All articles by Georgia Cronin – Page 21
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News
Tory rebels could overturn curfew in parliamentary vote
The 10pm curfew could be voted out as it has emerged a group of Tory backbenchers are prepared to move against the measure, the Telegraph reports.
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News
TRG hopes to be “one of the long-term winners” with 40% retained estate
The Restaurant Group has reported “very encouraging” post-lockdown trading as it hopes its 60% estate reduction will allow it to emerge as “one of the long-term winners.”
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News
Crowdcube to acquire Seedrs
The UK’s leading crowdfunding platforms are set to merge after Crowdcube agreed a deal to acquire Seedrs.
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News
Odeon to cut opening times
Odeon is to cut the opening hours in several of its UK and Ireland cinemas response to delays in new film releases.
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News
Curfew prompts mass late-night redundancies
The implementation of the 10pm curfew and further restrictions on hospitality last month have confirmed mass job cuts across the late-night sector, according to the latest insight from Sprout CRM and the Night Time Industries Association.
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Interviews
D&D London CEO Des Gunewardena: ‘We’re going to suck it up and get on with it’
Like so many others in the sector, D&D London CEO Des Gunewardena is now well accustomed to receiving bad news. As the operator behind some of central London’s most iconic corporate and fine dining hot-spots, the government’s latest round of restrictions forcing city workers back out of the office and socialites to bed by 10pm have had an inevitable impact on the business. But Gunewardena is “trying to stay positive,” and having accepted that we could be living in a world of continued uncertainty for quite some time, his ‘new normal’ management style when it comes to the group’s 41-strong estate is “to suck it up and get on with it,” he tells MCA.
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News
Hawthorn’s David Lockhart dies
David Lockhart, co-founder of NewRiver and non-executive chairman of pubco Hawthorn Leisure has passed away. During his career, Lockhart set up three successful business – co-founding Hawthorn and NewRiver with Allan Lockhard and Mark Davies in 2009. He played a key part in developing the group – which now has a portfolio valued at £1.2b – before stepping down as chief executive in 2018.
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Interviews
Giggling Squid founder Andy Laurillard: ‘This is the asteroid that hit the dinosaurs’
Up to date on rent payments, a brand-new opening, and like for like’s ahead of last year - looking at Giggling Squid, the word ‘crisis’ doesn’t spring to mind.
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Interviews
City Pub Group CEO Clive Watson: ‘250 jobs at risk without better support scheme’
Up to 250 jobs could be at risk at City Pub Group without an improvement in the chancellor’s Job Support Scheme, CEO Clive Watson has told MCA. Given the continued closure of certain premises – the group has reopened 37 of its 48-strong estate – Watson said that Sunak’s proposed 33% wage subsidy plan will not be sufficient to support pubs that are still closed, or those where operating hours have been significantly reduced.
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Interviews
Arc Inspirations CEO Martin Wolstencroft: ‘Tech will drive the future of our business’
The role of technology in data handling, ordering and payment will drive the future of hospitality, Arc Inspirations CEO Martin Wolstencroft has said.
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Interviews
UK Hospitality CEO Kate Nicholls: ‘We need many voices speaking the same message’
The industry must join together in its demands from government if it is to see any kind of meaningful support, UK Hospitality CEO Kate Nicholls has said.
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News
Operators launch cancel the curfew campaign
A campaign has been launched by hospitality operators across the country to force a U-turn on the government’s 10pm curfew.
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Interviews
Oakman Inns founder Peter Borg-Neal: ‘We need to work on public opinion’
Turning the tide on public opinion could help in turning the tide on government measures, MCA’s The Conversation has heard.
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News
Sacha Lord joins NTIA board
Sacha Lord, the Night Time Economy Advisor for Greater Manchester, has joined the Night Time Industries Association board.
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News
Burger King assessing options for subsidiary
Burger King UK is working with advisers to review options for one of its subsidiary companies.
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News
Multi-site groups buck waning market confidence trend
Multi-site hospitality operators have upped their market confidence in recent months, despite an overall dip in confidence across the sector, according to the latest Business Confidence Survey from CGA and Fourth.
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News
City Pub Group to ‘emerge and rebuild quickly’
City Pub Group has reported it is in a strong financial position to emerge and rebuild quickly from the coronavirus crisis.
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News
Mosaic Pub Group raises £2.5m with City Pub investment
Three companies within the Mosaic Pub and Dining Group have concluded a share offering, raising subscriptions over costs of over £2.5m. The Galaxy, Pioneer and Sovereign City Pub Co. – which make up an estate of 9 pubs, 7 freehold and 2 leasehold – have reduced debt to under £2m ...
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Analysis & Insight
Eating out set for 64% growth in 2021
The eating out market will experience a v-shaped recovery over the next three years as consumers are expected to flock back to hospitality post-pandemic, according to Lumina Intelligence.
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News
Soho Summer Street Festival extended
The partial pedestrianisation of streets in Soho is to be extended until the end of October, Westminster Council has confirmed.