All news articles – Page 334
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Young’s forecasts positive cash flow by May
Young’s has announced plans to reopen 140 of its managed pubs with outdoor spaces on or around 12 April, as well as an update to its finances which it gives it available borrowing facilities of £225m.
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Crosstown goes regional
Artisan doughnut concept Crosstown has launched its first location outside of London, with a delivery and collection hub in Cambridge.
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Consumers keen to escalate tech use in hospitality
More than half (56%) of 18 to 24-year-olds would prefer to order food and drink online, even after they have been vaccinated, according to the latest Go Technology report from Zonal and CGA.
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McDonald’s Jason Clark to speak at Food to Go Conference
Jason Clark, senior vice president, and chief operations officer at McDonald’s UK and Ireland is to speak about innovation at the fast-food operator at MCA’s 2021 Food to Go Conference next week (23 March).
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Ramsay continues Street Burger rollout
Gordon Ramsay has confirmed the second location for his casual concept Street Burger, a former Byron site on 24-28 Charing Cross Road.
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Scottish roadmap revealed
Scottish hospitality will face significant operating restrictions until at least June under the country’s roadmap out of lockdown, which will allow pubs and restaurants to begin reopening from late April.
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SSP announces £475m rights issue
SSP Group has announced that it intends to raise approximately £475m by way of a ’12 for 25’ rights issue, as it looks to firm up its financial position.
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Pizza Pilgrims restarts pipeline, unveils subscription service
Pizza Pilgrims is preparing to open four new pizzerias by late summer, and has a further four in negotiations, after its expansion pipeline was put on hold during the pandemic.
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Government must publish data which underpins restrictions on hospitality
The government should publish the data that underpins its decisions on the restrictions imposed on the hospitality sector, according to a new report published by the House of Commons’ Public Administration and Constitutional Affairs Committee.
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Roger Whiteside: ‘Covid has opened up previously unaffordable locations’
Greggs is looking to capitalise on the increasing number of empty retail units, and lower rents, in London, with the changing market conditions giving it access to previously unaffordable areas of the capital.
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Dishoom: ‘When we reopen it has to be spectacular’
The hospitality sector needs to make sure it offers consumers an unforgettable experience once restrictions are eased, in order to breath life back into our town and city centres, believes Brian Trollip, managing director, Dishoom.
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Island Poke: ‘There is a massive opportunity to go beyond London’
Island Poke is to focus its future UK expansion outside the capital as the regions become a more prominent sales channel post-pandemic, James Gould-Porter, founder of Island Poke told MCA.
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‘Spies on the dancefloor’ unwelcome
Proposals to introduce undercover police officers into pub and bars to tackle sexual harassment have been branded “deeply concerning” by a night-time safety group.
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Leon UK MD to speak at Food to Go Conference
MCA’s 2021 Food to Go Conference will feature an exclusive interview with Shereen Ritchie, managing director, Leon UK.
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Sacha Lord: ‘All we’re saying is let’s be fair’
Sacha Lord and Hugh Osmond’s legal challenge against the government’s reopening roadmap has been backed by other senior industry leaders.
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2,000 pubs lost due to pandemic
An estimated 2,000 pubs have closed permanently during the last year as a result of the pandemic, the British Beer & Pub Association has revealed.
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Succession planning at Greggs
Greggs chairman Ian Durant will stay on at the company to help appoint a successor to Roger Whiteside, as the CEO approaches retirement age.
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Nightcap builds property pipeline
Nightcap, the bar and late-night group co-founded by investor Sarah Willingham, has reported good progress in building its property pipeline for London Cocktail Club (LCC).
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Deliveroo to raise a further £1bn
Deliveroo has announced plans to raise about £1bn of new funding to boost growth as part of its proposed initial public offering.
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Delivery drives improving sales at Greggs
Greggs has reported a “better than expected” start to 2021, while updating on plans to 100 net new stores this year.