All articles by Finn Scott-Delany – Page 54
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NewsHonest: Operators laying off staff ‘left right and centre’
The Prime Minister’s intervention yesterday was “the final nail in the coffin” in terms of the government’s approach to the hospitality industry, Honest Burger MD Dorian Waite has told MCA.
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NewsJDW: Dutch approach in tune with ‘robust instincts of the nation’
Wetherspoons chairman Tim Martin has described the government’s de facto lockdown as a “tactical error”, and called for it to adopt the Dutch position.
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NewsCarluccio’s: ‘There will be no high street left if the government does not intervene.’
The hospitality sector is on a “war footing”, and requires an “across the board, fast injection” of capital from government, Carluccio’s CEO Mark Jones has told MCA.
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NewsCity Pub Co takes steps to preserve cash
City Pub Company has reported turnover up 11% against the same period last year, but like for like sales down 4.5%, for the first 11 weeks to 15 March 2020.
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NewsListed groups make heavy losses amid coronavirus bloodbath
Listed restaurant and pub suffered a day of carnage today as the coronavirus outbreak took its toll on operators’ share prices.
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NewsDeliveroo introduces no-contact drop-offs
Deliveroo has introduced a no-contact drop-off service amid the coronavirus outbreak.
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NewsJDW more affected by weather than health scare
J D Wetherspoon has reported like for like sales up by 3.2% in the six weeks to 8 March 2020, saying it had been more adversely affected by poor weather than by the coronavirus health scare.
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NewsFootfall drops 26% amid outbreak
Footfall across the UK is showing a 26% like for like decline, according to data from Wireless Social.
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NewsPlan for ‘worst case scenario’ operators told
Restaurant operators should plan for the worst-case scenario with the coronavirus outbreak, two leading investors told Restaurant magazine’s R200 conference.
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Analysis & InsightConfidence shot by coronavirus
Confidence among the bosses of Britain’s pub and restaurant groups has been fractured by the double whammy of coronavirus and the Government’s new immigration policy, a new snap poll reveals.
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Analysis & InsightMultiple operators see boost as licensed supply falls by 1.8%
The supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019, but multi-site restaurants grew by 1.8%, CGA research finds.
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NewsYummy Pubs sells The Clarence
Yummy Pub Co has sold its in Stoke Newington pub The Clarence as it concentrates on building a freehold estate. Pub operator Robert Webster, who owns Charles Wells leased business in London the Anchor and Hope, and has interests in The Canton Arms, and the Magdalen Arms in Oxford, has ...
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Analysis & InsightConfidence at four year high before coronovirus outbreak - CGA
Optimism among eating and drinking out leaders was at its highest level for nearly four years in February, CGA’s latest Business Leaders’ Survey revealed.
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NewsSherwood promoted amid senior shake-up at Wagamama
Wagamama UK managing director Nigel Sherwood has been promoted to chief operating officer amid a shake-up of the senior team.
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NewsTorres to step down from Taco Bell
Taco Bell general manage for Europe Jorge Torres is to leave his role overseeing the Tex-Mex brand in the UK, MCA understands.
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NewsIntu footfall flat as it explores further disposals
Intu has reported footfall was flat in its UK shopping centres in 2019, outperforming the wider retail market where footfall was down 2.5%.
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NewsOakman closes in on refinancing and investment target
Oakman Inns has secured close to £2m in new investment, while extending almost £8m of bonds which matured in December 2019.
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Analysis & InsightBeer sales up 1.1% in 2019 - BBPA
Total beer sales increased by 1.1% in 2019 to more than 8 billion pints – but a rise in beer duty in the forthcoming budget would stifle further growth, the British Beer and Pub Association has warned.
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NewsKnight joins Incipio
Incipio Group has appointed Anthony James Knight, formerly of Maxwell’s, as sales and marketing director.
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NewsVagabond secures Bishopsgate site, readies app
Vagabond, the fast-growing self-dispense wine bar concept, has secured its next site, and is preparing to launch an app, MD Stephen Finch has told MCA.