All articles by Georgi Gyton – Page 79
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News
‘It doesn’t even cover the cost of our Christmas decorations’
The Chancellor’s additional support measures have been described as a ‘sticking plaster’ for the sector after some operators have lost hundreds of thousands of pounds’ revenue per venue in the weeks leading up to Christmas.
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News
Self-isolation period cut for the double-jabbed
Provided two lateral flow tests have been produced on day six and seven, the double-jabbed can stop self-isolating. The news came as Boris Johnson ruled out further Covid restrictions before Christmas.
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News
Government announces extra financial support for hospitality
Hospitality businesses in England will be eligible for one-off grants of up to £6,000 per premises, Chancellor Rishi Sunak announced
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Welsh business rates relief welcomed
Hospitality businesses in Wales are to benefit from a 50% reduction in business rates, but additional support is critical, warns UKHospitality Cymru.
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BrewDog to ‘draw line’ under toxic workplace claims
Following the completion of a review into its working culture, the Scottish brewer and pub operator admitted it had made mistakes and needed to address them
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Shepherd Neame to offer new year rent reduction
The family brewer and pub operator has announced it will be introducing a 10% rent reduction for its licensees from 1 January 2022.
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News
Sales dropped 40% last weekend
More than half of hospitality venues saw sales fall by +40% last weekend as consumers deserted pubs and restaurants in the run up to Christmas.
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Third of late-night venues fear new year closure
On average, late night venues have lost around £46k per unit in lost sales and cancellations so far over the festive period, according to a new poll by the Night Time Industries Association.
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News
Gaucho and M seeing strong trading
Parent company Lomo Topco said its 16 Gaucho and three M Restaurants had come through the pandemic in as strong a position as could reasonably be expected
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Hall & Woodhouse seeing good property opportunities
The Dorset-based brewers and pub operator is on track to add 10 sites to its portfolio this year as part of its growth strategy.
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Leon plans 50 UK openings for 2022
The healthy fast food brand has more than doubled its original openings target for next year as it looks build its presence on a national scale.
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Sunak warned over permanent closures
Hospitality leaders have warned Chancellor Rishi Sunak that he must commit to a package of support for businesses within the next 24 hours or risk the permanent closure of 10,000 sites.
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News
Fuller’s closing 20 London pubs ‘indefinitely’
Chief executive of Fuller’s Simon Emeny told Sky News that sales at its London sites were down between 60%-80%.
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News
JDW appoints employee directors to board
JD Wetherspoon has appointed four employees to its board in an effort to boost its business by having additional ‘pub experience’ at board at a senior level.
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Analysis & Insight
Greggs achieves highest share of food to go
The retailer has overtaken McDonald’s to become the dominant player in the food to go sector, increasing its share of occasions in the 12 weeks to 28 November 2021, according to Lumina Intelligence.
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News
Sunak to meet hospitality leaders over crisis
Chancellor Rishi Sunak is due to meet representatives from the hospitality sector later today (17 December), after mounting cancellations and business closures in the wake of Omicron.
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News
Nightclubs in Wales to close after Boxing Day
Night Time Industries Association’s chief executive Michael Kill says the sector has been placed in an untenable position and has no choice but “to come out fighting”.
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News
Jollibee continues strong growth trajectory
The business, which opened its latest site in Nottingham yesterday, is due to open its first restaurants in Scotland in early 2022 as part of a £30m expansion drive in the UK
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News
Hospitality industry desperate for support after £4bn sales drop
Greene King CEO Nick Mackenzie said sales in its pubs in some parts of London were down as much as 70% compared to the same period in 2019.
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News
Tortilla names new operations director
Tortilla has appointed former director at Young’s Stephen Clark as its new operations director, with his predecessor Matt Chapman promoted to franchise director.