All news articles – Page 363
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NewsOCTOBER 2020
As lockdown returns, MCA’s latest issue is out now. Featuring opinion from regular columnists Peter Martin and Dominic Walsh, it also has interview with Restaurant Group CEO Andy Hornby, D&D CEO Des Gunewardena and Giggling Squid MD Andy Laurillard…
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NewsMarston’s seeks waivers from noteholders
Marston’s has released a formal request to the holders of its secured class A notes for a limited number of further technical waivers during the first half of 2021. In an announcement on the London Stock Exchange today (11 November), the pubco said it was requesting the waivers as a precautionary measure following the renewed lockdown restrictions introduced in Wales on 23 October and England last week.
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NewsWetherspoons sales hit by 'baffling' and 'questionable' restrictions
Wetherspoons sales were significantly lower in October than previous months as the imposition of new restrictions took its toll, the business has revealed in a trading update today.
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NewsSalt Dog Slims set for Manchester
Restaurant and bar group GSG Hospitality, previously Graffiti Spirits Group, has secured a site for its second Salt Dogs Slims concept. The new restaurant, located near Manchester’s Northern Quarter and Spinningfields, will be the brand’s first move into the city following its debut site in Liverpool in 2012. Set to open in early 2021, the restaurant will have an ‘appointment only’ underground bar that will require a secret code, as in its Liverpool site, and will serve American style chilli dogs alongside an extensive beer and cocktail selection.
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NewsSacha Lord: ‘This is government’s last chance to take the sector seriously’
Sacha Lord has called on government to work collaboratively with the sector and rethink its post-lockdown hospitality restrictions.
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NewsOperators call for EIS incentives to help rebuild sector
London hospitality operators including The Piano Works, Kerb and bar business Lolipop have called on government to adapt the Enterprise Investment Scheme (EIS) to help rebuild the sector. In a letter to chancellor Rishi Sunak seen by City AM, the businesses outlined proposals of an “equity alternative” to the Coronavirus Business Interruption Loan Scheme, which would use tax relief to incentivise investors to support industry recovery.
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NewsWadworth sells 21 pubs to Liberation Group
Wiltshire-based pubco and brewer Wadworth has announced the sale of 21 pubs to Liberation Group.The sites, sold for an undisclosed sum, are primarily in Gloucestershire, Hampshire and Wiltshire, and comprise more than a tenth of Wadworth’s estate across the south west and London.
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NewsReal Living Wage rise
The Real Living Wage (RLW) has risen to £9.50 in the UK and to £10.85 in London, an increase of 20p and 10p per hour respectively.
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NewsMcDonald’s cooks up McPlant burger
McDonald’s is to launch its own meat-free burger the McPlant and launch its own plant-based products.
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NewsThe Inn Collection lands Whitby site
The Inn Collection Group has landed a third Yorkshire site, with prime Whitby venue The Stables at Crossbutts.
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NewsListed groups rally over vaccine news
Listed pub and restaurant groups have welcomed news of progress in a coronavirus vaccine with cautious optimism on Monday.
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NewsNew Liverpool concept for Manchester Hall owner
Vanitas Bar operator Stephen Cliff is launching a new venue, Boujee Restaurant & Bar, at Liverpool One shopping and leisure complex.
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NewsCity Pub Group appoints Toby Smith as COO
City Pub Group has appointed Toby Smith into the newly created role chief operating officer from today.
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NewsMeatliquor to open in Bloomsbury
Burger concept Meatliquor is set to open a restaurant in the former Las Iguanas site in London’s Bloomsbury later this month. Just weeks after the now 10-strong restaurant group permanently closed its Kings Cross site, it has announced the new restaurant will open in the district’s Brunswick Centre in two weeks’ time. Initially opening for takeaway-only, when restrictions are lifted the site will have 110 ‘covid-safe’ covers inside, as well as additional outdoor seating on a heated terrace.
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NewsStarmer calls for staggered closing times
Labour leader Sir Keir Starmer has called for a rethink of the 10pm hospitality curfew when lockdown ends in England.
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NewsPiper sells Mindful Chef to Nestle
Piper, the backer of Flat Iron, Turtle Bay and Hickory’s, has exited its investment in recipe box and ready meal company Mindful Chef to Nestlé.
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NewsSbarro launches first UK site
US pizza chain Sbarro has opened its first UK site in Birmingham.
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NewsVegan pizza chain Purezza set to go global
Brighton-based vegan pizza concept Purezza has announced global expansion plans after securing £2.4m in funding.
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NewsDeltic sale piques private equity interest
Private equity firms Greybull Capital and Aurelius are among interested parties in the Deltic Group, following its emergency sale announcement last month.
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NewsRelaxed takeaway regulations could become permanent
Relaxed regulations that allow pubs and restaurants to sell takeaway food and alcohol could become permanent, communities secretary Robert Jenrick has said.