All news articles – Page 352
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NewsGovernment bans takeaway alcohol in latest lockdown
Pubs and restaurants will be unable to serve takeaway alcohol under England’s latest lockdown rules, the Government has confirmed.
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NewsPunch Pubs reports losses
Punch Pubs, the operator of over 1,200 individual pub business, has reported a loss for the year ending 16 August 2020.
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NewsLaine Pub Company remains confident despite losses
Laine Pub Company is in a strong position to trade ‘for the foreseeable future’, despite losses incurred due to the coronavirus pandemic.
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NewsHospitality pledges assistance in vaccine roll-out
UK Hospitality has committed to assisting the vaccine roll-out in hotels, conference centres, pubs and restaurants as England enters its third national lockdown.
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NewsScotland enters national lockdown
Pubs, restaurants and cafes across Scotland will be forced to close from midnight tonight, as the country enters another national lockdown. In an announcement to the Scottish Parliament earlier today (4 January), First Minister Nicola Sturgeon said the country would be entering a month-long lockdown with immediate effect, and that a legal requirement to stay at home except for essential purposes will be in place from Tuesday.
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NewsPizza Hut criticised over wage error
Pizza Hut was among 140 companies criticised by the UK government for failing to pay their workers the minimum wage.
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NewsHospitality bears brunt of consumer spending decline
Consumer spending declined 7.1% year-on-year in 2020, as coronavirus restrictions impacted many sectors, with hospitality and high-street retailers hardest hit.
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NewsKate Nicholls awarded OBE
UKHospitality CEO Kate Nicholls has been awarded an OBE in the New Year Honours list for services to the hospitality sector.
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NewsLord Sugar challenges Caffe Nero CVA
Lord Sugar’s private commercial property group, Amsprop Investments, has lodged a legal challenge against Caffe Nero’s company voluntary arrangement (CVA), Sky News reports.
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NewsBrewDog in talks over vaccine hubs
BrewDog is in talks with the British and Scottish governments over offering its bars to help roll out the coronavirus vaccine.
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NewsHappy Christmas from MCA
2020 will go down as a memorable year for all the wrong reasons. No words can express the devastation felt across hospitality, particularly the recent developments which introduced a de facto lockdown in the shape of Tier 4 across swathes of the country. Bookings were eviscerated, supplies were wasted, businesses ...
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NewsSome 2020 Highlights
Brandwatch: Five Guys https://www.mca-insight.com/food-to-go/brandwatch-five-guys/649753.article Shaftesbury takes its time https://www.mca-insight.com/property/shaftesburys-julia-wilkinson-weve-always-taken-a-long-term-view/651449.article Pret - ”we’ve amazed ourselves…” https://www.mca-insight.com/food-to-go/pret-director-briony-raven-weve-amazed-ourselves-with-the-speed-weve-done-things/650824.article How is Sessions Market changing? https://www.mca-insight.com/people/sessions-market-covid-allows-us-to-shape-the-concept-over-time/646959.article What’s the deal with Wahaca and Nando’s? https://www.mca-insight.com/analysis-and-insight/wahacas-journey-to-nandos-stablemate/650439.article The rise and fall of Coffeesmiths https://www.mca-insight.com/analysis-and-insight/the-rise-and-fall-of-coffeesmiths-collective/646702.article Is the ...
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NewsMarston’s strikes deal with Brains
Marston’s has announced a deal that will see it operate 156 Brains pubs in Wales. The combination of leased and management contract arrangements consists of a freehold estate of 86 managed and 55 tenanted pubs, together with a leasehold estate of 15 managed pubs and bars. It employs around 1,300 people. Marston’s already has 106 pubs in Wales but plans to continue to operate the existing 156 Brains pubs under the Brains brand. Marston’s will operate the 141 freehold pubs on a leasehold basis from February 2021, with rent chargeable from April 2021. The majority of these will be on long lease agreements of 25 years. The deal is set to complete in February 2021.
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NewsM&B fined by Trading Standards
Mitchells & Butlers has been fined by Trading Standards after serving a cheaper white fish mix instead of advertised lobster.
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NewsApplegreen to go private in £653m deal
Forecourt operator Applegreen is set to go private after reaching an agreement to be acquired by B&J Holdings and Blackstone Infrastructure Partners in a deal worth 718.1 million euros (£653m).
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NewsDeliveroo lost £317m in 2019
Deliveroo’s losses grew to £317.7m in 2019, up by a third from on the previous year, before the pandemic helped boost it to profitability.
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NewsDes Gunewardena: Tax supermarkets to bail out bars and restaurants
D&D London CEO Des Gunewardena has called on the government to withdraw relief or introduce a covid-tax on industries that have benefited from the pandemic in 2020, such as supermarkets, online retailers and delivery companies.
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NewsUKH to PM: Give the sector hope for recovery
UKHospitality has urged the prime minister to provide more generous compensation for businesses affected by stricter coronavirus restrictions.
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NewsAnnus horribilis: sector loses £53bn in 2020
The UK hospitality sector lost sales of more than £53bn in 2020, with more losses to come from a collapse of Christmas trading.
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NewsStar to appeal £2m PCA fine
Star Pubs & Bars will appeal the fine imposed by pubs code adjudicator (PCA) Fiona Dickie for what she described as “seriously and repeatedly” breaching the code over nearly a three-year period.