All news articles – Page 284
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NewsBars sales up 36% at Brighton Pier Group
Its late-night bars were almost entirely closed throughout the 52-week period to 27 June 2021, with revenue down 86% to £1.3m, but trading has been strong since reopening in July.
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NewsMCA’s November edition out now
This month’s edition features analysis of Tortilla’s recent listing, Burger King UK’s possible flotation and exclusive interviews with former Marston’s CEO Ralph Findlay and Pret’s Pano Christou
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NewsLast chance to secure your place at MCA’s Restaurant Conference
There are still a few tickets remaining for MCA’s Restaurant Conference this Wednesday (3 November), so don’t delay, book today.
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NewsSpitalfields still on the cards for Time Out Markets
The group is awaiting the outcome of a Listed Building consent application but is looking to open the Spitalfields site in 2023
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NewsSunak to reconsider limits on beer tax cut
Chancellor Rishi Sunak is under pressure to change the limit on the size of beer barrels included in the new tax cut to 20 or 30 litres.
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NewsNew COO at Bill’s
Bill’s Restaurants has appointed former Côte Brasserie ops director Rebecca Tooth as its new chief operating officer.
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NewsBoost Juice settles £6m in loans
Parent company TD4 Brands has reached an agreement with its funder BGF to settle its outstanding loan notes
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NewsBusiness rates relief will have ‘limited benefits’
The Chancellor’s Budget announcement has been described as “underwhelming” as it is limited to a maximum discount of £110,000.
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NewsUK leads McDonald’s international growth
Delivery, digital and strong marketing promotions have seen McDonald’s UK business deliver strong double-digit sales growth
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NewsVarious Eateries reports very encouraging trading
Like-for-like revenue across the Coppa Club estate was up 21% from 17 May to 3 October 2021 compared to 2019
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NewsNew chairman for The Restaurant Group
The Restaurant Group has announced Ken Hanna will join the board, beginning his role as chairman on 1 January 2022.
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NewsRekom eyes up four Danish brands for UK openings
Rekom UK is to bring Heidi’s Bier Bar to Cardiff in the coming months and has plans to open other venues under three further brands operated by its Danish parent company.
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NewsSunak: ‘Challenging backdrop of rising inflation’
Chancellor Rishi Sunak has warned inflationary pressures will continue to buffet the UK economy, and is forecast to average 4% next year
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NewsBudget: Draught relief cuts duty by 5%
There was caution over the detail of the policy, which is understood to apply to kegs of 40 litres or more
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NewsBudget: One-year 50% cut in business rates
The Treasury said the tax cut was worth almost £1.7bn, and with Small Business Rates Relief, over 90% of all these businesses will see a discount of at least 50%.
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NewsUrban Pubs & Bars acquires 13 sites from Barworks
The transaction comes on the back of Urban’s recently announced partnership with Davidson Kempner and Global Mutual.
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NewsThe Alchemist achieves carbon neutral status
The bar and restaurant group has calculated and offset its scope 1 and scope 2 emissions for the year, supporting verified renewable projects around the world.
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NewsRates review delay ‘a disheartening prospect’
Kate Nicholls, CEO, UKHospitality said she hoped the expected delay was an indication the Chancellor recognised the extent of the changes needed to overhaul the current business rates system.
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NewsOperators remain optimistic about Christmas trading
Despite rising Covid cases, operators and consumers are feeling positive about spending time and money in restaurants and bars over the festive season.
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NewsOne week to go until MCA’s Restaurant Conference
If you haven’t already got your tickets to MCA’s Restaurant Conference on 3 November, now’s the time to snap up those few remaining places.