All news articles – Page 408
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NewsEditor’s Opinion - An uncertain future
The 4th of July is the perfect day for a grand reopening. The date is embedded in the mind as one that represents spirit, freedom and celebration. Of course it has different connotations for the UK compared to the US, which spends the day celebrating banishing the British back in 1776, but that’s ancient history and we are all friends now. Who doesn’t love Donald Trump?
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NewsDebt enforcement moratorium still needed - MCA poll
More than half of operators, (54%) said that their landlord had refused to offer any concessions, with an additional 34% saying that negotiations were ongoing, according to the latest weekly Hospitality Leaders Poll by MCA Insight/HIM. The results highlight further the need for a debt enforcement moratorium, one of the key pillars of Hospitality Union’s original six-point action plan, to give both commercial tenants and landlords breathing space against litigation.
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NewsLuke Johnson: Lockdown will kill more than virus
Gail’s Bakery backer Luke Johnson believed the lockdown will cause more deaths than the coronavirus itself.
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NewsTed Schama: A war cry for reinforcements
Hooray, hospitality will be reopening in July. The nation can rejoice.
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NewsTwo years before profits return to pre-virus levels - MCA poll
Over half of restaurants and food to go operators think it will take over a year to return to pre-coronavirus levels of profitability, according to the latest Hospitality Leaders Poll by William Reed’s specialist insight division MCA Insight/HIM. Some 55% of respondents, all of whom are either founders or board level executives, predicted it would take between 13 and 24 months to get back to the profits they were making before the crisis, with one operator suggesting that could only happen if they were “able to open to capacity”.
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NewsCosta opens next tranche of stores
Costa Coffee is opening an additional 31 drive-through and 15 takeaway sites today, after receiving “great feedback” from our store team members and customers.
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NewsGreene King Pub Partners signed up to BII
Greene King Pub Partners is paying for 800 tied tenants to become members of the British Institute of Innkeeping (BII).
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NewsAmazon/Deliveroo platform will ‘substantially decimate margins’
Deliveroo have been a major part of the destruction of the restaurant industry and demise of the high street, All Our Bars CEO Paul Wigham has said.
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NewsStonegate announces support for Ei Pub Partners
Stonegate Pub Company has revealed details of a multimillion-pound support package for publicans within the recently acquired Ei Publican Partnerships leased and tenanted business.
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NewsGreene King to launch takeaway service
Greene King is set to launch a ‘pub grub’ delivery and takeaway service from a number of its London sites next week.
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NewsGovernment to support suppliers through trade credit insurance guarantee
The Government has announced that it will provide a short-term guarantee to trade credit insurers, confirming the majority of business-to-business insurance coverage will be maintained.
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NewsUKH: Two-metre distancing rule for ‘sustained colleague contact’
When hospitality spaces are allowed to reopen, the two-meter social distancing rule will not strictly apply on an individual to individual basis, Kate Nicholls, UK Hospitality CEO has said.
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NewsBrighton Pier Group sets out cash conservation measures
The Brighton Pier Group has announced the implementation of a number of measures to conserve and raise cash through the coronavirus closure period.
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NewsTrade bodies call on insurers to meet obligations for pub sector
Hospitality trade bodies have called on the Association of British Insurers to agree to a meeting to discuss further support for pubs and breweries affected by the coronavirus crisis.
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NewsBarburrito to reopen select sites for delivery
Mexican fast-casual concept Barburrito is set to reopen six of its sites for delivery next week, MCA has learned.
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NewsMarston’s agrees £70 million bank facility
Marston’s has agreed a £70 million, 180-day, increased bank facility to provide it with sufficient liquidity to support the group beyond the end of the financial year.
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NewsTask forces established for safe reopening
The Government has set up five ministerial-led task forces to develop plans for how and when businesses in closed sectors such as hospitality can safely reopen safely.
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NewsBurger King adds Moto sites to openings
Motorway service area operator Moto is to reopen 25 of its Burger King restaurants for takeaway only.
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NewsNeame: ‘Authentic pub experience’ possible with social distancing
Although it may be a long road back to ‘normality,’ pubs will still be able to create a positive consumer experience despite covid-secure control measures, Jonathan Neame, Shepherd Neame CEO has said.
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NewsNew Covent Garden Market finds B2C route via Uber Eats
Uber Eats has become the latest delivery platform to diversify into grocery, with a partnership with New Covent Garden Market.