All news articles – Page 203
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NewsUK consumer confidence remains near 50-year-low
Britons fear ‘web of uncertainty and turmoil’ as spending cuts and further price rises loom, the Financial Times reports
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NewsCoffee: lower bean prices no relief for caffeine addicts
Despite falling bean prices, the price of a premium takeaway coffee in Britain has climbed 7.9 per cent since January, the Financial Times reports
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NewsUK retail and hospitality groups warn of Christmas staffing shortages
Companies are dealing with wage inflation along with challenges in hiring overseas workers, the Financial Times reports
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NewsUK braces for highest base rate rise in years
Bank of England widely expected to raise rate by 0.75 percentage points early next month, the Mail on Sunday reports
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News
Will the markets get their wish for stability with a new prime minister?
The Times examines the implications of PM Truss’ resignation and the ensuing political instability for markets
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NewsChopstix’s Jon Lake and Pizza Pilgrims’ Thom Elliot to speak at MCA’s Omnichannel Conference
Operators including Chopstix Group and Pizza Pilgrims will appear at the conference on 9 November
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NewsBodean’s BBQ founder to launch sandwich concept
Bodean’s BBQ founder Andre Blais is launching premium sandwich business Gerry’s Hot Subs, and has currently raised £190,000 on Seedrs
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NewsYummy Collection appoints non-executive director
The newly restructured, Anthony Pender-led business has appointed former Punch Pubs MD Paul Pavli as non-executive director
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NewsDeliveroo growth continues to slow amid headwinds
Growth in gross transaction value in the UK & Ireland outperformed international growth in Q3 2022, but declined quarter-on-quarter
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Formula 1, Miznon, Gaucho, Daisy Green, and more
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NewsBoston Tea Party reports loss in 2021
The 25-strong cafe operator reported a drop in sales in the year to October 2021, but stated it is well placed to navigate headwinds in the current financial year
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NewsAnglian Country Inns reports lfl revenue up on 2019
The pub and inn operator reported a 20% rise in like-for-like (lfl) revenue on 2019, with revenue of £14.3m for the 52 weeks ending 3 April
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NewsLumina to deliver exclusive insight on omnichannel opportunity
Blonnie Whist will examine the power of restaurant brands in retail at the MCA’s Omnichannel Foodservice Conference on 9 November
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NewsSessions, Oowee, and Le Bab to speak at Generation Next event
The forum from BigHospitality, Restaurant Magazine and MCA will feature a range of up-and-coming businesses
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NewsUKH: ‘We are at risk of an inflationary spiral’
Sky-high levels of inflation are putting the sector under huge pressure and could even lead to higher prices, UKHospitality CEO Kate Nicholls has warned.
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NewsCaffè Nero reports strong Q1 sales
Sales in the four months to the end September 2022 were at 107% of pre-pandemic levels, with the coffee chain planning for seven new UK openings in Q2
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NewsCaprice CFO departs
Chris Robinson has been replaced by Humera Afzal, who will oversee all Caring-backed restaurants, including The Ivy Collection, Bill’s, Birley Clubs and those in the Caprice stable
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NewsPeckwater acquires ex Bird site
The 3,200 sq ft space in Shoreditch will serve as a restaurant, development kitchen and engagement centre for Stonegate-backed virtual restaurant company
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NewsNando’s appoints new group CFO
The restaurant chain has appointed Matthew Edward Bennison as its new group chief financial officer, taking over from Luke Tait.
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NewsFurther rail strikes announced for November
Workers will walk out on 3, 5 and 7 November, with the unions threatening mass strikes heading into the winter