All news articles – Page 416
-
NewsAdministrator weighs up bids for Carluccio’s
Parts of Carluccio’s estate and assets have received interest from Tesco, Boparan Restaurant Group, and Byron owner Three Hills Capital.
-
NewsUKH: ‘There’s an opportunity to press reset on certain legislation’
The Government must look at alternative methods of funding the hospitality industry if it wants the sector to play a meaningful part in the recovery of the UK economy, UK Hospitality CEO Kate Nicholls has told MCA’s The Conversation.
-
NewsLockdown extended for three weeks
Lockdown will continue for at least another three weeks, with “light at the end of the tunnel” if certain criteria are met.
-
NewsDowney’s nine-month rent time out proposal to be submitted to Government
Jonathan Downey, founder of Hospitality Union, is to submit a formal proposal to the Treasury next week for a nine-month rent-free period for hospitality, leisure and retail businesses forced to close because of the coronavirus pandemic.
-
NewsCity Pub Co raises £22m
City Pub Group has raised £22m following a share placing, cutting net debt by two thirds.
-
NewsWimpy adds delivery and takeaway sites
Wimpy opened a brand new site in Orpington over the Easter weekend, with half of its 68-strong estate now offering home delivery or takeaway during lockdown.
-
NewsRestaurants and coffee shops first in line to reopen
Restaurants and coffee shops, as well as estate agents, could be the first to reopen, according to a report seen by ministers.
-
NewsShelley Sandzer: Recalibrate to rejuvenate
Even before Covid-19 affected us all, rent and rates liabilities were dangerously high for F&B operators and there had already been some casualties. The Living Wage and Minimum Wage were adding further pressure too, so when coronavirus hit like a metaphorical stop button, the impact of these issues accelerated exponentially, creating a perfect storm of pain felt by everyone in the industry.
-
NewsMarston’s: ‘We are all in this together’
Marston’s is having constructive conversations with its tenants and lessees about rent, with relief concessions being offered where appropriate, CEO Ralph Findlay has said.
-
NewsDCL: ‘Lots of activity’ in property post-lockdown
Property deals are expected to ramp up again in the immediate aftermath of the lockdown being lifted, Trevor Watson of David Coffer Lyons has said.
-
NewsSacha Lord: 70% will go under without urgent cash support
Seventy per cent of night-time operators face going out of business if they do not get urgent access to cash support from government, Manchester night czar Sacha Lord has warned.
-
NewsLuke Johnson urges operators seeking investment to contact him
Luke Johnson has urged certain hospitality operators seeking investment to contact him.
-
NewsUKH: ‘Government silence equals consent on tronc JRS claims’
Where tronc is properly constructed as part of regular monthly payments, it should count as part of employee earnings in the furlough claim process, Kate Nicholls, UK Hospitality CEO has advised.
-
NewsBurger King to re-open select sites
Burger King has announced it will begin reopening sites for delivery.
-
NewsFCA warns insurers ‘settle claims or explain’
The Financial Conduct Authority has warned insurance company bosses to speed up and settle coronavirus-related claims or explain themselves to the regulator.
-
NewsPBG suspends rent review negotiations
The Pub Governing Body (PGB) has agreed to a suspension of all rent review negotiations because of the coronavirus pandemic.
-
NewsJRS cut-off date extended
The Government announced an extension of The Coronavirus Jobs Retention Scheme cut-off date yesterday, to include those employed up to or on 19 March - the date when the scheme was first announced.
-
NewsDeliveroo NHS campaign raises £1.5m
A Deliveroo campaign to feed NHS staff has raised more than £1.5m, which will go towards its pledge to provide 500,000 free meals.
-
NewsPret to re-open ten shops on Thursday
Pret will re-open ten shop kitchens located near hospitals on Thursday, for takeaway and delivery only, after requests from NHS workers and hospitals. It’s also reinstated the 50% discount for NHS workers until April. The move will also allow Pret to start up its supply chain and donate around 7,000 meals a week to homeless charities. The kitchens will be open between 8am and 2pm and delivery will be made via third party operators. Pret will also start selling basic groceries like milk, butter and tea.
-
NewsSunak “deeply troubled” at OBR prediction
Rishi Sunak has said he is “deeply troubled” by a scenario run by the Office for Budget Responsibility which suggests the UK economy could slump by 35% as a result of the coronavirus. The OBR also suggested unemployment could rise by over two million. Speaking at the government’s daily press conference, Sunak said the “best way out of this for all of us is to just grow the economy, which is why trying to keep as much of it as intact as possible at this moment allows that bounce-back when we come out of it and allows us to hopefully snap back to normal as quickly as possible.”