All articles by Georgia Cronin – Page 31
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NewsCMA clears Amazon/Deliveroo deal
The Competition and Markets Authority has cleared Amazon’s 16% investment in Deliveroo.
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NewsPizza Express to close 15% of estate in restructuring
Pizza Express has today announced that it is to undergo a financial and operational restructuring, which could see the permanent closure of 15% of its estate.
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NewsPizza Pilgrims non-exec Ian Edward: “No right or wrong” way to utilise Eat Out to Help Out
The Eat Out to Help Out scheme may play to the advantage of larger restaurant brands, but businesses are within their rights to do what they must to survive, Pizza Pilgrims non-executive director Ian Edward has said.
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NewsMinister confirms there are ‘no plans’ to shut pubs and restaurants in trade-off with school reopenings
Restaurants and pubs will not be required to close again when schools reopen in September, the Housing Secretary has confirmed.
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NewsOver 72,000 businesses sign up to Eat Out to Help Out scheme
More than 72,000 businesses have signed up to the government’s Eat Out to Help Out scheme, which launches today.
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NewsItsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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NewsByron to shed 31 sites following acquisition
Byron will continue to trade from 20 of its 51 restaurants following its acquisition by investment company Calveton.
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NewsDishoom removes £10 Eat Out to Help Out cap
Indian restaurant concept Dishoom has signed up to the Eat Out to Help Out scheme, and will be removing the discount limit.
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NewsEpiris completes CDG acquisition, rebrands as The Big Table
Private equity firm Epiris has completed a deal to acquire Casual Dining Group.
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NewsWelcome Break signs up to Eat Out to Help Out
Motorway service operator Welcome Break has signed up to the Eat Out to Help Out scheme.
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NewsReopening of bowling alleys postponed as PM pauses lockdown easing
The next wave of lockdown easing in England has been postponed for two weeks, the Prime Minister has announced today.
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NewsShake Shack launches DIY burger kit
Shake Shack has become the latest brand to release its own cook-at-home meal box.
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InterviewsBone Daddies co-founder Demetri Tomazos: ‘The rules of the game are being decided by others, all we can do is adapt’
Bone Daddies has never been shy of trying something new. Since its inception in 2012, the then single-site ramen bar has grown into a multi-concept restaurant group, with nine bricks and mortar sites across London under its three brands – Bone Daddies, Shack-Fuyu and Flesh & Buns. So, when the coronavirus crisis forced the business to close its doors back in March, “we saw it as an opportunity to put into practice all the ideas we hadn’t had a chance to do previously,” co-founder Demetri Tomazos tells MCA.
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NewsKFC system sales down 58% in Q2
Yum brands has reported KFC UK system sales fell 58% in Q2 2020 compared to the same period last year. According to the parent company’s latest financial update, sales in the UK business fell 23% for the year to date (to 30 June 2020), a dip that has been attributed to the coronavirus pandemic
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NewsSector investor BGF invests £128m in 24 new companies
Sector investor The Business Growth Fund (BGF) has backed 24 new companies in the first half of 2020, investing a total of £128m in its new portfolio.
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NewsKFC releases first animal welfare report
KFC has admitted to poor animal welfare among its suppliers, and has vowed to improve conditions going forward.
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NewsBBPA calls for VAT cut on beer as European Commission gives green light
The British Beer and Pub Association has called on Government to include beer in its VAT cut for pubs.
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NewsRevolution announces next wave of reopenings
Revolution Bars Group has announced its next phase of reopenings, with eight sites set to open their doors next week.
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NewsSeven Dials Market reopens
Seven Dials Market has announced it will be reopening on Friday (7 August) following five months of closure.
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NewsSugoi JPN plans to open ten sites in 12 months
Japanese-Latin street food concept Sugoi JPN has announced plans to open ten new sites in the capital, two of which have already been secured.