All news articles – Page 194
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Treasury accused of blocking pay rise for rail staff
The Treasury is said to have blocked a pay deal that would have prevented strikes over the holiday period
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Barkby Group looks to dispose of pub estate
In a trading and strategy update, the group announced it is looking to dispose of its nine pubs
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Just Eat to reorganise customer service operations
The delivery company is to close a customer service centre in Hertfordshire to help it towards profitability
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‘We are not even full for Christmas’ – England’s restaurants count their lost bookings
The cost of living crisis has deterred customers just as cost of food ingredients, energy, rent and wages surge, The Guardian reports
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Nando’s cuts losses but recovery slowed by inflation and supply chain pressure
Chief executive Rob Papps said the chain expects 2023 to be ‘another volatile year’, the Evening Standard reports
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Oaktree Capital injects additional funding into Redcat Pubs Company
Oaktree Capital has injected additional funding into RedCat Pubs Company, founded by Rooney Anand, Sky News reports
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Elias Diaz Sese wants Domino’s to have large slice of takeaway market during World Cup
Interim CEO Elias Diaz Sese is hoping that demand during the World Cup will break records, the Daily Mail reports
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Salad days are over as farmers can’t afford to grow veg
Shortages of British crops including cucumbers, peppers, and tomatoes are expected in the coming months, the Sunday Times reports
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How can Britain solve its post-Brexit labour shortage?
Employers not main driver of latest surge in immigration, nor would loosening rules solve all problems, the Financial Times reports
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Drake & Morgan appoints advisors
The London-based bar and restaurant group has confirmed it has appointed Sapient Corporate Finance as it assesses its strategic options
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Veeno: ‘We’re finding locations with opportunities’
The wine bar group is opening two locations in Darlington and Milton Keynes next year, while looking to expand its presence in Scotland, owner Rodrigue Trouillet tells MCA
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Côte reports progress on growth plans
Côte Restaurant Group reported a turnover of £72.7m for the year ended September 2021, plans to open two new venues as well as an in-house butchery and development kitchen
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Savills appointed to market three London pubs
London-based pub group Harcourt Inns has appointed Savills to market three freehold pubs in London
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Pavli takes another NED role
Former Punch Pubs MD Paul Pavli has taken on the role of non-executive director at live music platform GigRealm
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Delivery and brewery workers vote to strike over Christmas
Greene King pubs, as well as chains including KFC, Burger King, Pizza Hut, and Wagamama, will see shortages due to strikes
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Six in ten operators concerned about staff shortages over Christmas
Many operators are increasing wages or reducing covers and trading hours to cope, according to a survey by KAM and Hospitality Rising
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JKS confident in navigating recession
The operator has said it has “a plan to navigate” the current trading climate, with financing arrangements made following the pandemic
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Tim Hortons doubles drive-thru estate within one year of UK launch
The Canadian QSR brand will open its 50th drive-thru in Watford on 28 November, and is targeting 40 new sites for 2023
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Giggling Squid, Gusto Italian, Barrio, and more
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Yummy Collection reports loss in bookings due to strikes
Non-executive director Paul Pavli has said the group lost out on £70,000 across two sites following the announcement of strikes