All news articles – Page 420
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NewsLeon readies new delivery service, Feed Britain
Leon is to launch an online delivery service, Feed Britain, offering grocery boxes and ready meals.
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NewsBerkamnn Wine Cellars launches hospitality support initiative
Restaurant supplier Berkmann Wine Cellars has launched an online platform - ‘Help 4 Hospitality’ - to deliver wine to consumers while donating a share of the profits to the hospitality sector.
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NewsKPMG: ‘This will ultimately wipe out the weaker operators’
The hospitality industry is entering a period of relative calm, with attention now turning to medium and longer term challenges, KPMG’s Will Wright has told MCA.
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NewsLuke Johnson: ‘Terrible trade-off’ lies ahead in virus fight
Luke Johnson has warned the UK could face a “Great Depression” and would have to decide if the containment measures were worth the “collateral damage” of falling living standards and damage to mental health.
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NewsLandsec allocates £15m to F&B rent relief
Land Securities has set up a rent relief support fund of £80m, with a particular focus on F&B operators and SMEs.
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NewsChancellor to overhaul SME loan scheme
The chancellor is set to overhaul his emergency aid scheme for small businesses (SMEs) as companies struggle to access crisis funds, Sky News reports.
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NewsMajority of companies face diminishing cash pile
A large number of companies are in danger of running out of money within weeks, according to a survey by the British Chambers of Commerce. The survey found 62% of companies polled late last month said that they had enough cash to keep them going for the next three months ...
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NewsMCA - Digital Edition
With the digital edition you can view, review and search through MCA online – exactly as if you were holding a copy in your hands.
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NewsPeach pledges to retain all staff
The Peach Pub Company has said that none of its staff will lose their jobs because of the coronavirus.
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NewsOne in five SMEs at risk of collapse within a month
One in five SMEs are at risk of collapsing due to lack of cashflow in the next four weeks, new research by the Corporate Finance Network has revealed.
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News
Landlords must cancel rent to ensure a future for sector - Pure
Landlords have to realise “we are all in it together” and offer operators rent-free periods, Pure CEO Spencer Craig has told MCA.
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NewsShepherd Neame waives rent for entire closure period
Shepherd Neame has pledged to waive all licensee rents for the duration of the Government closure period.
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NewsThe Conversation: with UK Hospitality CEO Kate Nicholls
Furlough, finance, funding and forfeiture are the four key areas that UK Hospitality is working on with the government, UK Hospitality CEO Kate Nicholls told attendees at MCA’s first online event, The Conversation. Following the announcement of the Jobs Retention Scheme, which allows employers to recover 80% of wages for furloughed employees, Nicholls said she was seeking clarification on areas including holiday accrual, tronc payments, and workers that were hired but had not started work before the 1 March JRS qualification threshold.
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NewsAdmiral, Greene King and St Austell to offer click and collect grocery
Online wholesaler StarStock has teamed up with Brakes, Coca-Cola European Partners and Use Your Local to launch mypubshop.com, an e-commerce platform for pubs to offer essential groceries like bread, eggs and milk via click and collect. Admiral, Greene King and St Austell have all signed up. Admiral CEO Chris Jowsey said: “We are doing everything we can to support our pub operators through this extremely challenging period.
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NewsWahaca launches online platform
Mexican restaurant chain Wahaca has launched an online platform to share recipes, cocktail ideas, playlists, activities and news of its charitable initiatives throughout the closure period.
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NewsWorld’s 50 Best Restaurants postponed until 2021
The World’s 50 Best Restaurants has postponed its 2020 awards ceremony and will not release its annual ranked list this year.
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NewsHonest redeploys staff to retail and care sectors
Honest Burgers has created a scheme to allow furloughed members staff to be seconded to other businesses, particular in retail and care.
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NewsInsurers close coronavirus loopholes in business coverage
UK Insurers are tightening the terms of their business coverage to explicitly exclude anything related to the coronavirus pandemic.
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NewsBrewdog co-founders forgo pay
The co-founders of Brewdog, James Watt and Martin Dickie, will take no salary in 2020 to help safeguard jobs, MCA’s sister title Big Hospitality has reported.
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NewsYum Brands raises fresh capital, launches employee support funds
Yum Brands, the global operator of KFC, Taco Bell and Pizza Hut, has raised fresh capital from bond investors, allowing the company to increase its size by $100m (to $600m).