All MCA Insight articles in June 2023 – Page 5
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InterviewsTim Martin: My successor won’t be a loudmouth like me
The Wetherspoons chairman, speaking on a panel alongside Ian Payne and Bob Ivell at MCA’s Pub Conference, said succession planing was one of the hardest thing to do in business
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NewsSSP revenues driven by air travel
UK & Ireland revenue remains at 94% of 2019 levels, driven by air travel due to the impact of industrial action on UK rail
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NewsWhitbread F&B sales recover in Q1
Whitbread has announced its Q1 FY24 trading update, with total revenue up 19% and total UK F&B sales 10% ahead vs FY23
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Analysis & InsightCost of doing business must be addressed in fight against inflation
The ongoing high costs of doing business need to be “tackled with urgency”, Kate Nicholls, CEO of UKHospitality, has said
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NewsNando’s launches apprenticeship scheme at 200 restaurants
Aimed at for school leavers and young people over 16, it covers customer service, team leadership and personal development
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NewsYO! to expand kiosk partnership with Tesco
The Japanese food brand opened its 300th site with the retailer this week, with a further 35 expected to open this year.
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OpinionDavid Read: 2023: The year of walking on a tightrope
This year is the toughest yet for many hospitality operators, who are struggling to make enough profit to survive. VAT is the answer, argues Prestige Purchasing founder and chairman David Read
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NewsHigh Court rules in favour of PizzaExpress on insurance payout
The High Court has ruled in favour of a group of businesses seeking insurance payouts for Covid-related losses
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NewsInflation remains sticky at 8.7%
UK inflation has remained unchanged at 8.7% in the year to May, matching the figure recorded in April - with core inflation rising to 7.1%
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NewsTRG announces changes to senior team
Mark Chambers, currently CEO of Leisure & Concessions, will be replaced by Jonathan Knight as he takes over the CFO role from Kirk Davis
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NewsBoxpark’s new Boxhall concept gets green light
The approved proposals for the site in the Metropolitan Arcade building on Liverpool Street include 16 kitchen units, two internal bars, and a roof terrace.
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InterviewsJDW’s Tim Martin: ‘There’s no limit to price of pint’
Speaking to Andrew Marr on LBC, the chairman of the pub operator said that pints would “quite probably” go up to £8 and that even high prices were possible.
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Analysis & InsightMay like-for-likes up overall, but bar groups still struggling
Bars saw a drop despite overall like-for-like growth across managed restaurant, pub and bar groups, according to the Coffer CGA Tracker
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Analysis & InsightCEOs least likely to have accessed EDI training
Business leaders are unlikely to have accessed training on equity, diversity, and inclusion (EDI) despite a strong appetite to do so, according to a new report by Be Inclusive Hospitality
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InterviewsAzzurri: ‘We’re looking to replicate Boojum’s success’
CEO Steve Holmes speaks to MCA about its new acquisition, adding a recession-proof brand to the portfolio and being an Italian cuisine group by accident rather than design
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InterviewsMcDonald’s: ‘It’s not about innovation for the sake of it’
The global fast food chain’s Convenience of the Future programme has sought to improve the experience for staff as well as customers, with retention levels up as a result of its rollout, Alison Gillham, vice president, technology and change at McDonald’s UK & Ireland tells MCA
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Analysis & InsightPub closures hit 200-mark in Q1 2023
The number of pubs that have entered insolvency in the past 12 months is up 68% on the previous year, according to accountancy firm Price Bailey
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NewsAslef overtime ban to bring more disruption
Union members at 16 companies will initiate a ban on overtime from 3-8 July, as part of their ongoing dispute over pay.
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Analysis & InsightSigns indicate food inflation could ease
Food and manufacturing production costs fell in Britain last month for the first time in seven years, according to the latest Lloyds Bank UK Sector Tracker.
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NewsHostmore makes non-exec appointment
Célia Pronto joins the TGI Fridays operator as an independent non-executive director. She also becomes a member of the audit and risk, nominations and remunerations committees