All MCA Insight articles in November 2024 – Page 5
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Analysis & InsightReturning consumers, renewed priorities
Consumers are returning to the eating and drinking out market and are spending more when they do, despite waning confidence in the wake of the Budget, Flora Zwolinski, senior insight manager, Lumina Intelligence writes for MCA.
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Analysis & InsightTax rises in Budget hit consumer confidence and will impact pay growth
Consumer confidence has dropped as households feel the outlook for the economy and their own personal finances has worsened, with pay growth also due to be hit, according to reports by S&P Global and Goldman Sachs
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NewsBrewDog shuts Mumbai bars
The brewer and bar operator had plans to open 100 bars in India but has shuttered its two flagship sites following challenges in the market, it has been reported
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Analysis & InsightMarston’s has potential to outperform market
The pub group has shown solid progress over the year, “beating street expectations on all fronts” – trading momentum, margin expansion and de-leveraging, according to analyst JP Morgan Cazenove.
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NewsBleecker lines up two more sites
The burger business is planning to open two further restaurants before the end of its financial year in April, including one at Kerb’s Seven Dials Market, founder Zan Kaufman told MCA
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NewsSubmit your nominations for MCA’s Hospitality Awards 2025
Your opinion really counts, so make sure you have your say on who you think are the top concepts, companies and leaders in hospitality before the 24 November deadline
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NewsGusto’s subscription scheme driving significant cover growth
There is no such thing as a truly loyal customer in casual dining, with the Italian restaurant group instead focusing on a driving a transactional relationship, CEO Matt Snell tells MCA’s Restaurant Conference
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Analysis & InsightMenu price inflation stabilises at 5%
Menu inflation remains above food and drink inflation, with the highest price rises in pubs and bars, according to Lumina Intelligence
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OpinionBudget risks loss of human connection in hospitality, warns Dame Karen Jones
Great customer care comes down to “exceptional communication and training”, which risks being compromised if operators look too much to automation, she wrote in The Sunday Times
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NewsNando’s launches full hospitality career pathway
The restaurant chain has launched a Level 5 apprenticeship in England and expanded its programme to Scotland for the first time
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NewsDishoom: ‘Decision to take outside funding not taken lightly’
The Indian restaurant group is “taking a cautious approach to choosing an investor”, as it plans to launch in the US in 2026, Shamil Thakrar told The Times
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Analysis & InsightLicensed premises numbers continue to grow, but Budget jeopardises recovery
The number of licensed premises in Britain increased by 0.7% between July and September 2024, according to the new Hospitality Market Monitor from CGA by NIQ and AlixPartners.
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Weekend PressPub charges England fans £2 extra for pints on match days
Green King’s decision to ‘take advantage’ of football supporters is ‘unacceptable’, The Telegraph reports
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Weekend PressFood shortage plans drawn up as farmers threaten to strike
Fears of empty supermarket shelves and panic buying if farms withhold production, The Telegraph reports
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Weekend PressReturn of the green fairy: once-notorious absinthe enjoys UK revival
Launch of numerous new brands is behind the resurgent popularity and demand for the bohemian spirit banned in France for 100 years, according to The Observer
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Weekend PressChef-level fillings, queues down the street, big on TikTok: Britain’s new sandwich boom
Deluxe, restaurant-quality sandwiches have become a national obsession. Here’s why tuna mayo will never be the same again, The Observer writes
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Weekend PressPizza Hut UK hunts buyer amid Budget tax hike crisis
The operator of 140 Pizza Hut dine-in restaurants across Britain has hired advisers at Interpath to find new investors or a buyer amid stark warnings about the impact of the Budget, Sky News reports
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InterviewsGerry Ford: A lot of people get stuck because they can’t scale
Fresh off the back the acquisitions of 200 Degrees and FCB Coffee, Nero Group is now the go-to company for trade acquisitions, founder and CEO Gerry Ford tells MCA
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NewsGavin Adair to step down from Rosa’ Thai
He will step down from his role at the end of the year, and hand over to Sarah Hills, he was most recently COO at Cote
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NewsOpenings of the week
MCA rounds-up the latest openings stories from the past week, featuring Roxy Leisure’s first London site, a six venue for Black Bear Burger and the return of All Bar One to Richmond