All articles by Georgi Gyton – Page 118
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NewsGreggs appoints new non-exec
Greggs has appointed Mohamed Elsarky as an independent non-executive director, with effect from 21 June 2021.
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Analysis & InsightConfidence in pub sector is growing, says ONS
The percentage of pub and bar operators who had “high confidence” in their business surviving the next three months is growing, pushing past the 20% mark for the first time since November last year.
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NewsDrake & Morgan receives approval for CVA
Drake & Morgan has secured approval to enter a Company Voluntary Arrangement (CVA), with 90% of creditors voting in favour of the proposals at a meeting last week.
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NewsCamile Thai in US dark kitchen partnership
Camile Food Group has partnered with US ghost kitchen operator Kitchen United MIX, in order to launch its Camile Thai brand in the United States.
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NewsFears grow over ‘smoke and mirrors’ reopening
Lockdown laws could be replaced with restrictive guidance later this month, in what has been described as a ‘smoke and mirrors’ reopening.
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InterviewsRekom UK: ‘We’ve opened our nightclubs as nightpubs’
Rekom UK has reopened the majority of its nightclub venues as ‘nightpubs’ due to increasing nervousness that the 21 June roadmap date would be delayed, chief executive Peter Marks told MCA’s The Conversation.
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InterviewsM&B’s Bob Ivell: ‘I wouldn’t have wanted to do anything else’
Bob Ivell says he is often asked by friends why he hasn’t retired by now. For the Mitchells & Butlers (M&B) non-executive chairman, the answer is simple: ‘We have +1,700 of the best pubs and restaurants in the UK – why would I want to?’
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Analysis & InsightVisits down but spend up
Consumer spend in pubs and bars was up 28% on average over the 12 weeks to 16 May 2021, compared with the same period in 2019, despite visit frequency being down, according to new data from Kantar Worldpanel.
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NewsItsu: ‘We have the potential to add another 150 UK sites’
Itsu is to open its first franchise UK franchise site later this year, as well as its first in Europe, as the business looks to expand its footprint in this country and internationally, chief executive Ganan Kanagathurai has told MCA.
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NewsWagamama launches new cook at home range
Wagamama has launched a new cook at home range, inspired by the response to its online cooking series Wok From Home.
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NewsDeposit Return Scheme must be workable for operators
UKHospitality has claimed the government’s proposed Deposit Return Scheme (DPS) would lead to increased business costs and bureaucracy and have said it must be made workable for hospitality operators.
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Analysis & InsightEating out frequency expected to fall for a third of consumers
Almost a third of consumers (29%) plan to eat out less frequently than they did pre-pandemic, with the intention to eat out less often the highest among 45-64 year-olds, according to a new report from Lumina Intelligence.
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NewsPrezzo to open first new restaurant in three years
Prezzo is to open a new restaurant within owner Cain International’s Islington Square development in North London – its first opening since 2018, with more in the pipeline.
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NewsChapel Down launches £6.87m fundraise
English wine producer Chapel Down is to launch a fundraising of up to £6.876m, through a combination of the placing of new ordinary shares and a crowdfunding campaign.
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NewsChilango appoints new NED
Chilango has appointed Wagamama’s chief operating officer Nigel Sherwood to the board as a non-executive director.
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NewsTrade bodies highlight impact of uncertainty on sector
UKHospitality, the British Beer & Pub Association (BBPA), and the British Institute of Innkeeping (BII) have written a joint letter to government to highlight the need for certainty around the move to step four of the government’s roadmap.
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NewsLeisure sector sees rent collection levels double
The leisure sector has seen rent payments increase significantly in the two months since March quarter day, with levels up from 18% to 37%, according to new data from Colliers.
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NewsUKH & DWP join forces on jobs
The Department for Work & Pensions has teamed up with UKHospitality to help promote jobs in the hospitality sector in order the help tackle the issue of the staffing shortages currently being experience by a number of operators.
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Analysis & InsightEating out market expected to grow +30% in 2021
The UK eating out market is expected to grow by 33.4% in 2021, to reach a value of £63.6bn, according to a new report by Lumina Intelligence.
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InterviewsTRG’s Andy Hornby: ‘Everyone understood the world had changed’
When the pandemic took hold in March last year, it was obvious to The Restaurant Group’s (TRG) chief executive Andy Hornby that “all bets were off” – tough decisions had to be made.