All articles by Finn Scott-Delany – Page 26
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NewsIndoor reopening to go ahead on 17 May
Hospitality has been given the go ahead to reopen indoors as planned next Monday (17 May), the prime minister has confirmed.
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NewsHugh Osmond: ‘I would take the government to court again’
Hugh Osmond has said he would bring a High Court challenge against the government again, despite the judge ruling against the case.
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NewsCôte sold for £56.5m
Partners Group paid £56.5m for Côte Restaurants in a pre-pack sale, an administrators’ reports reveals.
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NewsHawthorn CEO: Rent debt issue is ‘very complex’
Hawthorn boss Mark Davies, who also sits on the board of parent company New River real estate investment trust, has sympathised with the landlord position, saying the situation with rent debt is “very complex”.
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InterviewsHawthorn: Listed space ‘remarkably resilient’
Hawthorn kicked off its IPO roadshow yesterday, with CEO Mark Davies telling MCA public markets were “as hot as they have been since 2011”.
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InterviewsAsahi: ‘People are being more moderate with their alcohol intake’
It’s an interesting sign of the times when the director of a major alcohol supplier talks at length about moderation.
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NewsNightcap acquires Adventure Bar Group
Nightcap, the recently formed bar and late-night group, has secured its second acquisition with an agreement to buy Adventure Bar Group, the operator of Bar Elba, Blame Gloria, Luna Springs and Tonight Josephine.
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NewsByron owner snaps up Mother Clucker
Fried chicken brand Mother Clucker has been acquired by Famously Proper, the owner of Byron.
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NewsLandlords urge ‘compromise on all sides’
Hospitality operators and landlords should “share the pain” and split rental arrears 50-50 if unable to pay outstanding rent, according to a new proposal drawn up by institutional landlords.
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NewsKFC sees strong growth
KFC grew sales in the UK by 16% in Q1, the second biggest increase worldwide after China.
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NewsCity Pub Group ups Mosaic stake
City Pub Group has acquired a 49% stake in Kensington Park Hotel and increased its shareholding in Mosaic Pub and Dining.
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NewsWhitbread makes £1bn loss
Whitbread, the hotel and restaurant operator, has reported a statutory loss before tax of £1bn, as revenue fell 71.5% to £589.4m during a year of lockdowns and restrictions.
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NewsGreene King takes cautious approach to reopening
Greene King CEO Nick Mackenzie has told MCA customers are “absolutely loving” being back in his pubs, despite the limitations of outside service.
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InterviewsPhil Urban: Outdoor trading ‘lifts the spirits’
Mitchells & Butlers CEO Phil Urban has hailed the euphoria of customers being able to go out and mix with friends after months of lockdown.
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NewsJAB pumps £185m into Pret
Pret A Manger received a £185m cash injection from owner JAB Holdings earlier this year, Companies House accounts reveal.
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NewsDomino’s like-for-likes up 18.5%
Domino’s Pizza Group has reported periods of “exceptional sales”, with like-for-like system sales up 18.5%.
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Analysis & InsightA new era for Leon
The acquisition of Leon for a reported £100m marks the end of an era and the start of a new one for a brand that has been led by one of its original founders for 17 years.
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NewsHammerson: Footfall 80% of pre-pandemic
Landlord Hammerson has reported 90% of operators in its UK estate are currently able to trade, with footfall is “competitive with pre-pandemic levels”.
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NewsWoods to step down from Wagamama
Wagamama CEO Emma Woods is stepping down and handing over to her internally appointed successor, Thomas Heier.