All news articles – Page 216
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300 CEOs call for urgent government support
Operators including Mitchells & Butlers, Pizza Hut UK, and Caffe Nero have signed a letter to chancellor Kwasi Kwarteng asking for urgent intervention
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Incipio Group reports two new additions to board
The Pergola and Lost in Brixton operator has appointed Ian Edward and Archie Ward as non-executive directors
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Heineken buys remaining shares in Beavertown
As part of the agreement, founder Logan Plant will step down as CEO and take on a new advisory role, with Jochen Van Esch becoming managing director
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Tortilla to speak at The Big Hospitality Expo
Organised by MCA’s publisher William Reed, the three-day event opens its doors on 26 September at Olympia London
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PM preps energy bailout package
Liz Truss has described the hospitality industry as “vital” and pledged to support the sector through the energy crisis. She is expected to unveil a £150bn package of support today, including an estimated £40bn-£60bn for businesses
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KFC partners UK Youth on employability programme
Hatch is designed to support disadvantaged young people into employment and provides one-to-one support, group training and work experience placements
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Zero Carbon Forum offers free energy guidance
The nonprofit is offering resources for its Save While You Sleep initiative for free to help operators reduce their energy usage
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TRG reports slow recovery
The Wagamama and Barburrito operator reported like-for-like sales up 4% on 2019 and profit before tax of £10.2m, up from a 2021 loss of £19.9m
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Wetherspoon to slash prices to highlight tax disparity
Pubs across will be cutting the price of all food and drink by 7.5% next Thursday to show the benefit of a permanent VAT reduction
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Markets buoyed by prospect of energy price freeze
Shares in JDW, Greggs, Domino’s, and Mitchells & Butlers are among those that rose as markets reacted positively to the prospect of emergency support
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Greene King launches new maternity leave policy
The new policy entitles salaried team members to full pay for the first 26 weeks, which the pub operator claims is one of the most competitive in the sector
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Delli raises $7.2m
The online deli platform, from the founder of fashion marketplace Depop, aims to achieve a similar in food & beverage
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McDonald’s to appear at MCA’s Restaurant Conference
Chief operating officer Gareth Pearson will share learnings from the brand’s £250m Convenience of the Future programme
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Truss set to announce support package for businesses
In a £40bn package, the new PM is expected to either set an energy price cap for businesses or introduce a price reduction
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Itsu announces 13% pay rise for all staff
The Asian-inspired chain will increase pay for the +1,200 staff at its equity-owned restaurants, with the entry level rate to rise to £11.50 per hour
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In pictures: 1920s-inspired interiors at Browns Beaconsfield
Browns Brasserie & Bar has reopened its Beaconsfield location following a major refurbishment with 1920s-inspired decor
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Industry bodies call for urgent support
UKHospitality, the Night Time Industries Association, and the British Beer and Pub Association appealed to the new PM
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Rekom UK in ‘rude health’
The late night operator said its target audience of 18-24 made it less likely to feel the impact of a pending recession compared to businesses with an older demographic
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Rekom makes further Cardiff acquisition
The late-night bar and club operator has acquired Story nightclub, which will become its fifth venue in the city
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Peckwater secures £14m on Seedrs
Backed by Stonegate Group and SoftBank Investments, the virtual restaurant operator launched the crowdfunding round yesterday with a pre-money valuation of £50m