All MCA Insight articles in June 2022 – Page 9
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Interviews
Funghis: harnessing the power of fermented mushrooms
As the Wogan brothers prepare to launch a plant-based Homeslice in Shoreditch with Neil Rankin, the trio explain why they’re on a mission to make meat-free guilt-free
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News
UKH: Revamped immigration laws would ease staffing shortages
More readily available work visas would go a long way in helping the sector, CEO Kate Nicholls said at the Summer Conference
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Interviews
City Pub Group: ‘Success breeds success’
Executive chairman Clive Watson speaks to MCA about being more sales-focussed following two-and-a-half years of Covid
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News
Virtual Hero to open 200 sites under Sides
The virtual fried chicken brand from YouTube supergroup The Sidemen is on course to open a further 50 locations in the UK, as well as launch into the US
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News
Punch brings Ukrainian beer Chernigivske to UK
Part of the pub company’s support of humanitarian relief efforts in Ukraine, proceeds made on the sale of the beer will be donated to the Sanctuary Foundation (Dr Krish Kandiah)
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News
CGA acquired by NielsenIQ
The acquisition builds on NielsenIQ’s 2009 investment in CGA and aims to deliver “the most innovative and granular” alcoholic beverage measurement and insights solution
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Analysis & Insight
Young willing to spend on sustainable brands
The cost of living crisis has yet to deter young consumers from spending more on brands with green credentials, according to research from CACI
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News
City Pub Group sees ‘strong sales momentum’
Like-for-like sales have continued to strengthen faster than predicted, with May 2022 5% ahead of May 2019
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News
McDonald’s urged to act on plastic
Shareholders representing more than 206 million shares supported a proposal asking the company to reduce packaging pollution
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News
Fresho raises £8m in Series A funding
The platform provides solutions for chefs to choose exact quantities for their needs in an online shopping experience specifically tailored to the B2B food industry
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Analysis & Insight
City bounce-back defies commentary
The number of people tapping from the 15 City of London tube stations, including Bank, Farringdon, Holborn and Mansion House, is at its highest point since the start of Covid
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News
Fulham Shore reports strong trading at new sites
The Franco Manca and The Real Greek operator has introduced menu inflation and negotiated rent reviews to mitigate industry-wide cost pressures, along with 10 new restaurant openings in the financial year
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Event News
UKHospitality: Government needs to help sector attract investment
A lack of coherent strategy to tackle the cost of living crisis is negatively impacting investment into the sector, UKHospitality’s Summer Conference heard yesterday.
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Analysis & Insight
Jubilee week footfall up 17%
High streets saw the strongest performance at 3.1% growth and, in London, footfall improved by 4.4% over the Jubilee weekend, according to the BRC-Sensormatic IQ data
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News
Pret announces launch in Canada
The sandwich and coffee chain will embark on a two-year trial phase with A&W Food Services to introduce the Pret brand in Canada
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News
London scheme to make streets vibrant at night
The Mayor of London has announced a £500,000 programme to create Night Time Enterprise Zones in the capital to help support London’s economic recovery
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News
Hawksmoor sets sights on Dublin
The steak restaurant group is set to open early next year on the former National Irish Bank in College Green
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Analysis & Insight
Hospitality spending soars during Platinum Jubilee
While transaction volumes rose over the weekend, living costs are pushing consumers to rein in discretionary spending, according to Barclaycard
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Analysis & Insight
62% of tied tenants are happy with pubcos
The Pubs Code Adjudicator report found Admiral Taverns has the most satisfied tenants at 80%, while just 13% are dissatisfied
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News
Liberation Group achieves £9.5m profits
The pub company and brewer generated almost the same level of EBITDA as the financial period before the pandemic and invested £9.6m in capital expenditure