All news articles – Page 350
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Just Eat Takeaway hails uplift in delivery
Just Eat Takeaway has hailed a huge uplift in fourth-quarter UK business on the same period in 2019.
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Giggling Squid proves ‘off-site trading model’
Giggling Squid is currently in a “strong financial position” and “trading well given its regional bias” as it heads into winter, according to its latest financial accounts.
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Pizza Express exits further 23 sites
Pizza Express has closed an additional 23 sites, on top of the 74 sites exited as part of the company voluntary arrangement (CVA).
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Greene King continues 90% rent concessions for tied tenants
Greene King Pub Partners has confirmed its tied tenants will continue receiving 90% rent concessions until the end of the latest lockdown.
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Pizza Express strengthens senior team
Pizza Express has made two further appointments to its senior team following the completion of its recapitalisation last November.
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Landsec: £35m of December rent outstanding
Land Securities has updated on its December quarter rent collection, with £35m outstanding.
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Leon reshuffles finance team
Leon chief financial officer Antony Perring is stepping down to be replaced by his long-standing deputy Chris Burford.
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Deliveroo targets 100 new locations in 2021
Deliveroo is to expand to around 100 new towns and cities across the UK in 2021, and extend its reach in the over 150 locations it currently operates in.
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MPs support motion for hospitality minister
MPs have voted in support of a motion to create a Minister of Hospitality, after a 90-minute debate in Westminster.
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Click and collect under review
Click and collect services could be banned with the exception of supermarkets and essential retail, under proposals considered by ministers, The Telegraph reports.
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No new support from Sunak
Chancellor Rishi Sunak has signalled there will be no further financial support for business hit by coronavirus restrictions ahead the 3 March budget.
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Gravity to make London debut
Gravity, the experiential leisure operator, is to make its London debut this summer in Wandsworth’s Southside Shopping Centre.
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British Land collects less than half of retail rents in December
British Land has so far collected 46% of due December rents in its retail division, with just 32% of its stores able to trade in some way through the latest lockdown.
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Electra to sell TGI Friday’s
TGI Friday’s UK could be put up for sale this year as private equity backer Electra looks to wind down its portfolio.
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Local councils accused of hoarding business grants
Local councils have been accused of hoarding hundreds of millions of pounds in government support grants intended to help businesses survive lockdown.
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May bank holiday rumoured for pubs reopening
Pubs and bars in England could be closed until the beginning of May, government officials have suggested.
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Campaign for hospitality minister receives 2k signatures
A petition calling for Prime Minster Boris Johnson to appoint a hospitality minister has received over 200,000 signatures.
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Pizza Express launches at-home pizza kits
Pizza Express has further diversified its at-home offer with two limited edition pizza kits.
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Star extends 90% rent relief
Star Pubs & Bars will continue to give core leased and tenanted pubs a 90% rent reduction during lockdown.
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Pubs at ‘unfair disadvantage’ over takeaway rules
Pub operators have been warned they should not try to repurpose venues into off licenses in order to sell alcohol.