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All articles by Finn Scott-Delany – Page 43
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NewsPizza Hut Restaurants to close 29 sites
Pizza Hut Restaurants, the UK dine-in franchise business of the global Yum! brand, is proposing to close 29 sites as part of a Company Voluntary Agreement (CVA).
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NewsHarts Group converts £1.5m Barrafina loans to shares
Harts Group, the operator of Barrafina and El Pastor, has converted £1.5m in loans in Barrafina Ltd into shares in Harts Group Ltd, which has “improved the balance sheet and cashflows of the group”.
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NewsEOHO boosts Treasury coffers by £250m
The Eat Out to Help Out Scheme benefitted the Government to the tune of £250m, data revealed by leading hospitality trade bodies show.
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NewsLeon announces ‘unlimited’ coffee offer
Leon has followed Pret’s lead with an ‘unlimited’ coffee offer of £15 for 30 days, which aims to get office workers back into the city.
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NewsNew law a 'reinforcement and reminder’ of existing rules for pubs and restaurants
New coronavirus restrictions, reducing social gatherings to no more than six, make current guidelines legally binding for business, UK Hospitality’s Kate Nicholls has said.
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NewsTRG director leaves amid leisure restructure
The Restaurant Group divisional MD Nick Shelmerdine has left the group following the downsizing of its leisure divisions.
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NewsSenior changes at Pret amid staff cuts
Pret UK shops director Tom Sugarman is leaving the business while food and coffee director Guy Meakin has been made trading director.
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NewsThwaites starts redundancy programme
Daniel Thwaites has initiated a programme of redundancies due to the uncertain operating climate heading into winter.
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NewsB&K to raise £2.5m via rights issue
Brewhouse & Kitchen anticipates trade will recover to pre-pandemic levels within one year.
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NewsTossed creditors include £9.3m Jersey investor
Zest Food, the operator of Tossed and Vital Ingredient, has left liabilities of £9.3m to its investor after going into administration, a progress report shows.
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NewsLaine reports losses of £8.4m
Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019.
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Analysis & InsightHospitality Leaders Poll - 80% hail the EOHO a success
Eighty percent of restaurant, pub and bar operators say the Eat Out to Help Out scheme has worked well for their business.
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NewsPage’s Putney Beach investment fund wound up
David Page’s secondary investment vehicle Putney Beach has been wound up.
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NewsCreams sales up 35% yoy in August
Creams Café has reported year-on-year August sales were up 35% during the Eat Out to Help scheme.
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InterviewsGaucho CEO Martin Williams: No brainer to replicate EOHO
Gaucho and M Restaurants CEO Martin Williams has said it was a “no brainer” for his group to continue the Eat Out to Help Out scheme at its own expense.
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NewsDomino’s announces board appointments
Domino’s Pizza Group has appointed two new non-executive directors to its board, while made interim CFO Neil Smith’s role permanent.
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NewsGail’s to open in Blackfriars
Gail’s, the Luke Johnson backed artisan business, is opening a new 50-cover bakery in Blackfriars.
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NewsGordon Ramsay: Trade ahead of forecasts
Gordon Ramsay Restaurants has reported trading since reopening is ahead of forecasts, though difficult to project how the trends will develop.
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Analysis & InsightStrong growth in August outside EOHO days
Diners spent 34.2% more at restaurants and fast food outlets on Mondays, Tuesdays and Wednesdays in August than they did in July, according to data from Barclaycard Payments.
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NewsGreene King posts £273m losses
Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 with its pub business worst hit by the coronavirus.