All MCA Insight articles in May 2021 – Page 9
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News
Outlook still challenging for listed hospitality companies
The outlook for UK-listed hospitality companies remains challenging despite a decline in profit warnings of 90% during the first three months of 2021, according to the latest analysis by EY-Parthenon.
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News
Pubs poised to bring back drinking at the bar
Senior leaders at some of the UK’s biggest pub companies are gearing up for customers to be able to drink at the bar from 21 June, the Telegraph has reported.
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News
Zero Carbon Forum names advisory board line-up
Non-profit organisation Zero Carbon Forum (ZCF) has appointed a new advisory team to act as a collective voice for the hospitality sector in its mission to define and implement a roadmap to net zero emissions.
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Analysis & Insight
Property focus: Race to the suburbs?
Is there really a race for space in the suburbs and market towns? And what other factors are driving the current property market? MCA deputy editor Georgi Gyton takes a look at the current landscape and how it might play out over the coming months
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Interviews
Asahi: ‘People are being more moderate with their alcohol intake’
It’s an interesting sign of the times when the director of a major alcohol supplier talks at length about moderation.
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News
Island Poké to treble UK estate with new franchise partners
Island Poké has signed up its first two UK franchise partners, with a planned development pipeline of 23 new sites over the next five years – three times its current UK footprint.
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News
Byron owner snaps up Mother Clucker
Fried chicken brand Mother Clucker has been acquired by Famously Proper, the owner of Byron.
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News
Grosvenor backs JKS concept
Landlord Grosvenor has announced its first investment in a new tenant, with a loan to JKS Restaurants’ latest concept, Bibi, at 42 North Audley Street in Mayfair.
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News
Asahi acquires Allpress Coffee
Asahi has acquired Allpress, the speciality coffee company with a presence in the UK, New Zealand Australia, Japan and Singapore.
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News
Nightcap acquires Adventure Bar Group
Nightcap, the recently formed bar and late-night group, has secured its second acquisition with an agreement to buy Adventure Bar Group, the operator of Bar Elba, Blame Gloria, Luna Springs and Tonight Josephine.
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News
High Court rules against Lord and Osmond
The High Court has ruled in favour of the government in the case brought by Sacha Lord and Hugh Osmond.
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News
UKH warning over £2.5bn rent debt
Ahead of submitting its formal evidence, UKHospitality has written to the government urging it to adopt its proposals to help tackle the £2.5bn rent debt crisis that threatens to wreck the hospitality sector’s recovery and risks further widespread job losses.
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News
Greene King extends available loans to £1.5bn
Greene King reports it remains well capitalised, with the upsizing of its revolving loan facility increased financial flexibility from parent company CKA Holdings to £1.5bn.