All articles by Georgi Gyton – Page 103
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NewsThunderbird builds dark kitchen presence
Thunderbird Fried Chicken has opened a further delivery kitchen in Streatham, joining its existing Food Stars units in Battersea and Shoreditch.
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NewsCovid passports suggested to keep pubs open in winter
The introduction of Covid passports is being discussed as a way of keeping pubs, bars and restaurants open this winter should cases of the virus increase.
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NewsRestriction lifting on track in England
England is on track to remove all remaining lockdown restrictions, including social distancing and the wearing of facemasks, on 19 July, according to reports.
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NewsNando’s extends link up with Tesco
Nando’s has opened a second site within a Tesco supermarket, as it looks to expand its presence in new locations.
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NewsUKHospitality: ‘Further financial support is unlikely’
It is unlikely the hospitality sector will get any additional financial support from government according to Kate Nicholls, chief executive, UKHospitality.
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NewsItsu confirms significant Bridgepoint deal
Itsu has confirmed that it has signed a significant deal with international asset group Bridgepoint, which see it acquire “a meaningful minority stake” in the Asian-inspired food brand, enabling it to add a further 100 outlets to its estate over the next five years.
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NewsBridgepoint set to take significant stake in Itsu
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
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NewsLoungers has opportunity to sign bigger, premium sites
The expectation of record vacancy rates this year presents Loungers with the opportunity to acquire larger, premium sites, while staying true to its tight financial criteria, according to analyst Liberum.
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NewsHospitality collective threatens legal action
A 45-strong group of hospitality, tourism and event companies is threatening to take legal action against the government if its newly proposed date for restriction-free operating faces further delays.
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Analysis & InsightInflation pushes food prices
Food basket prices increased by 5.3% in April as pressure from inflation kicked in after months of stagnant activity, according to the latest CGA Prestige Foodservice Price Index.
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NewsLivelyhood Pubs accelerates growth with two new sites
Pub operator Livelyhood has lined up two new openings as part of its plans to expand the group within its south London heartland and further afield, operations director Tom Talbot has told MCA.
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NewsBarkby Group adds to pub portfolio
The Barkby Group’s hospitality arm has entered in a new six-year lease agreement for The Ebrington Arms in Gloucestershire.
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Analysis & InsightPrice and visibility barriers to low and no alcohol drinks
Perceived poor value and lack of visibility are two of the main barriers to greater sales of low and no products, according to new research from Lumina Intelligence.
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NewsBan on commercial evictions extended till 2022
The ban on landlords evicting commercial tenants is to be extended till 2022, following the announcement by the Prime Minister earlier this week that there would be at least of four-week delay to the previously proposed roadmap.
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NewsCBRE appointed to sell £21.6m collection of Marston’s pubs
Global real estate advisor CBRE has been appointed by Aviva Investors to sell a collection of pubs let to Marston’s, worth £21.6m.
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InterviewsD&D London: ‘The biggest issue we have is lack of staff’
The biggest single issue for D&D London is not lack of revenue – it’s staff, chief executive Des Gunewardena told MCA’s The Conversation.
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NewsTrade bodies urge Prime Minister to delay rates payments
Hospitality trade bodies including UKHospitality, the British Beer & Pub Association, the British Institute of Innkeeping and CAMRA, have called on the Prime Minister to delay rates business rates payments in light on the delay to the roadmap for reopening.
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NewsElectra names new parent company for hospitality brands
Electra Private Equity has announced that Hostmore plc is the name of the new parent company for its hospitality brands TGI Fridays and 63rd+1st.
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NewsHop Vietnamese founder hopes to build back business through raise
Hop Vietnamese has just embarked on a new capital raise as founder Paul Hopper looks to build the business back to its former size, he has told MCA.
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NewsBrewDog to initiate independent review of its culture
BrewDog is to enlist the services of a third party to carry out an independent review of its culture and HR practices following accusations by former employees that the brewer and pub operator fostered a toxic working environment.