All news articles – Page 243
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Vagabond Wines to open first airport site
The £1.2m invesment will launch at Heathrow Aiport on 19 May and add to the wine bar’s estate of 10 sites
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C&C sells stake in Admiral Taverns
The Bulmers supplier disposed of its minority interest in the pub company for £55m to Proprium Capital Partners
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Prezzo builds out senior team
Dean Challenger has been appointed to the role of CEO, having previously served as chief operations officer and finance director
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Bank of England warns of ‘apocalyptic’ food price rises
Prices are rising at the fastest rate in 30 years, with a risk of double-digit inflation before the end of the year, Bank of England governer Andrew Bailey told MPs
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Greggs 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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McDonald’s invests £250m in restaurant remodelling
The Convenience of the Future upgrade programme will see McDonald’s UK&I shake up the way its restaurants operate to reflect the multiple ways customers order
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Gig 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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India 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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Johnson 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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McDonald’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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Government 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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Two 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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Ukraine 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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Adventure 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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Adnams 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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Missed 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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Popeyes 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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Openings of the week
MCA rounds up the latest on new openings, featuring Fridays, The Ivy Asia, Mayfair and CrêpeAffaire
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Deliveroo 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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Hospitality spending rises despite falling confidence
The increase in discretionary spending is forecast to continue despite a deterioration of consumer confidence, Deloitte research reveals