All MCA Insight articles in July 2021 – Page 2
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News
Vaccine passports ‘forced through’ cabinet
The vaccine passports plan for nightclubs was forced through despite a majority of ministers calling for it to be postponed at a meeting just hours before it was announced, The Telegraph reports.
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News
Pingdemic reaches peak
The ‘pingdemic’ is believed to have peaked as cases ease up, though operators have been warned to expect a difficult few weeks ahead.
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News
Sacha Lord: Vaccine passports will be dropped
Sacha Lord has predicted vaccine passport for nightclubs are a ploy to get young people vaccinated, with no intention from the government of actually implementing them.
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Analysis & Insight
Admiral and Hawthorn ‘made for each other’
Originally announcing plans to go public as a standalone company in April, in the event it was a trade buyer that sealed the deal for Hawthorn.
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Analysis & Insight
EU workers at lowest level for past five years
The proportion of hospitality workers from the EU has fallen to its lowest level in the UK in the past five years, according to the latest data from software provider Fourth.
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News
Hear from Simon Potts and Sacha Lord on The Conversation today
Join us for today’s edition of The Conversation, featuring Simon Potts, chief executive at The Alchemist and Sacha Lord, night time economy adviser for Greater Manchester.
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News
Admiral Taverns to acquire Hawthorn in £222m deal
Admiral Taverns has reached an agreement to acquire community pub company Hawthorn from parent company NewRiver, for a cash consideration of approximately £222.3m.
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Analysis & Insight
Marston’s described as ‘top value play’
Marston’s has been described as a ‘top value play’ by analyst Peel Hunt, in a note preceding the brewer and pub operator’s third quarter trading statement due out on 28 July.
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Analysis & Insight
Delivery and takeaway sales nearly triple pre-Covid levels
Data from CGA indicates deliveries and takeaways draw more than a third of managed groups’ sales, with June income up 225% compared to June 2019. Volumes of delivery now exceed that of combined takeaways and click and collect orders.
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News
Simon Potts and Sacha Lord on next Monday’s The Conversation
Simon Potts, chief executive at The Alchemist and Sacha Lord, night time economy adviser for Greater Manchester will join MCA’s The Conversation on Monday (26 July).
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Analysis & Insight
Loungers could up 25 new openings a year target
Loungers’ is exploring the possibility of moving beyond its target rate of 25 new site openings per year, according to analyst Berenberg.
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News
Government still committed to Covid passports
The government is standing firm on its decision to implement vaccine passports as a condition of entry to nightclubs, despite a huge backlash from some Conservative MPs.
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Article
MCA’s August digital edition is out now
The August digital edition of MCA is available to read now.
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News
‘Negative test worth more than vaccine’
The plan to mandate vaccine passports for entry into nightclubs could be in trouble after Labour suggested it could join Tory rebels to vote against the move.
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Interviews
Brasserie Bar Co’s Mark Derry: ‘The sector is being strangled by tax’
The potential for the hospitality sector to grow and contribute more positively to the coffers of the treasury is being held back by businesses’ ever-increasing cost base, according to Mark Derry, executive chairman at Brasserie Bar Co.
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News
UKH: ‘Challenges remain around seeing hospitality as a career of choice’
Discussions with government about fixing the long-term staffing crisis are improving following the launch of Minister Scully’s Hospitality Strategy, UKHospitality’s director of strategic affairs Tony Sophoclides has said, but there are still challenges to overcome.
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News
‘Cautious optimism’ in pub and restaurant markets
Christie & Co’s Mid-Year Review has reported cautious optimism in pub and restaurant property markets, with demand outstripping supply. Rural, coastal and tourist-led locations are attracting most attention. Within restaurants, the franchise model continues to show strength.
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News
All hospitality businesses currently recruiting, says poll
One hundred percent of hospitality businesses are currently looking to fill vacancies, according to new research from UKHospitality and pub trade bodies the British Beer & Pub Association and the British Institute of Innkeeping.
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Interviews
Loungers: ‘It’s a great time to be growing the business’
Loungers is looking to capitalise on the “really strong new site opportunities” it is finding in the property market, as it gets back to its pre-Covid run rate of 25 new site openings a year, chief executive Nick Collins has told MCA.
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Interviews
Côte: ‘We want to make this a beautiful thing’
Côte executive chair Jane Holbrook is looking to ‘do a Wagamama’ on the French brasserie brand and make it one of the stand-out performers in the market. Joining last year with new owners Partners Group – an acquisition which won Deal of the Year at MCA’s Retailer’s Retailer Awards – she shares her vision for the restaurant group, and why it must become more relevant and contemporary to win over a new generation of customers.