All MCA Insight articles in February 2023 – Page 2
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News
Picture is bleak for Cineworld investors
The debt-laden business expects any deal reached with its creditors to wipe out its shareholders, The Times reports
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News
Fruit and vegetable shortages could be ‘tip of the iceberg’, farming union warns
A reliance on imports is said to have left the UK vulnerable to ‘shock weather events’, The Independent reports
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News
Don’t increase corporation tax, three ex-chancellors tell Rishi Sunak
Lord Hammond, Kwasi Kwarteng and George Osborne join rebellion against policy as Budget looms, The Telegraph reports
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News
Scotland’s whisky and beer makers alarmed by mooted advertising ban
Drinks sector faces similar restrictions as tobacco under proposals designed to tackle alcohol-related problems, The FT reports
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Analysis & Insight
The seven reasons why our supermarket shelves are bare
With shortages on the shelves, The Sunday Times attempts to get under the skin of a supply chain gone wrong
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from NQ64, Karen’s Diner, and more
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Analysis & Insight
A third of operators at risk of failure
The real term impact of inflation has put many are at risk of collapse despite record sales, according to data from UKHospitality and CGA
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Analysis & Insight
A spoonful of olive oil helps the Frappuccino go down
As Starbucks launches an olive oil-infused range of drinks, MCA asks coffee experts whether the new product innovation could become as big a hit as the famed pumpkin spiced latte – and help the High Street chain re-capture some cultural relevancy
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Analysis & Insight
Consumer confidence rebounds
Households are feeling more optimistic about the state of their personal finances and the general economic situation, according to GfK
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News
Grind launches charitable coffee foundation
It aims to begin reversing some of the damage caused by the coffee industry, with a committment to removing two coffee pods’ worth of plastic from the ocean for every Grind pod sold
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News
Veg shortages lead to soaring prices
Restaurants and pubs are not currently reporting widespread shortages, despite higher prices and supply chain disruption, according to UKHospitality
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Interviews
Clean Kitchen Club pivoting to 'big, bold launches'
With two new sites to open in central London, co-founder Mikey Pearce speaks to MCA about evolving the brand’s growth strategy, launching into retail and making an international debut
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News
Leon adds to London estate
The brand has opened sites in Earls Court and Hanover Square this week, following other recent high-profile openings including Southbank, Battersea and Brixton.
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News
Roger Wade launches new investment fund
The founder of Boxpark has launched an early-stage SEIS/EIS investment fund called BoxFund, which markets itself as supporting “people and ideas”
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News
Vaulkhard Group appoints new FD
Craig Bell has joined the North East leisure group having previously served as interim FD at Popeyes and FD at Red’s True Barbecue.
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Analysis & Insight
Foodservice price inflation in first fall since September 2021
Food and drink price inflation fell to 22% in January although all categories remain in double-digit inflation, according to the CGA Prestige Foodservice Price Index
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News
Des Gunewardena plots his next move
The former D&D London CEO is preparing to launch a number of new individually-financed landmark venues in London and Manchester, MCA can reveal
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News
Shaftesbury and Capco merger due to complete next month
The merger between the two British landowners in London has been given the green light by the Competition and Markets Authority
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News
Julian Metcalfe joins Food to Go Conference as headline speaker
The founder and CEO of Itsu will take part in an exclusive fireside chat at the MCA conference on 7 March
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News
UK inflation could return to 2% from autumn
Economists have revised down their predictions for UK inflation, with Citigroup forecasting that consumer price growth could fall below the Bank of England’s spring target by this autumn