All news articles – Page 356
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Roux at Parliament Square announces permanent closure
Roux at Parliament Square – the RA Group-owned restaurant in London’s Westminster – has been forced to close permanently because of the coronavirus pandemic.
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Birmingham judicial review postponed
Birmingham restaurant owner Sam Morgan has postponed plans to launch a legal challenge against the government’s tier 3 restrictions.
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Walkers to use beer fermentation to slash CO2
Walkers crisps will capture CO2 from beer fermentation in order to slash emissions from its manufacturing process by 70%.
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Tattu, Boxpark, BrewDog make Fast Track 100
Chinese restaurant chain Tattu was the high highest-ranking hospitality business in the Sunday Times Fast Track 100.
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Crown Estate counts of costs of CVAs
The Crown Estate is counting the costs of a series of company insolvencies and CVAs that have affected its estate.
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Hospitality spend to fall by a third this Christmas
Consumers are forecast to spend 10% more on presents and other items this Christmas, but the hospitality and entertainment is expected to lose out.
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Nando’s raises £100m in new equity
Nando’s has raised £100m in new equity from its parent company to strengthens its balance sheet during the pandemic.
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Ross swaps Greggs for Whitbread
Greggs head of category David Ross has left the bakery retailer to join Whitbread as head of commercial - restaurants.
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Rent debt pile of £1.6bn threatens new year bloodbath
The hospitality sector is facing a devastating rent tipping-point that will trigger a new year bloodbath of business failures and the potential for hundreds of thousands more job losses, UK Hospitality has warned.
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Liberation reacts to Jersey circuit breaker
Liberation Group is “disappointed but understanding” at news it will have to close 44 pubs in Jersey as the crown dependency enters a circuit breaker lockdown.
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Tim Martin rails against ‘reckless and draconian’ anti-pub measures
Wetherspoon will keep eight of its pubs open in Wales, effectively trading them as cafes.
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BrewDog crowdfund breaks £10m
BrewDog’s Equity for Punks Tomorrow fundraise has broken the £10m mark, with 54 days remaining to reach its target of £15m.
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Officials accused of ‘intimidation’ over enforcement of pub rules
Police have been accused of “overzealous” enforcement of tier 2 restrictions in pubs, with landlords reporting officers arguing over “substantial meal” regulations and throwing out customers after they finished eating.
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Barburrito secures new investment, closes three sites
Barburrito has undergone restructure, with the closure of three sites, and a new injection of investment led by chairman Graham Turner.
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KFC to roll out electric vehicle charging points at 450 sites
KFC UK & Ireland is to roll out rapid electric vehicle charging points at up to 450 of its restaurants across the country.
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Birmingham operator to launch judicial review against government tier 3 closure
Birmingham restaurant owner Sam Morgan is set to launch a judicial review against the government, claiming it has failed to provide adequate evidence to support the closure of hospitality in tier 3 areas. Morgan, who owns restaurant concept Craft and Eight, is representing 256 businesses, mostly from the Birmingham region, under the new lobbying group ‘Birmingham Hospitality Group.’
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Hospitality sees immediate footfall surge in tier 2
Hospitality footfall in tier 2 areas picked up immediately on the first day post-lockdown, Wireless Social has found. Data from the Wi-Fi solutions provider has revealed that as soon as pubs and restaurants were allowed to reopen on 2 December, footfall increased to October pre-lockdown levels across venues. London footfall rose considerably, from 65% below pre-pandemic levels just before the second lockdown, to 54% below pre-pandemic levels on 2 December.
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Sector confidence plummets as tiers take toll
The coronavirus pandemic has severely impacted sector confidence, with less than a fifth of hospitality business leaders optimistic about the market’s prospects over the next 12 months, according to CGA and Fourth. Its latest Business Confidence Survey has revealed that just 18% of leaders are optimistic about the year ahead, 42% down on pre-pandemic levels (60%). Extended restrictions over the autumn have led to more than a quarter (27%) of multi-site business leaders predicting they will be unviable within the first six months of 2021, if current levels of support continue.
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Thomas swaps Searcys for RA Group
Former Searcys managing director Matt Thomas is joining Compass Group as managing director of RA Group.
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Radix joins Puttshack JV partner
Former Draft House and Jamie Oliver finance chief Bharti Radix has joined Puttshack joint venture partner World Golf Systems as finance director.