All articles by Finn Scott-Delany – Page 52
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Shepherd Neame puts 85% of staff on leave
Shepherd Neame is putting the majority of its staff on temporary leave while asked those remaining to take pay cuts.
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Byron hires KPMG to access emergency funding
Byron has hired KPMG to explore options for accessing emergency funding and to shore up its balance sheet, Sky News reports.
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British Land releases small tenants from rental obligations
British Land has released its smaller retail, food & beverage and leisure tenants from their rental obligations for three months (April to June).
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JDW agrees to pay furloughed staff
JD Wetherspoon has reversed a decision to withhold staff pay until a government rescue package kicks in.
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Bottle shops within breweries exempt from closures
Licenced shops selling alcohol, including those within breweries, are exempt from the UK shutdown, the government has clarified.
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Grind: 'No one will lose their jobs as a result of the virus'
Grind, the restaurant, coffee shop and bar brand, has vowed none of its staff will lose their jobs as a result of the virus.
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Shaftesbury: Supporting tenants the ‘right thing to do’
Shaftesbury, the West End landlord, is supporting tenants with rent deferral, to help ease their short-term cash flow issues so they can resume trading once the current restrictions are lifted.
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Doubts emerge over loan scheme
Doubts have emerged over the government’s loan scheme, with bank applications insisting on director personal guarantees.
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JDW accused of abandoning staff
JD Wetherspoon has been accused of abandoning its 43,000 staff after boss Tim Martin insisted the chain could not afford to pay them during the coronavirus crisis until the company was reimbursed for their wages by the government.
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Roadchef to continue ‘as long as possible’ after Mcdonald’s and Costa closures
Roadchef has vowed to carry on serving food on the nation’s road network, despite the loss of McDonald’s and Costa Coffee.
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Leon: 'We have to do the right thing’
Leon has pledged to remain open to feed NHS and other key workers as scores of other operators wind down operations.
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Barclaycard extends contactless limit to £45
Barclaycard is extending its contactless limit to £45 from 1 April 2020 as the UK enters lockdown.
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TfL follows Network Rail and cancels first quarter rents
Transport for London (TfL) has cancelled rent payments for small and medium-sized businesses on its estate from 25 March to 23 June.
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Clarity over eligibility for corporate finance scheme
Hospitality business which do not have a credit rating should not be discouraged from applying for the Covid-19 Corporate Financing Facility, the Bank of England has confirmed.
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Deliveroo partners with M&S for food delivery
Deliveroo has announced a new partnership with BP and Marks & Spencer Food as UK lockdown commences.
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Commercial tenants protected from eviction
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
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Support needed for ‘vital’ takeaway and delivery services during lockdown
Restaurants and cafes will continue to be able to offer food delivery and takeaway under exemptions to the UK lockdown, the government has said.
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Why are big brands abandoning takeaway and delivery?
Takeaway and delivery last week emerged as a possible silver lining to the biblical storm clouds posing an existential threat to the restaurant and bar industry.
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Greggs slashes outgoings
Greggs is completely shutting its entire estate in order to protect its people and customers, it has announced.
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Fulham Shore confident it will thrive again on return
Franco Manca and Real Greek operator Fulham Shore is confident it will thrive once the market returns to normal.