All news articles – Page 429
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Steve Gotham: Straddling the great wet vs dry divide
While there might be some disagreement over the extent the UK eating out market is over-supplied, there will be strong agreement that it is intensely competitive. It remains highly fragmented and contains an abundance of operators clamouring for consumers’ attention and spend. As such, skilful market positioning is essential.
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February trading sees industry-wide decline
Trading in the pub, restaurant and bar sector suffered significantly in February as coronavirus and extreme weather conditions had a negative impact on footfall, new research by the Coffer Peach Business Tracker has revealed.
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Chancellor freezes alcohol duties
Chancellor Rishi Sunak has frozen duties on alcohol as the hospitality industry navigates through the coronavirus. In his budget speech this afternoon he said that this year the “planned increase in spirits duty will be cancelled.” There was also positive news for pubs, with the chancellor describing them as the “centre of community life. But too many have closed over the past decade. We have already promised to introduce a business rates pub discount of £1,000 for small pubs, but I’ve heard calls from other MPs that we need to do more, especially given the possible impact of coronavirus. So today I can announce that exceptionally for this year the BR discount will be £5,000.”
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Patisserie Valerie to merge with Bakers + Baristas
Patisserie Valerie will be merged with 65-strong café concept Bakers + Baristas, MCA’s sister title Big Hospitality reports.
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Greene King announces coffee partnership
Greene King has announced a new multi-year partnership with coffee company Paddy & Scott’s.
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BoE announces emergency rate cut
In an attempt to shore up the economy amid the coronavirus outbreak, The Bank of England has announced an emergency cut in interest rates.
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Shepherd Neame sees strong H1 performance
Shepherd Neame has reported a strong performance in both managed and tenanted estate in its financial results for the 26 weeks ended 28 December 2019.
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Loyalty, promotional planning and driving footfall
To discuss their contrasting approaches to data collection, MCA welcomed digital and marketing leaders from a range of operators for a roundtable discussion, in association with Punchh.
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UKH calls on PM to implement ‘urgent measures’
Hospitality businesses need immediate and wide-ranging support to deal with the threat of the coronavirus, UK Hospitality has informed the Government.
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Peter Martin: Is it too early to plan for the post-crisis world?
This is not a good time to be in the prediction business – apart from knowing that there is only one real topic of conversation in the market right now.
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Shattock joins Domino’s
Domino’s has appointed Matt Shattock, formerly of Cadbury and Unilever, as director and chairman.
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Zia Lucia – “We don’t want to be perceived as a high-street chain”
Following the opening of its most recent restaurant last month, London-based pizza concept Zia Lucia will continue to champion quality over quantity, founders Gianluca d’Angelo and Claudio Vescovo have told MCA. The brand launched in Islington in 2016, and has since expanded with sites in Hammersmith, Aldgate East and Boxpark ...
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Zim Braai aims for five in five
With its second opening lined up in Bournemouth next month, African dining concept Zim Braai is looking to reach five restaurants in five years, founder Andy Lennox has told MCA.
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Pret spends £20m on allergy overhaul
Pret A Manger spent £20m last year on anti-allergy measures, including full ingredients labelling, as it overhauled safety measures after the deaths of two people who had eaten its products, The Financial Times reports.
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Chancellor warned over ‘failing town syndrome’
The chancellor has been told to relieve the burden of business rates on the retail sector because it is having a “hidden human cost” in the most economically vulnerable communities, The Times reports.
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Emergency call for aid over coronavirus threat
Owners of hotels, nightclubs, bars and restaurants are calling on the government for emergency assistance as wave of customers cancel bookings as a precaution against contracting coronavirus.
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Immigration bill will leave 200k jobs unfilled
More than 200,000 vacancies will be left unfilled in British pubs, bars and restaurants if the government’s new immigration bill is enforced in its current form, UK Hospitality has warned.
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Andrew Lynch replaced as Nando’s chairman by Graham Allan
Nando’s non-executive chairman Andrew Lynch has stepped down from the business after six years to be replaced by Graham Allan, MCA can reveal. Lynch originally joined the peri-peri specialist in 2014 as its first group CEO, before deciding to withdraw from executive life in 2018. He moved into a role as non-executive chairman and was succeeded as group CEO by Rob Papps in November 2018.
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Goods Way, a New Orleans-style street food sanctuary
London’s latest high-profile food hall from the team behind Flat Iron Square launched this week with five on-trend vendors headlining
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Six by Nico makes London debut
The Nico Simeone-led restaurant concept Six by Nico is to open in the former Zizzi site in Charlotte Street, Fitzrovia this month.