All MCA Insight articles in June 2022 – Page 7
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Interviews
Kurt Zdesar on mastering nikkei cuisine
The founder of Chotto Matte and Ping Pong Dim Sum speaks to MCA about his ambitious expansion drive and introducing Japanese-Peruvian cuisine to the world
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News
Thwaites records positive performance
The tenanted pub company returned to profit in the year to 31 March 2022 and has emerged from the pandemic in a “strong financial position”, chairman Richard Bailey said.
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News
Whitbread on its way to post-pandemic recovery
The Premier Inn operator announced a strong bounce back in food and beverage sales, alongside rising occupancy levels
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News
Inglenook Inns & Taverns completes ‘significant investment’
Inglenook Inns & Taverns has acquired nine freehold pubs from Bolton-based pub company Tonge Leisure, bringing its freehold estate to 55 pubs
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Analysis & Insight
Late Night Levy still a cause of concern and frustration
Almost ten years on from its introduction there are renewed calls for the levy to be abolished with a fresh approach to licensing needed in a post-Covid world.
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News
KFC appoints new GM
KFC UK & Ireland has appointed former CMO Meg Farren as its new general manager, following the departure of Paula MacKenzie earlier this year.
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News
Staff shortages at record high
The sector currently has a record high of 174,000 available jobs, with 83% more vacancies than in March-May 2019, according to the ONS
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News
Pret to launch in Spain and Portugal
Pret A Manger has reached an agreement with Ibersol Group to launch Pret in Spain and Portugal as it looks to grow its international reach.
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News
Ynyshir named the Best Restaurant in the UK
The Welsh restaurant, led by Gareth Ward, took the top spot at The Estrella Damm National Restaurant Awards 2022, hosted by BigHospitality
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Analysis & Insight
Confidence in business prospects sees ‘noticeable dip’
Seventeen percent of respondents said they were ‘very confident’, compared to 28% in October/November 2021, according to Haysmacintyre’s latest poll.
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News
Revolution confident of beating market expectations
Revolution Bars Group has said that following strong trading over the Jubilee Bank Holiday its board is confident of delivering adjusted EBITDA of +£10m
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Analysis & Insight
Inflation outpaces market growth
The UK eating out market is forecast to reach £95.2bn in value this year – a 4% increase on its 2019 value, according to the new Lumina Intelligence Eating Out Market Report 2022
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News
Israeli celeb chef secures UK debut
Miznon founder Eyal Shani has secured two London sites, one for his Mediterranean-inspired street food brand, and another for a more high-end concept
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Interviews
Busaba: ‘The business is in better shape than pre-pandemic’
The Thai restaurant group is looking to grow, despite “a loop of fresh challenges”, managing director Terry Harrison has told MCA.
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News
Peckwater Brands raises £15m
The virtual restaurant brand operator received backing from Stonegate, SoftBank, Fuel Ventures, Pembroke VCT
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News
Popeyes kickstarts national rollout with six sites
The Louisiana-based fried chicken chain has announced plans to open six sites, followed by hundreds more over the next decade
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News
Dimbleby: Food strategy must be bolder
Henry Dimbleby, the author of a landmark review of England’s food system, has called for more radical action to address climate change and obesity
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Analysis & Insight
Restaurant losses grow to £800m
According to analysis from accountancy firm UHY Hacker Young, losses at the top 100 restaurants increased by 24% in the last six months
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News
UKH appoints skills director
Sandra Kelly, previously UK director at People 1st International, will help deliver UKHospitality’s recently launched workforce strategy
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Analysis & Insight
Gen Z prefer mobile payments
Research by Marqeta found 96% of UK consumers made at least one contactless payment in 2021