All MCA Insight articles in May 2020 – Page 6
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News
Barburrito to reopen select sites for delivery
Mexican fast-casual concept Barburrito is set to reopen six of its sites for delivery next week, MCA has learned.
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News
Marston’s agrees £70 million bank facility
Marston’s has agreed a £70 million, 180-day, increased bank facility to provide it with sufficient liquidity to support the group beyond the end of the financial year.
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Task forces established for safe reopening
The Government has set up five ministerial-led task forces to develop plans for how and when businesses in closed sectors such as hospitality can safely reopen safely.
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News
Burger King adds Moto sites to openings
Motorway service area operator Moto is to reopen 25 of its Burger King restaurants for takeaway only.
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Neame: ‘Authentic pub experience’ possible with social distancing
Although it may be a long road back to ‘normality,’ pubs will still be able to create a positive consumer experience despite covid-secure control measures, Jonathan Neame, Shepherd Neame CEO has said.
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Analysis & Insight
Goodbody on The Restaurant Group
While Restaurant Group has faced a number of well documented challenges before the advent of the current coronavirus crisis took hold, including the oversupply of branded restaurant chains in the UK, cost inflation, high rents and struggling legacy brands, the closure of the sector for a quarter has presented a ...
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News
New Covent Garden Market finds B2C route via Uber Eats
Uber Eats has become the latest delivery platform to diversify into grocery, with a partnership with New Covent Garden Market.
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Analysis & Insight
Consumers pledge to support local restaurants when lockdown is over
Consumers are planning to spend more in cafés and restaurants when restrictions are lifted, data from Barclaycard shows.
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News
Jane O’Riordan: Delivery is a learning opportunity, not an economic endeavour
The growing number of operators choosing to re-launch or trial delivery in the past few weeks have not done so to make money, but to understand how they might operate in a post-lockdown ‘new normal,’ Jane O’Riodan, chairman of Red Engine, Turtle Bay and Caravan has said.
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News
UKH: ‘Rent issue to be tackled imminently’
Government support on rent is expected to be discussed and finalised in the next couple of weeks, and a debt enforcement moratorium to be introduced imminently, MCA’s The Conversation has heard.
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News
Ten Entertainment well positioned for ‘new normal’
Ten Entertainment Group is reconfiguring its bowling alley sites to make them “covid secure”.
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News
Young’s has £285m of liquidity to handle ‘prolonged closure’
Young’s Pubs has secured £30m under the Bank of England’s Covid Corporate Financing Facility.
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News
McDonald’s announces new raft of openings
McDonald’s UK CEO Paul Pomroy has announced a new wave of reopenings by the burger giant on Wednesday, although at first it will be on a delivery-only basis exclusively via Uber Eats. Orders will also be capped at £25. Pomroy said 15 restaurants in the South East will offer delivery from 11am tomorrow as we “seek to safely reopen our restaurants. We will have a £25 order cap as we adjust to smaller teams and social distancing in our kitchens. I want to reiterate the restaurants, Drive Thrus and their car parks remain closed, we will only be serving food via Uber Eats this week.
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News
JRS extended until October
Rishi Sunak has extended the JRS until October and does not plan to reduce the level of support from the existing 80%. He told parliament that more detail would follow at the end of May, but said he wanted to reassure people they would “continue to receive the same level of overall support as they do now at 80% of their current salary”. He also said there would be no reduction in the existing cap of £2,500 per month.
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News
Subway to open 600 stores
Subway is to open just over 600 stores, a quarter of its UK estate, in a phased reopening plan.
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News
Government guidance released for safe takeaway operations
Following Johnson’s phased reopening announcement on Sunday, the Government has released new guidance to advise hospitality venues on how to operate a safe takeaway service.
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News
Sector-specific furlough extension hoped for this week
A sector-specific extension to the furlough scheme could be announced later this week, UK Hospitality CEO Kate Nicholls has said.
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News
Venues ‘crowded by design’ unlikely to open in July
Hospitality spaces that are ‘crowded by design’ will be unlikely to open at the beginning of July, new details in the Government’s coronavirus recovery strategy have revealed.
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News
Trade bodies call on Government for further pub support
UK Hospitality, the BBPA and the BII have called on the Government to introduce further measures to support pubs through the coronavirus crisis.
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News
Operators continue to reopen for takeaway and delivery
Starbucks, Subway, Chipotle, Caffe Nero and Loungers are among the latest operators to reopen sites for delivery and takeaway services this week.