All MCA Insight articles in November 2019
View all stories from this issue.
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NewsNew energy scheme will see £4.5bn bills hike
The £5.5bn scheme has no sector-specific help, and the lower level of support will be unsustainable for many hospitality businesses, UKHospitality has warned
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NewsDecember 2019
The build up to Christmas and New Year’s Eve is always a busy time for the industry and this year will be no exception. It’s also a good time to look back and reflect on the events of the last 12 months. In this issue, Alix Partners take a look back over the last 12 months in M&A and columnist Dom Walsh chooses his annual awards. It’s also been a year of challenges. Peter Martin dives into the challenge of hiring and retaining talent, while Georgia Cronin examines the dangerous world of allergens. But as ever, there is cause for optimism. Steve Gotham looks at the ever popular Nando’s, and our exclusive interviews with the new CEO at Paul, Mark Hilton, and Coco Di Mama MD Jim Attwood, reveal bright plans for the future.
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NewsGoodbody and JP Morgan on Marston’s
Goodbody has said it retains its “cautious view” on Marston’s in terms of investment due to the fact it has endured an extended period of muted like-for-like growth, it said in a note following Marston’s preliminary full-year results update on Wednesday (27 November).
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NewsDaisy Green to open second City location
The Daisy Green Collection is to open its second site in the City next month, at 2 London Wall Place, taking its estate to 11.
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NewsBlack Sheep Coffee lines up three more before year end
Black Sheep Coffee is planning to open three more sites before the end of the year, as it expands across the UK.
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NewsLeon to open further sites with SSP
Leon is to expand its partnership with travel hub operator SSP, with a new opening planned for Cobham Services on the M25, MCA understands.
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NewsJamie Oliver considering new restaurant openings
Jamie Oliver has said he would consider opening new restaurants, following the collapse of his restaurant empire earlier this year, but only after the high street has sorted itself out.
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NewsIddon departs Le Pain Quotidien after three months
Former Restaurant Group CIO Simon Iddon has left his role at Le Pain Quotidien, MCA understands.
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Analysis & InsightDrowning in plain sight
Oh, we don’t like to be beside the seaside. It wasn’t always like this, coastal towns used to thrive on hoards of tourists flocking to the beach to lick ice creams, feed chips to seagulls, have fun on the pier and paddle in the channel. But in the 1960s the rising popularity of relatively exotic package holidays to sunny Europe saw numbers drop and the trend never stopped.
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NewsHop Vietnamese closes in on crowdfunding target
Hop Vietnamese has raised more than three quarters (81%) of its £750k crowdfunding target, with 19 days still left to go.
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OpinionAnalysts’ verdict: Berenberg on Mitchells & Butlers
Mitchells & Butlers shares are due a “pause for breath” believes analyst Berenberg.
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NewsShoryu Ramen launches franchise plan
Shoryu Ramen has teamed up with Seeds Consulting for a franchise partnership aimed at growing the Japanese brand in the UK and internationally.
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NewsGluten-free pasta concept is second in pop-up partnership
A gluten free pasta concept has taken the former Stem site in Mayfair, MCA understands.
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NewsSnapshot: Puttshack Bank in pictures
Puttshack has opened its first central London site, at 1 Poultry, Bank.
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Analysis & InsightUK branded coffee shop market significant slowdown
Allegra World Coffe Portal research has found that branded coffee shop outlet growth in the UK - Europe’s largest branded coffee shop market - has slowed to 0.9%.
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NewsETM reveal sales boost amid “challenging” conditions
ETM grew sales 16.7% to £31.5m for the year ending 24 February 2019. Like-for-like sales were up 5.8% thanks to an increase in events sales, a focus on sport, and expansion. Group EBITDA rose 56.2% to £2.6m which the business said was “underpinned by sales growth, a commitment to optimising margins and leveraging head office overheads.”
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Analysis & InsightFrequency up across the board in eating out sector
Eating out frequency rose across all day parts in October 2019 compared to the same period last year, from 92.4% to 92.7%, according to MCA’s latest Consumer Dashboard.
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NewsRalph Findlay: ‘We are behind the market on food’
Marston’s is to adopt a “renewed focus” on the proposition in its food-led pubs after falling behind the market with its offer, chief executive Ralph Findlay told MCA.
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OpinionChestnut Group: Passion project
By tapping into the East Anglian opportunity, Chestnut Group founder Philip Turner has managed to double the size of his business in the past year. He talks to Georgi Gyton about his passion for the region and the next stage of Chestnut’s growth.
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NewsUrban Baristas set to open sixth London site
Artisan coffee brand Urban Baristas announce the launch of their sixth site on London’s Buckingham Palace Road.