All articles by Georgi Gyton – Page 75
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News
Revolution's new brands are 'definitely scalable’
Revolution believes its two new concepts have legs to grow as the bar group hits “the sweet spot” in terms of its offering, CEO Rob Pitcher told MCA.
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News
Uptick in companies paying ‘real’ living wage
More than half of the companies in the FTSE 100 have now committed to pay the rate – which has just increased to £11.05 per hour in London and £9.90 in the rest of the UK.
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News
Advisors appointed for Burger King UK float
Burger King UK’s backer Bridgepoint has appointed Bank of America and Investec to advise on the floatation of the fast-food giant, during the first half of 2022
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Analysis & Insight
Rents and vacancy rates continue to fall in key London locations
The decline in central London prime zone A rents has seen a further fall, down 17.4% year-on-year, according to Savills.
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Analysis & Insight
Strong winter trading will boost M&A activity in Q1
A number of longer-term trends are proving more attractive to investors now than pre-Covid, according to Graeme Smith at AlixPartners
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News
Franchising on the cards for Marugame
Japanese udon noodle concept Marugame Udon is hopeful of signing its first franchise partners next year, as the brand looks to build its pipeline in the UK
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News
A good wage is great, but great culture is better
While a fair wage is important, a great culture and development opportunities are more important when it comes to retaining and recruiting staff, MCA’s Restaurant Conference heard.
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News
Operators anticipate post-Christmas price rises
Consumers should expect prices to rise in restaurants, pubs and bars, according UKHospitality CEO Kate Nicholls
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News
‘Alarming’ prospect of Scottish vaccine expansion
Scotland’s Deputy First Minister has told MPs the range of venues required to check vaccine status could be expanded to include “further indoor hospitality and leisure settings”.
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News
Bankers boosting sales at Pret
City workers are returning to their offices at rates outstripping Paris and New York if Pret’s sales are anything to go by.
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News
Draught ales and breakfast sales down at Wetherspoon
JD Wetherspoon has seen like-for-like sales down 8.9% for the first 15 weeks of the financial year to 7 November 2021.
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News
New laws to resolve rent debt
The changes, which include a new code of practice, are designed to protect tenants from rent claims against them.
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Interviews
Shepherd Neame: ‘No shortage of opportunities to invest’
After major capex projects were put on hold during the pandemic, chief executive Jonathan Neame is eager to up investment
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News
Sustainability: ‘It’s about starting small and gaining momentum’
Removing plastic toys from Burger King UK’s kids meals had a much greater impact on plastic reduction than straws, which weigh less
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Analysis & Insight
Relationship with managers is key to workplace happiness
Lord Mark Price told the Restaurant Conference there was an almost a total correlation between how staff score their relationship with their manager and their happiness at work
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News
Mollie’s set sights on 100 site mark
Mollie’s Hotel & Diner is looking to build up from its current two sites to 100 over the next 10 years on the back of strong investor support.
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News
Hickory’s pushes footprint into Yorkshire
Piper-backed barbecue restaurant Hickory’s Smokehouse has acquired the former Marston’s pub The Malt House, in Horbury.
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News
Corbin & King reportedly considering new backers
The restaurant group behind The Wolseley is understood to be in talks with other parties after disagreeing with Thailand-based Minor Hotels on the investment strategy for its restaurants.
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News
Vaccine passports rule evaded with furniture
Scottish nightclubs have been getting creative in a bid to avoid the requirements for guests to have vaccine passports by putting seats on their dancefloors.
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Analysis & Insight
Hostmore offers prospect of ‘significant payoff’
Newly-listed hospitality operator Hostmore is well placed to take advantage of the growth opportunities from the fallout of Covid-19, believes Edison.