All MCA Insight articles in October 2020

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  • Kate Nicholls 055
    Analysis & Insight

    Kate Nicholls: VAT cut extension more likely than new EOHO


    The Treasury is more likely to extend the VAT cut in April than introduce a new Eat Out to Help Out scheme, Kate Nicholls has suggested.

  • Wahaca interior

    Wahaca’s journey to Nando’s stablemate


    The acquisition of Wahaca by the owners of Nando’s gives a much-needed injection of equity to a brand that has experienced more than its fair share of turmoil over its 13 years.

  • Everyman

    Everyman hires FTI to assist in rent talks


    Everyman Media Group has become the latest cinema chain to hire financial advisors, Sky News reports.

  • TGIF---Cobham---Shopfront-2 (1)

    TGI Fridays to launch sister brand 63rd+1st


    TGI Fridays has announced the launch of a new cocktail bar and restaurant brand, 63rd+1st.

  • Wahaca_Liverpool

    Wahaca acquired by Nando’s owner


    Wahaca has been acquired in a rescue deal by the billionaire owner of Nando’s.

  • Papa John one use

    Mark out of Ten - Papa John’s EFL Trophy


    Lately I have been really getting into the idea as a businessperson, brand or marketer, you need to embrace the negative way more than the positive. I have just completed two mini MBAs with former marketing professor Mark Ritson, who argues as part of brand awareness, you must define, measure and track your negative brand associations as well as your positive ones.

  • The Real Greek

    The Real Greek lines up Bracknell opening


    The Real Greek is set to open its 18th site in The Lexicon in Bracknell next month. Located on 12 Eagle Lane, the 145-cover site will include inside and outside seating and will open with delivery and collection after the month-long lockdown comes to an end in December. According to the Fulham Shore-backed brand, it has “continued to thrive” despite the current crisis, and the new opening follows a period of “sustained demand” throughout 2020.

  • Deliveroo rider

    Deliveroo appoints Worldpay’s Medlock ahead of IPO


    Deliveroo has lined up former Worldpay CFO Rick Medlock to chair its audit committee as it prepares to list, Sky News reports.

  • Revolutions Bar Group

    Revolution Bars approves CVA, closing six sites


    Revolution Bars Group has approved its company voluntary arrangement (CVA), which will see it close six bars.

  • GettyImages-1162601684

    Phased reopening set out for Northern Ireland hospitality


    Hospitality business in Northern Ireland are to remain closed until at least the 20 November as the country’s ‘circuit-breaker’ lockdown is extended another week. Leaders announced yesterday (12 November) that unlicensed premises, including cafes and coffee shops, will be permitted to reopen from next Friday with an 8pm curfew, and pubs and bars will be able to sell sealed off-sales.

  • caffe nero coffee

    Caffe Nero enters CVA


    Caffe Nero entered announced it had entered into a Company Voluntary Arrangement (CVA) last night, blaming the second national lockdown.

  • GettyImages-1218403507

    Scientists blame virus spike on ‘crazy scenes’ on eve of lockdown


    A rise in coronavirus cases of 50% has been blamed on increased numbers visiting pubs and restaurants ahead of the second lockdown coming into force.

  • Patrick Dardis

    ​Young’s CEO Patrick Dardis: ’We’re going to ​see this through very comfortably’


    Normally when a CEO of listed pub company suggests a set of financial results are not really about the numbers, it would raise the eyebrow of an attentive journalist.

  • PizzaExpress

    Peter Martin: Creating the playbook


    When David Campbell took on the top job at Wagamama one of the first things he did was start to read. The book was The Way of the Noodle, part written and inspired by Wagamama’s enigmatic creator Alan Yau.

  • GettyImages-1210736764
    Analysis & Insight

    Vaccine news boosts sector optimism


    Confidence levels in the sector shot up following news of the vaccine, Lumina Intelligence’s Hospitality Leaders Poll reveals.

  • 50377909368_fe6b7e58ca_o

    Sunak denies dropping hints on EOHO


    Rishi Sunak has downplayed suggestions that he hinted plans to bring back the Eat Out to Help Out scheme.

  • The Conversation

    Listen to The Conversation


    This session was hosted by MCA Deputy Editor Finn Scott-Delany, who was pleased to welcome back Kate Nicholls UKH CEO and Hugh Osmond, Director of Various Eateries. Hugh Osmond was the original founder of Punch Taverns and took Pizza Express public in 1993. The entrepreneur acquired Strada in 2014 via his Sun Capital Partners vehicle, and founded upmarket all-day brand Coppa Club. Hugh has forthright views on the lockdown measures, using a recent Daily Mail opinion piece to warn government, after it announced a second national lockdown, that Christmas is already over in the hospitality sector, and that many hospitality venues will never reopen.

  • Supply chain concerns
    Analysis & Insight

    David Read: The state of supply


    It’s hard not to take the pandemic personally. We all have our own view on the world, but when circumstances conspire time and time again to blow us off course, even from a plan with just a few weeks as its time horizon, it is easy to get downhearted. It’s also easy to forget that the producer, wholesaler and distributor businesses that service our sector have arguably had it even worse. Take this current lockdown for example – many suppliers have spent the first two weeks resolving issues with surplus stock, disrupted delivery scheduling, and coping with massively lower drop sizes; and will shortly need to plan re-opening on December 3rd, with absolutely no visibility on whether the sector will re-open at all, and if it does where, how and when.

  • Coppa Club

    Various Eateries director Hugh Osmond: ‘We’ll be opening new sites as quickly as possible’


    Coppa Club operator Various Eateries’ prospects are better than ever despite the latest month-long lockdown, director Hugh Osmond has said.

  • unnamed

    Pop Golf to launch at Boxpark Wembley


    The team behind Playgolf and Mighty Adventures are moving into the competitive socialising space with new concept Pop Golf.