All news articles – Page 388
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NewsPizza Pilgrims non-exec Ian Edward: “No right or wrong” way to utilise Eat Out to Help Out
The Eat Out to Help Out scheme may play to the advantage of larger restaurant brands, but businesses are within their rights to do what they must to survive, Pizza Pilgrims non-executive director Ian Edward has said.
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NewsShelley Sandzer: Changing Use Classes is a game changer on one hand. But on the other…
On the face of it, the amendment to the Town & Country Town Planning Act, Use Classes 2020, is a very positive step by the government. A radical overhaul of an outdated system possibly. It will group all forms of retail, business and service based premises in one category, seemingly making the system simpler and permitting movement between the use class without needing planning consent. This business category does exclude the more contentious uses such as pubs, clubs and fast food takeaways, moving them into a sui generis use class.
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NewsCACI warns of lasting impacts on consumer behaviour
CACI has released a report into what it describes as the “new consumer reality” and the impact the coronavirus will have on destinations, landlords, brands and operators throughout 2020 and beyond. It identifies four key consumer trends seen throughout July. It says mobility is well below pre-lockdown levels, currently at an average of 62%, which is up from low of 32%. In terms of how that is split between city centres and more rural areas, city centres are pegged well down at 30% due to a combination of a lack of workers, tourists and shoppers.
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NewsMinister confirms there are ‘no plans’ to shut pubs and restaurants in trade-off with school reopenings
Restaurants and pubs will not be required to close again when schools reopen in September, the Housing Secretary has confirmed.
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NewsOver 72,000 businesses sign up to Eat Out to Help Out scheme
More than 72,000 businesses have signed up to the government’s Eat Out to Help Out scheme, which launches today.
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NewsItsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
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NewsByron to shed 31 sites following acquisition
Byron will continue to trade from 20 of its 51 restaurants following its acquisition by investment company Calveton.
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NewsDishoom removes £10 Eat Out to Help Out cap
Indian restaurant concept Dishoom has signed up to the Eat Out to Help Out scheme, and will be removing the discount limit.
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NewsEpiris completes CDG acquisition, rebrands as The Big Table
Private equity firm Epiris has completed a deal to acquire Casual Dining Group.
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NewsWelcome Break signs up to Eat Out to Help Out
Motorway service operator Welcome Break has signed up to the Eat Out to Help Out scheme.
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NewsReopening of bowling alleys postponed as PM pauses lockdown easing
The next wave of lockdown easing in England has been postponed for two weeks, the Prime Minister has announced today.
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NewsShake Shack launches DIY burger kit
Shake Shack has become the latest brand to release its own cook-at-home meal box.
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NewsPubs and restaurants see sales continue to slowly rise
Coffer Peach Business Tracker figures for w/c 20 July 20 show that collective like-for-like sales were down 28.5% year on year, but up on the 31.6% decline the week before, and the 39.8% decline the week before that. The rise has been helped by more sites reopening, with 68% of group-operated sites open compared to 60% the week before. “Trading at just over 70% of pre-covid norms is an improvement on the week before for those businesses operating, but it’s more steady than sensational,” said CGA director Karl Chessell.“Operators are still taking it cautiously as demand edges up, and that’s been particularly true among restaurant chains.”
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NewsHospitality Leaders Poll: VAT cuts and business rates relief top priorities
An extension to the VAT reduction beyond 21 January and a further freeze in business rates are the top priorities for operators going forward, according to the latest Hospitality Leaders Poll carried out by Lumina Intelligence. Of the 230 operators questioned, all of whom are board level positions or founders of restaurants, pubs and food to go operations, 37% identified the VAT cut as their priority and 34% chose business rates.
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NewsPuttshack back in the swing from 8 August
Puttshack will open its White City site on 8 August followed by its Lakeside venue later in the month. Bookings will be available to make from 3 August. Several safety measures have been introduced, including PPE for staff, who will also be temperature checked before every shift. Hand sanitiser will also be prevalent while clubs and golf balls will be cleaned after every use. For customers, groups will be limited to six people
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NewsKFC system sales down 58% in Q2
Yum brands has reported KFC UK system sales fell 58% in Q2 2020 compared to the same period last year. According to the parent company’s latest financial update, sales in the UK business fell 23% for the year to date (to 30 June 2020), a dip that has been attributed to the coronavirus pandemic
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NewsSector investor BGF invests £128m in 24 new companies
Sector investor The Business Growth Fund (BGF) has backed 24 new companies in the first half of 2020, investing a total of £128m in its new portfolio.
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NewsKFC releases first animal welfare report
KFC has admitted to poor animal welfare among its suppliers, and has vowed to improve conditions going forward.
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NewsBBPA calls for VAT cut on beer as European Commission gives green light
The British Beer and Pub Association has called on Government to include beer in its VAT cut for pubs.
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NewsRevolution announces next wave of reopenings
Revolution Bars Group has announced its next phase of reopenings, with eight sites set to open their doors next week.