All MCA Insight articles in November 2020 – Page 5
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NewsNight-time sector in appeal for urgent help
Nightclub operators will meet the Business Secretary this week in an attempt to secure a potential lifeline for the sector.
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NewsJobs bonus removal leaves £2.1bn black hole
UKHospitality has written to the chancellor of the exchequer Rishi Sunak warning that additional financial support is absolutely vital to ensure hospitality businesses survive a bleak winter and be in a position to help power economic growth next year.
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NewsPubs and restaurants face tougher restrictions
Pubs and restaurants face tougher restrictions under the new tier system set to be announced by Boris Johnson today.
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News10pm curfew to be relaxed
Chancellor Rishi Sunak suggested the 10pm curfew on pubs and restaurants will be lifted after lockdown, but warned that areas should prepare for tougher local restrictions.
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NewsCamden Town undergoes restructure
Camden Town Brewery is being restructured and full integrated into parent company AB InBev.
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Analysis & InsightBrandwatch: Shake Shack @ Deliveroo Editions
Deliveroo Editions was hailed by CEO Will Shu as the future of food delivery when the dark kitchen platform launched in 2017.
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NewsOne third fear permanent closure in months
More than a third of restaurants and hotels fear that they might have to shut permanently within the next three months, according to the Office for National Statistics.
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Analysis & InsightPHE: Hospitality just 4.1% of coronavirus exposure ‘common locations’
Hospitality spaces made up just 4.1% of coronavirus exposure ‘common locations’ for the first few weeks of November, with transmission rates far below the likes of supermarkets, schools and care homes, according to Public Health England.
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NewsDeltic warns landlords of collapse without sale
Nightclub operator Deltic has warned landlords that it faces collapse unless a sale is agreed imminently, Sky News reports.
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NewsDishoom launch vegan at-home kit
Indian restaurant concept Dishoom has expanded its at-home range with the addition of a vegan sausage naan roll kit. The business launched its first at-home offer – the bacon naan roll kit – during the March lockdown, but following calls from plant-based consumers has created a second kit for its online store. The vegan sausage naan roll kit will include ingredients for two rolls with masala chai, alongside cooking instructions, for £16 including delivery.
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NewsCineworld considers CVA
Cineworld, the world’s second largest cinema chain, is considering a company voluntary arrangement (CVA) as part of a wider restructuring process to secure its future.
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Analysis & Insight72% of hospitality businesses face closure in 2021
Almost three quarters (72%) of all hospitality businesses expect to become unviable and close in 2021 without additional support, sector trade bodies have warned.
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Analysis & InsightCGA: ‘We will pull through this crisis’
The sector is living through its toughest period in eight years, but consumer data proves it will pull through, CGA chief executive Phil Tate has said. Speaking at this year’s virtual Peach event, Tate highlighted the devastating impact the pandemic continues to have on hospitality but said there was reason to be positive as consumer behaviour is not set to change long-term.
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InterviewsPizza Hut Restaurants CEO Jens Hofma: ‘CVA a necessary evil’
Pizza Hut UK’s company voluntary arrangement (CVA) was a “necessary evil” and has left the business in “a more robust position,” CEO Jens Hofma has said. Speaking at MCA’s the Conversation, Hofma revealed that the business had made several attempts to find an alternative solution to deal with outstanding lockdown rent debts with landlords, but the hostility of some left it with “no other choice” but to turn to a CVA. But with landlord break clauses still a live issue, he added that the business has come up against a number of newer operators “circling the estate” to see if they can “tempt landlords to go for the new kid on the block rather than sticking with tenants who’ve been around for decades.”
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NewsJollibee launches third UK site ahead of 2021 expansion drive
Jollibee, the Filipino fast food chain, is to open its third UK site this week in Leicester.
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InterviewsVagabond MD Stephen Finch: Forced shutdown ‘almost preferable’ to previous restrictions
The restrictions imposed on hospitality in the past few months couldn’t have been more at odds with the concept of London-based bar group Vagabond Wines, managing director Stephen Finch has said.
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NewsSelfridges swaps Hemsley + Hemsley for new concept Hive
London’s Selfridges is set to launch a honey-themed restaurant concept, Hive, next month. Due to open in early December, the concept will replace Hemsley + Hemsley on the building’s third floor and will serve a menu focused around the brand’s on-site-produced honey. Alongside its all-day menu, the restaurant will offer a range of honey and cheese pairings and a cheese and honey afternoon tea experience.
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NewsPoké The Bear set for expansion with ‘Michelin Star’ menu
Poké The Bear, the delivery-only brand from TV personality Calum Best, has added two sites to its estate and announced an overhaul to its menu.
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NewsSacha Lord releases recovery plan, warns bounce back ‘could take five years’
Manchester’s night time economy advisor Sacha Lord has released a plan detailing how businesses can be supported to recover from the pandemic, but warned it could take five years for the sector to recover.
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NewsLegal challenge to curfew set for second court hearing
A legal challenge to the 10pm curfew in England is set for a second court hearing at the beginning of next month.