All news articles – Page 422
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NewsGordan Ramsay Restaurant Group terminates employee contracts
The Gordan Ramsay Restaurant Group has terminated the contracts of more than 500 staff across its London restaurant portfolio.
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NewsBBPA welcomes self-employed support package
The British Beer and Pub Association has welcomed the Government support package for the self-employed.
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NewsFulham Shore closes all sites
Franco Manca and The Real Greek operator Fulham shore has announced the full closure of its estate.
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NewsTRG to place Chiquito in administration
The Restaurant Group-owned brand Chiquito has filed a notice of its intention to appoint administrators, suggesting it may be the first big restaurant group to collapse because of coronavirus, the Times reports.
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NewsDomino’s sees acceleration in delivery sales
Domino’s UK has reported an acceleration in delivery sales since the Government enforced closure of bars and restaurants. In the last week, trading for the group has increased, with growth in delivery more than offsetting the lack of collection orders, which typically accounts for around 20% of sales. In line ...
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NewsPizza Hut Restaurants: ‘We are providing a service to the community’
Pizza Hut Restaurants CEO Jens Hofma has told MCA keeping 48 restaurants operating as delivery-only kitchens was the “right thing to do”, by helping ease the pressure on supermarkets and feeding those in need.
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NewsCity Pub Group to raise new equity through placing and open offer
City Pub Group has announced a placing and open offer to raise new equity of £22 million.
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NewsGreene King confirms pay and furlough for all 38,000 staff
Greene King has confirmed pay and furlough arrangements for its 38,000 team members while its pubs remain closed due to coronavirus.
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NewsSelf-employed to receive 80% of last three years profits
The Government will pay self-employed people who have been adversely affected by the coronavirus a taxable grant worth 80% of their average monthly profits over the last three years, the chancellor Rishi Sunak announced at today’s press conference.
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NewsCosta, Domino’s and Pizza Hut mass-distribute to key workers and the vulnerable
Costa, Dominos and Pizza Hut have all launched initiatives to deliver free food and drink to key workers and vulnerable communities.
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NewsHall & Woodhouse cancels rent and suspends loan repayments
Pub company Hall & Woodhouse has cancelled all rent and service charges, and suspended loan repayments for eight weeks across its 180-strong estate.
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NewsRoadchef closes restaurants, puts staff on furlough
Roadchef has now closed all its restaurant units and put 1,000 staff on furlough.
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NewsHospitality charity calls for food and catering support
Hospitality industry charity Only a Pavement Away has called on the industry for food and catering support.
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NewsCarluccio’s staff take 50% pay cut
The entire staff of Carluccio’s is facing a pay cut as the company fights to stay afloat amid the coronavirus crisis.
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NewsShepherd Neame puts 85% of staff on leave
Shepherd Neame is putting the majority of its staff on temporary leave while asked those remaining to take pay cuts.
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NewsKricket: “We’ll come out stronger, leaner and wiser”
London-based restaurant group Kricket will be able to maintain full operations on the other side of the coronavirus pandemic because of Government support measures, co-founder Rik Campbell has told MCA.
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NewsByron hires KPMG to access emergency funding
Byron has hired KPMG to explore options for accessing emergency funding and to shore up its balance sheet, Sky News reports.
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NewsBritish Land releases small tenants from rental obligations
British Land has released its smaller retail, food & beverage and leisure tenants from their rental obligations for three months (April to June).
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NewsJDW agrees to pay furloughed staff
JD Wetherspoon has reversed a decision to withhold staff pay until a government rescue package kicks in.
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NewsDeliveroo speeds up cash flow to restaurants
Deliveroo has launched a new rapid payment system so restaurants can access cash made from deliveries inside 24 hours. The new service is completely free of charge and Deliveroo will cover any increase in banking charges. It will be available for at least the next three months. “We want to do everything possible to support our restaurant partners,” Will Shu, founder and CEO of Deliveroo, told MCA.