All MCA Insight articles in July 2020 – Page 5

  • GettyImages-1219502382 (1)
    News

    Extend insolvency act to save businesses - RSM

    2020-07-24T07:22:00Z

    Vast swaths of consumer businesses face collapse unless Chancellor Rishi Sunak extends the insolvency legislation beyond September, RSM has warned.

  • junk food burger obesity
    News

    Calories counts on menus under consideration

    2020-07-24T07:18:00Z

    Restaurants could face new requirements for calorie counts on menus, under far-reaching proposals being considered by the government.

  • pizza express
    News

    Pizza Express to reopen a further 150 sites

    2020-07-23T15:22:00Z

    Pizza Express is set to open a further 150 restaurants by the beginning of August.

  • boxpark east end 2
    News

    Boxpark launches track and trace digital ‘black card’

    2020-07-23T14:50:00Z

    Boxpark has partnered with mobile payment company Pass Kit to launch an integrated pre-registration system.

  • GettyImages-1210333449
    News

    Face coverings mandatory when buying food or drink to takeaway

    2020-07-23T14:03:00Z

    Face coverings will be mandatory when buying food or drink to takeaway from cafes and shops, new government guidance has confirmed.

  • LEON Clackets 1
    News

    Leon to open four new motorway sites

    2020-07-23T09:40:00Z

    Leon has announced the opening of four new restaurants at motorway services in the next few months.

  • GettyImages-1214245347
    News

    Five Guys UK CEO John Eckbert: ‘The rent issue comes down to your own moral compass’

    2020-07-23T07:48:00Z

    The existing rent model doesn’t accommodate for a period of forced closure, so dealing with accrued rental debt comes down to a question of morals, The Conversation has heard.

  • restaurant cafe table
    Opinion

    Huge events, important people and big decisions

    2020-07-23T07:48:00Z

    Where to begin? The events of the last four months have been disastrous for everyone, from the smallest SME to the global economy, not to mention the general public. And the face of hospitality has significantly changed. Since lockdown lifted I’ve been served by people in branded face masks, full face transparent visors and had my temperature taken with a thermo-imaging gun. I’ve been barked at for stepping the wrong way, smiled at for stepping the right way

  • HPL logo
    News

    Hospitality Leaders Poll: Operators vote against passing on price cuts

    2020-07-23T07:48:00Z

    Anyone calling for restaurants to pass the VAT cut onto customers is likely to be disappointed, according to the latest weekly Hospitality Leaders Poll by MCA/HIM. Despite big brands like Starbucks, Nando’s, KFC Pret and JD Wetherspoon saying they would be cutting prices, of the 265 respondents to the weekly poll, all of whom are board level positions or founders of restaurants, pubs and food to go operations, 85% said they would not be passing on the cut.

  • Zizzi interior
    News

    How Azzurri Group went into administration

    2020-07-23T07:48:00Z

    One of the star performers in a competitive casual dining sector, and an even more competitive Italian subsector, Azzurri Group was formed out of the break-up of Gondola.

  • Logistics and shipping warehouse
    News

    David Read: Making money whilst building back from 60% of historic revenues

    2020-07-23T07:48:00Z

    Ask anyone in food manufacturing what the key to EBITDA is, and the answer will almost always come back as “managing gross profit”. But of course, everyone does that already, don’t they? Well, right now it feels like pulling the statement “managing gross profit” apart a bit is a worthy exercise, as the deltas are surprising. Just take for example a pre-coronavirus dining business with a 6% EBITDA margin on £10m revenues. Add just 3% points to GP margin and the EBITDA increases by 50% to £900k. On the other hand, starting from the same 6% point, a 50% increase in sales is required to hit the £900k.

  • Deliveroo pub
    News

    Deliveroo launches table service element to its app

    2020-07-23T07:43:00Z

    Deliveroo has added a table service element to its app so customers in restaurants in pubs and bars can order their food via the Deliveroo app, reducing contact between staff and customers. Over 2,000 restaurants are already using it, and there is zero commission on any orders placed. Deliveroo also said it was seeing a “steady growth” of pubs and bars on its platform, including chains like Mitchells and Butlers, Greene King and Brewdog.

  • Waitress
    News

    One in three hospitality workers could lose jobs, warns PWC

    2020-07-23T07:24:00Z

    PWC has warned that one in three hospitality workers could lose their jobs by the end of the year. It said that workers in “accommodation and food services” were most at risk because of the impact of the coronavirus on trade and the high number of furloughed staff, and predicted that 32% of furloughed staff face redundancy.

  • Eggslut masks
    News

    Eggslut opens second UK outlet

    2020-07-22T16:44:00Z

    Eggslut has opened its 10th location worldwide and second UK outlet in London’s Fitzrovia, at 19 Percy Street. The two level restaurant from the cult brand has worked with street-artist Woskerski and installation experts Bompas and Parr on the interior, and teamed up with regular supply partners Clarence Court eggs, Bread Ahead bakery and Nude Coffee Roasters. The site has launched with the now-familiar social distancing measures, cashless payment, a one-way walking system and plastic screens at tills. All staff will wear plastic gloves and masks.

  • _JGC7601
    News

    D&D receives 963 applications for single role

    2020-07-22T15:32:00Z

    The stark reality for employment in the hospitality industry has been laid bare by D&D London receiving almost 1,000 applications in 24 hours for a receptionist position at its 20 Stories restaurant in Manchester. D&D said it had received 963 online applications for the role before it was closed due to the “unprecedented” interest, which it said showed the dearth of hospitality roles currently available in the industry, as well as the huge rise in unemployment caused by the lockdown.

  • Chilango interior
    News

    Chilango gives notice of intent to appoint administrators

    2020-07-22T14:18:00Z

    Burrito chain Chilango has given notice of its intention to appoint administrators, in a further blow to bond-holders.

  • Deliveroo & Costa Partnership_12.03
    News

    Deliveroo appoints Miller as permanent CFO

    2020-07-22T14:06:00Z

    Deliveroo has appointed Adam Miller as its new chief financial officer.

  • GettyImages-1124650136
    News

    Government guidance released for temporary alcohol licensing provisions

    2020-07-22T13:05:00Z

    The Government has released details of its temporary alcohol off-sales permissions, expected to come info effect in the new Business and Planning Bill by the end of this month.

  • Giraffe exterior
    News

    Boparan removes £10 cap on Eat Out to Help Out offer

    2020-07-22T10:13:00Z

    Boparan Restaurant Group has announced it will be extending the Eat Out to Help Out offer, removing the £10 limit on half price discounts across all of its restaurant brands.

  • Beefeater_2[1]
    News

    Whitbread to open entire restaurant estate next month, joins Eat Out to Help Out scheme

    2020-07-22T07:11:00Z

    Whitbread has announced that its entire restaurant estate will have reopened by the beginning of next month, and all sites will be taking part in the government’s Eat Out to Help Out scheme.