All MCA Insight articles in July 2022 – Page 5
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News
Al fresco dining policy extended in London
The City of London Corporation will continue to offer free pavement licences to businesses until September 2023
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News
Shepherd Neame makes Bournemouth acquisition
The independent brewer and pub operator has secured its first site in the seaside town – takes its total estate to 300 – as it looks to capitalise on the staycation market
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Analysis & Insight
Operators see lfl boost from Jubilee
Managed restaurant, pub and bar groups like-for-like sales were up 5% in June but growth remained below inflation, according to the Coffer CGA Business Tracker
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News
Calls for relaxation of visa laws
Night time economy adviser Sacha Lord wants entry-level hospitality roles placed on the government’s shortage occupation list
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Interviews
On reflection: Ian Payne talks company deals, Covid and celebration cake
Nurturing long-term relationships, a good track record and an understanding that comes from being on the ground, are key to successful deal-making, shares Stonegate’s founder and chairman at MCA’s Pub Conference
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News
Star Pubs appoints central ops director
Caren Geering has replaced Neil Convery as the central operations director for Star Pubs & Bars
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News
Interest rates subject to further hikes
The central bank is likely to raise interest rates to 2% or higher in an attempt to control inflation
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News
Joseph Holt reports slow recovery
The independent pub and brewery operator reported sales are recovering since the pandemic but have yet to catch up to 2019 levels
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News
Chancellor to repeal EU-era laws
In a speech at Mansion House today, chancellor Nadhim Zahawi will commit to reducing inflation and reforming financial services infrastructure
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News
Heatwave forces pubs to close
Steve Alton, head of the British Institute of Innkeeping said many pubs felt they had no choice but to stay closed in order to keep staff safe
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Interviews
Rare Restaurants to expand Gaucho nationwide
The Gaucho and M restaurants operator has identified 36 potential locations for new Gaucho sites, CEO Martin Williams told MCA
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Analysis & Insight
Gross profit down as food costs rise
Average overall costs are up by 10% compared to 2019, with food costs up by approximately 13% and drink costs by 8% over the same period, according to Fourth
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Interviews
Benugo: ‘We're forecasting a good summer’
Commercial director Shane Kavanagh spoke to MCA about evolving the offer and focusing on performing arts venues as the primary arena for growth
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News
BBPA calls on Tory candidates to support pubs
The British Beer and Pub Association has released a new manifesto with measures to help the pub sector navigate current headwinds
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Opinion
David Read: Caught flat-footed
Purchasing and supply, under-resourced as it has been in our sector for years, is now all too frequently out of its depth, David Read, founder & chairman of Prestige Purchasing believes
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News
GDK appoints new CMO
The fast-casual kebab concept has appointed Dr Thorsk Westphal as chief marketing officer amidst plans to open 106 outlets in 2022
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Interviews
Stonegate investments will focus on conversions
The group has an £180m investment programme in place for the current financial year, which would see more than £100k invested in over 150 pubs, founder and chairman Ian Payne told MCA’s Pub Conference
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Interviews
‘Inn Collection have great formula for success’
The group’s strategy of buying undermanaged and underinvested assets was one of the reasons Kings Park Capital decided to back the group for a second time, MCA’s Pub Conference heard
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News
Burger King UK to launch new loyalty programme
Your Burger King will launch on 26 July and will enable customers to acquire points which can be redeemed against 22 menu items
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News
Tipping bill ‘good starting point’ says UKH
The introduction of a Private Members’ Bill which would see hospitality operators forced to hand over all tips to staff has been welcomed by industry bodies.