All news articles – Page 290
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Papa John’s expects to exit pandemic ‘stronger’
Papa John’s (GB) Limited achieved a 29.7% increase in turnover to £94.9m for the year to 27 December, as the pandemic had “minimal impact” on its business.
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PM to reveal National Living Wage increase
Prime Minister Boris Johnson is expected to reveal a significant rise in the minimum wage within weeks, with an uplift in the pay of the lowest earners to about £9.42 an hour.
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Wales to introduce compulsory Covid passes for nightclubs
The Welsh parliament has voted in favour of introducing mandatory vaccination passports – by 28 votes to 27 – for entry to nightclubs.
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Lord Mark Price to speak at MCA Restaurant Conference
Former Waitrose MD, and founder of employee engagement platform WorkL, Lord Mark Price will share insights from his annual hospitality report on the happiness and engagement of employees.
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Lumina: multi-channel approach needed for contemporary fast food
Top 10 contemporary fast food brands to see turnover growth of +58.8% in 2021
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Greggs: ‘Our multichannel approach is opening up greater site opportunities’
The development of Greggs into a truly multichannel brand is resulting in far greater site opportunities to aid its new target of opening around 150 net new shops a year from 2022.
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McDonald’s launches ‘Plan For Change’ sustainability strategy
McDonald’s UK and Ireland has set out its Plan For Change strategy to help it achieve net zero carbon emissions by 2040.
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Pizza Hut announces new franchise partnership
Nine Group will become a franchisee for 31 existing Pizza Hut Delivery and Express Huts, and open a further 40 new Pizza Hut locations across the UK.
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Starbucks and Deliveroo announce delivery partnership
Starbucks launches on Deliveroo at more than 400 locations including Birmingham, London and Manchester.
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EG Group acquires Cooplands
The Issa brothers have acquired Cooplands’ bakery brand and plan to roll it out to forecourts and convenience stores across the EG site network
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New brand for Gaucho and M operator
The Crane Tap in Twickenham, inspired by Gaucho’s popular burger offering Meat & Bun, will feature affordable food and drink in a casual setting.
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Greggs: Trading ahead of expectations, plans to double revenue in five years
Greggs Q3 results benefited from staycations as it aims to double turnover by 2026 and target a network of 3,000 sites.
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Caffe Nero hires advisers and seeks to refinance £150m debt
Caffe Nero’s Gerry Ford is reported to have engaged Lazard to look at funding options for £150m of debt.
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Sunak urged to review pub tax burden
The BBPA has called on the Chancellor Rishi Sunak to cut beer duty, extend business rates relief, and permanently lower VAT for all food and drink sold in pubs
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New £500m plan to boost UK workforce
Chancellor Rishi Sunak’s scheme will target people leaving furlough and older workers with work coaches and careers advice, along with co-ordination with local employers
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Rent settlement risks insolvency or takeovers
UKHospitality has demanded clarity over the new arbitration system being set up to determine the size of rent arrears
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Five Guys to press on with UK rollout
The European holding company reported a total comprehensive loss of £58.4m for 2020
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BrewDog ‘optimistic for a better 2021’
The bars division of the craft beer company posted a pre-tax loss of £10.4m from turnover of £25.2m in 2020
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Britain’s winter blues: ‘Christmas shortages are now a certainty’
From petrol, gas and food supplies to hospitals under pressure, the UK could face a series of overlapping crises
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Boris Johnson admits shortages could last until Christmas
Boris Johnson has admitted that fuel and food shortages could last into Christmas, as he appeared to shrug off concerns that farmers would have to cull their animals.