All news articles – Page 217
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News‘Viable businesses face ruin’
The leaders of Pret, Itsu, Pizza Hut and KFC have called for “decisive urgent action” on VAT for businesses facing unprecedented short-term headwinds
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NewsTruss plans ‘bold’ energy freeze for business and consumers
The new PM is expected to announce a cap to the cost of gas used for electricity and heating, which would commit the government to paying the country’s energy bills above a certain point to stop widespread insolvencies and hardship
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NewsYou Me Sushi looking to treble estate
The predominately London-based business is looking to grow its estate three-fold in the next two years as it looks to expand through franchising
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NewsBook your tickets for MCA’s Restaurant Conference
Hear from leaders in the sector, including Jens Hofma, CEO, Pizza Hut Restaurants UK; Jyotin Sethi, CEO, JKS Restaurants and Laura Harper Hinton, co-founder and CEO, Caravan.
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NewsCovid-style support needed for UK businesses
Energy UK, a lobby group for the energy industry, has called on the UK government to introduce Covid-style support schemes for help businesses cope with the rising cost of gas and electricity
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NewsThousands of late-night operators call for support
More than 6,000 letters have been sent to MPs from night time economy and hospitality businesses calling for an emergency support package from government, the NTIA has said, as operating costs become “untenable”
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NewsPRET-flation! How lunchtime and pub favourites have soared in price
Britons are now having to fork out more for their favourite snacks and lunches due to soaring prices at popular high street chains, MailOnline reveals
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NewsUK pubs must hike pint prices to £20 or face closure this winter
Running costs for pubs are set to increase by 500-600%, putting a huge number at risk of closure, says Tom Stainer, chief executive of real ale campaign group CAMRA
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NewsPatisserie Valerie closes nine sites
The closures leave the Causeway Capital-backed brand with just 30 sites – down from a high of nearly 200 in 2017
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NewsFoodservice performs for EG Group
Year-on-growth of 11% in gross profit was achieved within its foodservice operations in Q2, boosted by the contribution from recently acquired Leon and Cooplands Bakery
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, with new venues from Tonight Josephine, Sessions, Blank Street Coffee, and more
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NewsStarbucks names new CEO
Laxman Narasimhan, the outgoing head of UK consumer goods group Reckitt Benckiser, will be charged with executing the reinvention strategy designed by Howard Schultz
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NewsCAMRA calls for changes to Pubs Code
Fundamental changes are needed to the Pubs Code for England and Wales, according to CAMRA, which has ‘serious concerns’ about its operation
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NewsChancellor draws up emergency business rescue plans
Nadhim Zahawi is working on plans for a multibillion-pound package of targeted reductions in VAT and business rates to help the retail and hospitality sectors
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NewsRed Oak appoints property & acquisitions director
Red Oak Taverns has strengthened its senior team with the appointment of Graeme Bunn as property & acquisitions director
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NewsAlbert’s Schloss confirms Liverpool venue
Mission Mars’ Bavarian beer hall and all-day dining concept is taking over a former food market at Radiant House, at 18-26 Bold Street, following a £3m investment
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NewsMEATliquor announces closure of Clapham site
The burger concept has closed its restaurant in London’s Clapham Old Town but is due to open another two restaurants in London this year
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NewsVegan meat producer raises £62m investment
Swiss-based Planted is being backed by L Catterton, the private equity division of LVMH, known for Louis Vuitton, Moët, Hennessy and Dior.
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NewsPM Truss could slash business rates
The Tory leadership frontrunner is considering extending rates relief from premises with a rateable value of £15,000 to those valued at £25,000.
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NewsMartin Williams: ‘The restaurant industry is on a knife edge of collapse’
The CEO of Rare Restaurants has called for urgent government support, including a reduction in business rates and a reversal of the VAT increase