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By M&C Report team2011-01-08T10:54:00+00:00
It is unlikely the hospitality sector will get any additional financial support from government according to Kate Nicholls, chief executive, UKHospitality.
The furlough scheme will not be extended despite the expected delay to ending lockdown, sourced close to Rishi Sunak have indicated.
Every hospitality operator should email their local MP about the current situation with rent debt to ensure the government grasps the full extent of the problem, implored Hugh Osmond, director at Various Eateries.
Various Eateries, the Hugh Osmond backed operator of the Coppa Club, has reported “very strong trading” since reopening, facilitated by large outdoor spaces.
Soho House has filed for an initial public offering (IPO) in New York under the name Membership Collective Group Inc.
Itsu has confirmed that it has signed a significant deal with international asset group Bridgepoint, which see it acquire “a meaningful minority stake” in the Asian-inspired food brand, enabling it to add a further 100 outlets to its estate over the next five years.
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