brake on the UK’s growth rate last year, with the sector responsible for a third of the country’s annual contraction.
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Analysis & Insight
Furlough extension needed before the Budget - poll
The announcement of a furlough extension as soon as possible is a priority for sector leaders, with many unable to plan properly until such support is confirmed, Lumina Intelligence’s Hospitality Leaders Poll reveals.
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Opinion
Peel Hunt: JDW may be hit by post pandemic trends
JD Wetherspoon (JDW), and other low-ticket operators, are more likely to be hit post-Covid working patterns, as well as any further downturn in the economy, according to analysts Peel Hunt.
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Analysis & Insight
Essential Guide to Order & Pay Solutions
The growing importance of digital order and payments in a post pandemic hospitality sector is explored in a guide produced by MCA and BigHospitality.
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Analysis & Insight
EOHO had “limited effect” on hospitality, says LSE report
The Chancellor’s Eat Out to Help Out scheme had a limited effect on the UK’s restaurants and cafés, according to new research from the London School of Economics.
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News
Paul UK to double estate over next five years
French artisan bakery group Paul hopes to double the size of its UK estate in the next few years through a combination of franchising and in-house expansion.
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News
Coqfighter lines up three more dark kitchens
Coqfighter is launching two new dark kitchens later this month, in Notting Hill and Chiswick, ahead of a regional launch in Birmingham in April.
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Event News
Hospitality heroes recognised at Retailers’ Retailer Awards
To mark what has been a truly testing 12 months, this year MCA is introducing a new, unique category at the Retailers’ Retailer Awards, which recognises the unsung heroes of the hospitality sector.
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Interviews
Hero Award: ‘There’s a level of compassion sometimes missing in finance’
As part of the new Hero Award at the Retailers’ Retailer, MCA is profiling five senior managers who have gone above and beyond in steering their business through the crisis.
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News
Wrapchic to trial dark kitchens in addition to pipeline of new openings
Indian fast-food chain Wrapchic is to shift its short-term focus onto dark kitchens and low capex projects following the closure of the majority of its estate during lockdown; however it does have a pipeline of bricks and mortar sites which it will see through.
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Analysis & Insight
Driving through efficiencies in coffee service
Drive-thru technology is helping businesses improve customer service, reduce waiting times and personalise their marketing, as Costa UK has discovered.
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News
Voting for Retailer’s Retailer Awards closes tomorrow
It’s your last chance cast your vote in MCA’s Retailer’s Retailer of the Year Awards, with voting closing at 5pm tomorrow (12 February).
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News
Whitbread appoints NEDs
Whitbread has appointed to new non-executive directors, Fumbi Chima and Kal Atwal.
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News
M&A in QSR sector expected to increase significantly in 2021
The quick-service restaurant (QSR) sector is expected to see a significant uptick in activity over the course of 2021, according to BDO’s annual Restaurants & Bars Report.
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Interviews
Martin Williams: ‘Sector must ramp up the volume on safety’
Reassuring the public on the safety of hospitality spaces will be critical upon reopening, and pubs, bars and restaurants must look to achieve a “covid-super-secure” operation, Rare Restaurants CEO Martin Williams has said.