All news articles – Page 341
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NewsLondon Mayor pledges £5m in plan to support central London businesses
London Mayor Sadiq Khan has proposed plans to invest £5m to support the eventual reopening of hospitality and retail in central London.
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NewsUber Eats unveils sponsored listing feature
Uber Eats has introduced a sponsored listing feature, which will allow operators to pay extra to appear at the top of the platform.
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NewsNewRiver acquires £41m retail and leisure estate
NewRiver has acquired Sheffield leisure and retail estate The Moor in a joint venture (JV) agreement with Bravo Strategies III, for £41m.
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NewsMcDonald’s sets gender and minority representation goal
McDonald’s has announced plans to improve the equality and minority representation in its senior ranks by 2030.
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NewsZabardast pauses franchise drive to focus on digital; eyes investment
Indian wrap company Zabardast has paused its search for franchisees as it looks to pivot its business to become more digitally and delivery focused. But it has not scrapped plans to scale up the business, and is looking to launch an investment round.
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NewsDardis says industry needs certainty on reopening
Patrick Dardis, chief executive of Young’s Pubs has told the Evening Standard that although he would have preferred an April reopening date for the pub sector, he would take a clear roadmap with a later opening over uncertainty.
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NewsExtension to furlough and business rates holiday expected
Chancellor Rishi Sunak is expected to announce an extension to the year-long business rates holiday and furlough scheme, in the Budget next month.
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NewsInn Collection Group appoints property director ahead of expansion
The Inn Collection Group has appointed a new property director, Louise Stewart, to assist in its multiple development and expansion plans this year.
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NewsCosta pushes on with drive-thru expansion
Costa Coffee opened 63 new stores across the UK last year despite the uncertainty caused by the coronavirus crisis.
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NewsState aid rules to be scrapped
Ministers are planning to scrap EU limits on state aid, to allow the government to provide more support to businesses crippled by the costs of the extended coronavirus lockdown.
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NewsDarwin & Wallace revenues down £2m
London-based bar group Darwin & Wallace lost almost a quarter of its usual revenue as a result of the first lockdown, contributing to a £2m dip in its year-on-year sales.
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NewsCamile Thai to create 300 jobs in expansion drive
Dublin-based restaurant brand Camile Thai will open a further 15 sites across the UK and Ireland this year, creating over 300 jobs.
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NewsUKH publishes reopening roadmap
UKHospitality is urging the Government to provide businesses with certainty and clarity in its reopening announcement next week as it presents its own roadmap for the hospitality sector to emerge from lockdown and restrictions.
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NewsUK nightlife faces extinction
The UK’s nightlife scene is at risk of extinction without urgent financial support, the government has been warned.
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NewsPizza Hut signs franchising deal with Starboard
Pizza Hut Delivery has signed a new franchise agreement to see it improve and expand its presence in the Midlands, Yorkshire and the North West of England.
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NewsExtension of JV arrangements for Ego Restaurants
Mitchells & Butlers (M&B) has reached an agreement with James Horler, CEO of 3Sixty Restaurants, and its other shareholders, to continue with the joint venture arrangements, in relation to the development of Ego Restaurants, for a further period.
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NewsOakman raises £4.4m
Oakman Group, the operator behind Oakman Inns and Restaurants and Ashmore Inns, has closed its latest equity raise – receiving applications for £4.4m of shares from almost 300 new investors.
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NewsRed Oak acquires pub package; in talks over £35m extra capital
Red Oak Taverns has acquired a package of 10 leased and tenanted pubs from Wells & Co, taking its total estate to 190, and is in the process of finalising terms for an additional £35m of capital.
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News
Hospitality not significant area of Covid transmission
Hospitality businesses were not significant areas of Covid transmission in 2020 and should be central to reopening plans in 2021, according to new research by CGA, commissioned by UKHospitality.
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NewsPubs and restaurants won’t reopen until May, according to roadmap
Pubs, bars and restaurants, will not be able to reopen until May under a phased reopening programme, according to the government’s roadmap out of lockdown, The Daily Mail has reported. It claims the blueprint for lifting the UK out of lockdown will see curbs eased at four-weekly intervals, starting with ...