All news articles – Page 374
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NewsSacha Lord joins NTIA board
Sacha Lord, the Night Time Economy Advisor for Greater Manchester, has joined the Night Time Industries Association board.
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NewsBurger King assessing options for subsidiary
Burger King UK is working with advisers to review options for one of its subsidiary companies.
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NewsMulti-site groups buck waning market confidence trend
Multi-site hospitality operators have upped their market confidence in recent months, despite an overall dip in confidence across the sector, according to the latest Business Confidence Survey from CGA and Fourth.
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NewsCity Pub Group to ‘emerge and rebuild quickly’
City Pub Group has reported it is in a strong financial position to emerge and rebuild quickly from the coronavirus crisis.
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NewsMosaic Pub Group raises £2.5m with City Pub investment
Three companies within the Mosaic Pub and Dining Group have concluded a share offering, raising subscriptions over costs of over £2.5m. The Galaxy, Pioneer and Sovereign City Pub Co. – which make up an estate of 9 pubs, 7 freehold and 2 leasehold – have reduced debt to under £2m ...
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NewsNorthern cities face ‘complete decimation’ in trade
The North of England faces mass redundancies and boarded-up high streets unless coronavirus restrictions are reviewed, the leaders of Liverpool, Leeds and Manchester councils have warned.
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NewsGreggs launches consultation to reduce staff hours
Greggs is launching a consultation on staff costs, which could see job losses minimised by negotiating reduced hours in shops.
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NewsDeliveroo to hire 15k new riders
Deliveroo has announced it will employ an additional 15,000 riders by the end of the year, in contrast to the hospitality industry it supplies, which is continuing to haemorrhage jobs.
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NewsNew volume restrictions
The backlash over coronavirus restrictions is continuing to grow, even as a raft of new laws were published.
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NewsCôte acquired out of administration by Partners Group
Côte Restaurants has been acquired out of administration by Partners Group, the global private markets investment manager.
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NewsSoho Summer Street Festival extended
The partial pedestrianisation of streets in Soho is to be extended until the end of October, Westminster Council has confirmed.
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NewsParliament’s bars exempt from tougher measures
Parliament’s bars will not be subject to coronavirus restrictions despite the implementation of tougher measures on the wider sector last week, the Times reports.
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NewsBurnham: ‘Curfew doing more harm than good’
The 10pm curfew rule is “doing more harm than good” and should “probably” be lifted, Greater Manchester Mayor Andy Burnham has said.
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NewsIndustry launches support service for recently unemployed
Industry bodies have joined forces to launch a free support service for people struggling in the sector. CareerScope, a joint venture between Springboard, Hospitality Action, UK Hospitality, the Institute of Hospitality and the Savoy Educational Trust, is an online hub designed to support those within the hospitality, leisure and tourism sectors who have either lost their jobs or are struggling to find work because of the pandemic.
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NewsEmergency lockdown plans could enforce two-week hospitality closure
A new emergency lockdown plan could be enforced across northern England and London in the coming days, the Times reports.
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NewsFulham Shore delays results, predicts it will be a “successful survivor”
Fulham Shore, the parent operator behind restaurant brands Franco Manca and The Real Greek, has been granted an extension of its FY20 results by the AIM Regulation.
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NewsPure to enter CVA
Healthy to-go brand Pure is set to enter a company voluntary arrangement (CVA), the Times reports.
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NewsPolpo files for administration
Venetian-style small plates concept Polpo has filed for notice of administration, according to the Times.
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NewsSales plummet at GBK
Gourmet Burger Kitchen system-wide like-for-like sales fell 66.2% for the six months to 27 August 2020, parent company Famous Brands has reported.
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NewsRevolution considers CVA
Revolution Bars Group has confirmed it is working with advisors to secure its long-term viability. The company is currently evaluating the potential impact of the latest restrictions on the business, and is exploring various options including a reduction of its estate through a company voluntary arrangement (CVA). No decisions have yet been made, but the board is considering all necessary options to ensure its viability in light of the latest government measures.