All articles by Georgi Gyton – Page 12
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News
Only A Pavement Away sets out long-term employment goals
The industry charity has placed 661 people in employment in the hospitality sector since it was founded in 2018 and is hoping to help 5,000 by 2030
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News
Patrick Dardis steps down as Heartwood NED
The former chief executive of Young’s joined the board at the pub and restaurant group, formerly known as Brasserie Bar Co, in November 2022
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News
Update: Elizabeth Line strikes cancelled after new pay offer
Planned strikes by train drivers on London’s Elizabeth Line have been called off after a revised pay offer was put forward by operator MTR
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News
D&D London announces name change
The restaurant and bar group will change its name to The Evolv Collection in April 2025, with a new logo, website and loyalty scheme to launch alongside its new corporate identity
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News
‘Delay employer NICs threshold changes’, hospitality trade bodies urge
Seventy percent of hospitality businesses will reduce employment levels and 60% will cancel planned investment, the goverment has been warned
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News
Just Eat Takeaway to be acquired in €4.1bn deal
Investment group Prosus has made an all-cash offering, valuing Just Eat’s shares at €20.30 per share, and believes the acquistion will be an “opportunity to create a European tech champion”
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News
Heavitree Brewery sees profits fall in FY24
The Exeter-based brewer and pub operator reported a decline in profit after tax, from £1.51m in 2023, to £1.32m for the year to 31 October 2024, despite a 35% increase in operating profit.
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Analysis & Insight
Is meat really making a comeback?
MCA delves into reports suggesting a surprise swing back to growth in meat consumption, particularly among health-conscious younger people, but finds a more complex, nuanced picture in the data
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News
Caffè Nero UK achieves 17% increase in EBITDA
The coffee chain added 29 new shops to its UK estate during FY24, and saw strong sales growth within its delivery, which contributed to a 10% increase in overall sales, to £333m.
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News
Stonegate launches dancefloor-filler campaign
The group launches its ‘Get Britain Dancing’ campaign this Friday, with free entry to events at select venues and free drinks for guests who sign up via its MiXR app
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News
Majority of UK workers subject to compulsory office attendance
The proportion of companies requiring employees to be in the office for three days a week increased from 67% in the final quarter of 2023, to 75% in the same period in 2024, new data has shown
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News
Job cuts planned by quarter of UK employers
Of the businesses expecting staffing costs to rise in April, a third plan to respond by cutting headcount, either through redundancies or by recruiting fewer workers, the CIPD has found
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News
Nando’s extends apprenticeship scheme to ROI
Launched as part of National Apprenticeship Week, last week, the programme’s content is aligned to Nando’s current Level 3 apprenticeship in England and Scotland
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News
Individual Restaurants launches new pizza concept
The group is to open Naples-inspired restaurant Forbici, on Manchester’s Cross Street next month, as part of its plans to accelerate the growth of the business.
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News
Gordon Ramsay’s UK and US restaurant operations to merge in Lion Capital deal
The agreement gives both parties a 50% stake in the new holding company, with the board and exec team at the almost 100-strong group to be headquartered in London.
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Interviews
Red Engine: ‘UK will always be a hotbed of opportunity for us’
As the experiential leisure business enters its tenth year, founder Steve Moore speaks to MCA about the evolution of the sector, future growth opportunities and how competition only pushes the Flight Club and Electric Shuffle operator to be better
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News
Bagel Factory targeting 40 locations this year
The 34-site business, owned by Italian food group Cremonini, reported a “significantly improved” performance in 2023, with turnover up 57.6% to £4.8m, according to its latest accounts.
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Opinion
PM pubs campaign: ‘Popping into his local won’t make any difference’
Keir Starmer may still frequent his local pub, but the sector needs material support in the form of business rate discounts and lower VAT, pub leaders tell MCA
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Analysis & Insight
Toughest recruitment conditions since 2020
Demand for staff continued to decline across all sectors in January, with the number of vacancies declining by the greatest degree since August 2020, according to the latest KPMG and REC UK Report on Jobs.
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Analysis & Insight
UK branded coffee shop market sees 5.2% growth
The £6.1bn industry saw a further 570 net new outlets open over the past year, with Costa Coffee remaining the UK’s largest branded coffee chain