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NewsVaccine passport idea dismissed by pub operators
The Prime Minister’s suggestion that vaccine passport could be used by pubs in order that social distancing rules could be scrapped early has been met with derision from leading pub operators.
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MARCH 2021
MCA’s March digital edition features industry reaction to the Chancellor’s Budget, and the specific measures to support the recovery of the sector. The feeding frenzy for British pub real estate is explored in a special feature, with comment from the some of the top deal brokers in the sector. We bring you winners’ comment and reaction from our very own Retailers’ Retailer Awards, featuring Dishoom, BrewDog, Island Poke and Pret. More highlights of Hostech are included, with a feature on the technology powering drive-thurs, and an interview with Nando’s about how it the brand has been transformed by technology. Regular opinion pieces come from MCA’s contributing editor Peter Martin and Dominic Walsh of The Times; we have insight from Lumina Intelligence’s latest Restaurant Report, which tips medium-sized brands as the winners of the future; as well as the all the talking points from our weekly event The Conversation, news, people moves and openings.
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Ten Entertainment chairman to step down
Ten Entertainment chairman Nick Basing is to step down in September after six years in the role.
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Aviva shuns Deliveroo over riders’ rights
One of the UK’s largest fund managers will not buy shares in Deliveroo when it goes public because of concerns over the rights of its delivery riders.
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Stonegate announces fresh support for Ei Pub Partners
Stonegate Pub Company has announced new financial support for Ei Publican Partners with rent and trade credits. It will give publicans “significantly” reduced rents and trade credits, together with government grants that include the latest restart grants of £8,000-£18,000. Stonegate, the UK’s largest pub company, will give rent ...
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Cineworld secures ‘significant liquidity buffer’ after major losses
Cineworld has raised $213m (£155m) convertible bond to cope with the continued disruption of Covid-19.
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Pho has ‘competitive advantage’ in post-pandemic landscape
Pho, the Vietnamese restaurant group, is confident it can return to its expansion strategy once restrictions are lifted and the business has stabilised.
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PizzaExpress and Deliveroo go exclusive
PizzaExpress and Deliveroo have announced a new two-year exclusive delivery deal across the UK and Ireland that will cover 290 restaurants.
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Warning over ‘poor commercial behaviour’ towards pubs
The British Beer & Pub Association (BBPA) has urged the energy sector to deal fairly with pubs after it accused some utility companies of “poor commercial behaviour” and refusing to supply many pubs.
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PM vaccine passport plans ‘unworkable’
Proposals to give pubs the power to deny customers access based on vaccine passports have been described as a “unworkable” by UKHospitality.
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Call for rates relief extension
UKHospitality has calling on the Treasury to double the period for uncapped 100% rates relief in pubs and restaurants.
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Leon exits the US but doesn’t rule out second chance
Leon has made the decision to exit the US market after just two years, closing its four sites in Washington DC and Virginia, in order to focus on the UK and Continental Europe. However it hasn’t ruled out opening restaurants in the country again in the future.
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Fleet joins Hawksmoor
Former Flat Iron managing director Jo Fleet has joined Hawksmoor to head up its nationwide meal kit distribution and delivery operations.
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Glendola Leisure secures additional £6m banking facilities
Glendola Leisure’s parent company has obtained additional facilities of £6m from its banking partner, as part of a refinancing arrangement which also sees the extension of its existing £26.7m facility.
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Social Entertainment Ventures undergoes rebrand
Social Entertainment Ventures has rebranded as State of Play, as it approaches its 10-year anniversary.
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Time Out confirms Waterloo market is no go
Time Out Group has confirmed that its subsidiary Time Out Markets Central London will not be proceeding with the planned development of Time Out Waterloo, as it seeks further funding to counter with the impact of the pandemic.
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Rick Stein moves into coffee market
Rick Stein’s restaurant group is to branch out into the coffee shop market with an opening lined up for Padstow next month.
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Popeyes confident it can achieve “aggressive” expansion plans
US fried chicken brand Popeyes is confident it can reach its target of 350 UK sites over the next 10 years, despite competition in the chicken market, David Shear, president of parent company Restaurant Brands International (RBI) has told MCA.
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Food to go sector expected to surpass 2019 value by next year
The food to go sector is expected to reach a total market value of £21.6bn by 2022, exceeding its value in 2019 when the sector was booming, according to the latest data from Lumina Intelligence.
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Spragg to step down as Big Table CEO
James Spragg is to step down as chief executive of The Big Table after six years at the business – formerly known as Casual Dining Group.
