All MCA Insight articles in March 2020 – Page 4
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NewsA tale of two markets – and the search for some out of home good news?
The contrast between the sales highs of the supermarkets and the all-time lows of hospitality and foodservice could not be starker at this moment in time. But surely fortunes must turn? Unfortunately, we live in unprecedented times with chronic uncertainty. To their credit, governments around the world are intervening and taking previously unimagined steps to help mitigate the prospect of a worst-case scenario.
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Analysis & InsightAnalysts’ verdict: Goodbody on the leisure shutdown
With the pubs and restaurants now closed the remainder of the leisure sector saw further restrictions last night with collection and delivery now also being impacted.
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NewsDoubts emerge over loan scheme
Doubts have emerged over the government’s loan scheme, with bank applications insisting on director personal guarantees.
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NewsJDW accused of abandoning staff
JD Wetherspoon has been accused of abandoning its 43,000 staff after boss Tim Martin insisted the chain could not afford to pay them during the coronavirus crisis until the company was reimbursed for their wages by the government.
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NewsPubs can serve hot food for takeaway and delivery
Pubs will still be able to sell food for delivery and takeaway while closed to the public, the government has confirmed to The Morning Advertiser.
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NewsRoadchef to continue ‘as long as possible’ after Mcdonald’s and Costa closures
Roadchef has vowed to carry on serving food on the nation’s road network, despite the loss of McDonald’s and Costa Coffee.
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NewsLeon: 'We have to do the right thing’
Leon has pledged to remain open to feed NHS and other key workers as scores of other operators wind down operations.
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NewsDishoom, Burger King and Caffé Nero remove to-go and delivery options
Dishoom, Burger King and Caffé Nero are among the latest operators to announce a full estate-wide closure, removing collection, takeaway and delivery options.
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NewsOperators continue to offer support to NHS and the vulnerable
As Leon continues to add additional layers to its community support campaign, London-based operators Labtech London, Farmer J and Crosstown Doughnuts have also announced new initiatives to support communities throughout the city.
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NewsBarclaycard extends contactless limit to £45
Barclaycard is extending its contactless limit to £45 from 1 April 2020 as the UK enters lockdown.
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NewsTfL follows Network Rail and cancels first quarter rents
Transport for London (TfL) has cancelled rent payments for small and medium-sized businesses on its estate from 25 March to 23 June.
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NewsClarity over eligibility for corporate finance scheme
Hospitality business which do not have a credit rating should not be discouraged from applying for the Covid-19 Corporate Financing Facility, the Bank of England has confirmed.
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NewsDeliveroo partners with M&S for food delivery
Deliveroo has announced a new partnership with BP and Marks & Spencer Food as UK lockdown commences.
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NewsCommercial tenants protected from eviction
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
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NewsSupport needed for ‘vital’ takeaway and delivery services during lockdown
Restaurants and cafes will continue to be able to offer food delivery and takeaway under exemptions to the UK lockdown, the government has said.
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NewsUK enters lockdown
The PM has put the UK on lockdown for a minimum of three weeks. “People will only be allowed to leave their home for shopping, for basic necessities as infrequently as possible, one form of exercise a day, any medical need, to provide care or help a vulnerable person, and travelling to and from work only where it’s absolutely necessary,” he said.
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NewsWhy are big brands abandoning takeaway and delivery?
Takeaway and delivery last week emerged as a possible silver lining to the biblical storm clouds posing an existential threat to the restaurant and bar industry.
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NewsThree-month protection for commercial tenants
The Chancellor is expected to announce protection from forfeiture for commercial property tenants, in a key win for hospitality campaigners.
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NewsGreggs slashes outgoings
Greggs is completely shutting its entire estate in order to protect its people and customers, it has announced.
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NewsSubway, Tortilla, Pure and Wahaca to shut down entirely
Subway and Tortilla will close all of their restaurants for delivery, takeaway and collection today.