All articles by Finn Scott-Delany – Page 50
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NewsBeer duty deferment urged by BBPA
The Government should defer payments of beer duty due on 25 April for beer produced in March when pubs were forced to shut down, the British Beer & Pub Association (BBPA) has urged.
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NewsPizza Hut Restaurants: 15 sites under threat of legal action
Pizza Hut Restaurants has joined calls for a moratorium on debt enforcement after revealing that 15 of its sites are being threatened with or already subject to legal action by landlords.
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NewsTips excluded from jobs retention scheme
There was ongoing confusion last night over the jobs retention scheme, after the government updated its guidance on tip payments, but failed to make any mention of tronc.
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NewsDeloitte: Opportunistic M&A before crisis ends
Well-invested brands still have the chance of emerging from the coronavirus crisis in a stronger position, Deloitte corporate finance Ed Jenkins has told MCA.
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NewsGeorgel: No blanket policy towards tenants
St Austell CEO Kevin Georgel has told MCA the pub operator and brewer will be accountable for the way it acts towards its tenants during the crisis - “by our tenants and no one else”.
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InterviewsLeon: ‘So many people are saying they can’t get food’
Leon managing director Shereen Ritchie has told MCA of the brand’s ambition to reach the vulnerable and elderly as it launches a new grocery and ready meal delivery service today.
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NewsTRG downsizes exec pay and operations
The Restaurant Group has announced an extension to its lending facilities, executive pay cuts and a downsizing of its board.
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NewsRent cancellations: ‘As soon as you do it for one, you have to do it for everyone’
Rent has emerged as one of the central and most polarising issues during the coronavirus crisis, creating an us versus them dynamic as operators look to drastically cut costs and wind down their businesses.
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NewsPubcos respond to calls for rent cancellation
Pubco bosses have responded to calls to cancel rents for tenants, pointing to the government’s package of support for small businesses, the Morning Advertiser reports.
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NewsLeon readies new delivery service, Feed Britain
Leon is to launch an online delivery service, Feed Britain, offering grocery boxes and ready meals.
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NewsKPMG: ‘This will ultimately wipe out the weaker operators’
The hospitality industry is entering a period of relative calm, with attention now turning to medium and longer term challenges, KPMG’s Will Wright has told MCA.
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NewsLuke Johnson: ‘Terrible trade-off’ lies ahead in virus fight
Luke Johnson has warned the UK could face a “Great Depression” and would have to decide if the containment measures were worth the “collateral damage” of falling living standards and damage to mental health.
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NewsLandsec allocates £15m to F&B rent relief
Land Securities has set up a rent relief support fund of £80m, with a particular focus on F&B operators and SMEs.
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NewsChancellor to overhaul SME loan scheme
The chancellor is set to overhaul his emergency aid scheme for small businesses (SMEs) as companies struggle to access crisis funds, Sky News reports.
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NewsMajority of companies face diminishing cash pile
A large number of companies are in danger of running out of money within weeks, according to a survey by the British Chambers of Commerce. The survey found 62% of companies polled late last month said that they had enough cash to keep them going for the next three months ...
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News
Landlords must cancel rent to ensure a future for sector - Pure
Landlords have to realise “we are all in it together” and offer operators rent-free periods, Pure CEO Spencer Craig has told MCA.
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NewsHonest redeploys staff to retail and care sectors
Honest Burgers has created a scheme to allow furloughed members staff to be seconded to other businesses, particular in retail and care.
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NewsSt Austell safeguards all 2,000 staff
St Austell Brewery has put more than 75% of its staff on furlough, protecting all 2,000 jobs.
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NewsLandlords threaten winding up orders over unpaid rent
UK landlords are threatening legal action against hospitality operators after many withheld rent to preserve cash during the lockdown, the Financial Times reports.
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NewsBoxparks shuts down delivery operation
Boxpark has completely shut all of its sites, with tenants still operating as a delivery service to cease trading.