All MCA Insight articles in May 2022 – Page 6
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Analysis & InsightInflation edging closer to double figures
Figures from the Office for National Statistics, due to be published on Wednesday, are expected to show that inflation rose from 7% in March to 9.1% last month
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Analysis & InsightNumber of PE deals double in leisure space
UK-only businesses have been trading at a discount to their international peers, so have become particularly attractive to PE funds, global law firm Mayer Brown reports
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NewsGreggs achieves 27% lfl rise
The food to go retailer said sales in larger cities and office locations continued to lag behind the rest of the estate but that transport hubs had shown a marked increase in activity in recent weeks
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NewsGig economy union calls Deliveroo’s union deal into question
The Independent Workers Union dismissed the agreement as a ‘cynical backroom deal’, the Evening Standard reports
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NewsIndia bans wheat exports to deepen global food crisis
The world’s second-largest wheat producer banned exports amid supply issues caused by the war in Ukraine, the Telegraph reports
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NewsJohnson delays plans to ban multibuy deals on unhealthy food
The government has pushed back plans to roll out its anti-obesity strategy amid the cost of living crisis, the Financial Times reports
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NewsMcDonald’s faces showdown with investors over antibiotics in its beef
Investors are preparing to challenge McDonald’s over health fears at its annual meeting, the Daily Mail reports
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NewsGovernment outlines plans to ease genetic modification bans amid climate crisis
DNA modification is a solution for UK farms is to ensure secure and sustainable supplies, the Guardian argues
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NewsTwo in five Brits are buying less food amid cost of living crisis
ONS survey reveals worsening effects of the crisis, with food prices up by 9%, the Guardian reports
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NewsUkraine war adds to pressure on UK fish and chip shops
Supply issues affecting white fish and cooking oils are taking their toll on fish and chip shops, the Financial Times reports
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NewsAdventure Bar Group appoints first marketing director
Nightcap has appointed Stonegate’s Alan Armstrong as marketing director at its Adventure Bar Group business.
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NewsAdnams sees demand return to 2019 levels
At its AGM yesterday, chairman Jonathan Adnams said the business had “successfully navigated the pandemic”
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NewsMissed opportunity for business rates
The Queen’s Speech was an opportunity for proper reform and to reduce the burden on hospitality and retail, claims Colliers
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Analysis & InsightImpact of Deliveroo’s union deal called into question
Following the announcement of the “historic union recognition deal” between Deliveroo and GMB, MCA asks what the real impact might be of the move by Deliveroo and its implications for the wider courier model
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NewsPopeyes Stratford breaks sales records
The brand’s UK debut at Westfield is the top performing Popeyes store in the world in terms of sales, CEO Tom Crowley told MCA
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InterviewsVarious Eateries: ‘There is no need to go hell for leather’
The Coppa Club operator may have several site opportunities on the cards but expansion will be slow and steady, CEO Yishay Malkov tells MCA
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NewsOpenings of the week
MCA rounds up the latest on new openings, featuring Fridays, The Ivy Asia, Mayfair and CrêpeAffaire
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NewsDeliveroo signs union deal covering 90,000 riders
The deal gives the GMB union rights to collective bargaining on pay, along with consultation rights on benefits and other issues
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NewsHospitality spending rises despite falling confidence
The increase in discretionary spending is forecast to continue despite a deterioration of consumer confidence, Deloitte research reveals
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NewsFinding a balance between digitisation and personalisation
MCA brought together a variety of operators at its recent Hostech conference to understand the sector’s progress in its digital journey