All news articles – Page 338
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NewsJDW gearing up for pub reopening but with reduced hours
JD Wetherspoon (JDW) has earmarked 394 of its pubs for reopening on 12 April, but they are due to operate under reduced hours.
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NewsWendy’s on track for UK rollout
US fast food chain Wendy’s is on track to begin opening restaurants in the UK in the first half of 2021.
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NewsBarkby eyes post-covid pub opportunities
The Barkby Group is assessing the acquisition of leasehold pubs and anticipates further acquisition opportunities will arise as a result of the Covid-19 pandemic.
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NewsYO! appoints new group CFO
Global Japanese and Asian food group YO! has appointed Xenia Walters as its new chief financial officer (CFO). In addition she will join the board as an executive director, with both roles effective from 8 March.
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NewsBill’s reviews loss-making sites
Bill’s Restaurants continues to have the backing of major shareholder Richard Caring, who has indicated he would be willing to support the group should cash funding be required, if this was not available through its banks.
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NewsRevolution anticipates ‘rapid rebound’
Revolution Bars Group plans to reopen 20 of its bars on 12 April, when hospitality is able to trade outside, and the entire 66-strong estate on 17 May.
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News‘As good as could be expected’ - operators react to the Budget
In what is now a well-worn routine, Boris Johnson was last week the bearer of bad news, announcing a much slower than preferred roadmap reopening, with hospitality apparently at the end of the queue.
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NewsChancellor’s Budget unveiled
The business rates holiday and 5% VAT rate will be extended in their current state until the end of June, and phased out over the coming year, the Chancellor has announced.
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NewsPret tweaks Dinners offering
Pret A Manger has narrowed the coverage of its Dinners offering, as it continues to experiment with the food range.
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NewsWelsh hospitality set for additional £180m in lockdown support
Hospitality, leisure and tourism businesses affected by ongoing coronavirus restrictions in Wales could see an additional £180m in extra support, the Welsh Government has announced.
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NewsBurger King sets out sustainability roadmap
Burger King UK has set out a four-year roadmap towards improved sustainability, food quality and ethics, which will see the chain use 100% recycled or certified packaging by 2025.
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NewsSector calls for apprenticeship protections
Apprenticeship funding and youth employment must be protected if training and development of the future hospitality workforce are to be a cornerstone of the country’s economic recovery, sector leaders have said.
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NewsReilley: ‘Budget the most important day in history of hospitality’
The Budget is arguably the most important day in the history of the hospitality sector, with Sunak’s support set to either provide “desperately needed hope” or “a single, devastating blow,” Loungers Chairman Alex Reilley has said.
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NewsFurlough to be extended until end of September
Chancellor Rishi Sunak will extend the furlough scheme until the end of September in today’s Budget, which is expected to include a support package in excess of £20bn.
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NewsTRG debt renegotiation met with positive reaction
The Restaurant Group’s (TRG) announcement yesterday (1 March) that it had renegotiated is debt facilities has been met with positive notes from analysts.
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NewsStaggered reopening risks further 99k job losses
The delayed reopening of hospitality will cost the sector £9bn, MPs have warned the Chancellor ahead of the Budget tomorrow.
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NewsRestaurant market predicted to grow by a third in 2021
The value of the UK restaurant sector is expected to grow by 32.1%, to reach £11.7bn, in 2021, on the back of market contraction of 53.1% last year, according to a new report from Lumina Intelligence.
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NewsGovernment has ‘failed on commercial rent’
Soaring debt due to the issue of growing commercial rent arrears remains a major barrier to the recovery of hospitality, a Government report has warned.
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NewsTomahawk refutes GMB claim
Steakhouse restaurant group Tomahawk has refuted claims by the GMB Union that it is bullying its staff, after it asked its workers to lend it money to their own National Insurance and pension contributions.
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NewsMozza to make England debut
Neapolitan pizza brand Mozza, from the same owner as Tony Macaroni restaurants, is opening its first site in England, in Leeds.