All MCA Insight articles in October 2021
View all stories from this issue.
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News
Advisors appointed for Burger King UK float
Burger King UK’s backer Bridgepoint has appointed Bank of America and Investec to advise on the floatation of the fast-food giant, during the first half of 2022
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Weekend Press
Food party isn’t over, says Street Feast boss after collapse
Jonathan Downey said he had lost an estimated £25m from the company’s collapse but he was determined that it would return
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Weekend Press
Fear weighs heavily on a night out amid growing concern over drink-spiking
On Wednesday nightclubs in Britain’s cities fell quiet as thousands of women joined the Girls’ Night In campaign
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Weekend Press
Activists say Just Eat Takeaway must slim down after takeover spree
Jitse Groen is not one to shy away from a fight — just ask Uber boss Dara Khosrowshahi
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Weekend Press
Roadchef poised to change hands for up to £1bn
City sources said its owner – a French infrastructure and private equity firm called Antin – has appointed advisers from Australian investment bank Macquarie
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Weekend Press
Greggs sues Zurich for £100m over unpaid Covid claim
The food to go chain has claimed it is owed the payout as compensation for when its stores had to close due to government-enforced lockdowns
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News
Spitalfields still on the cards for Time Out Markets
The group is awaiting the outcome of a Listed Building consent application but is looking to open the Spitalfields site in 2023
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News
Sunak to reconsider limits on beer tax cut
Chancellor Rishi Sunak is under pressure to change the limit on the size of beer barrels included in the new tax cut to 20 or 30 litres.
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News
New COO at Bill’s
Bill’s Restaurants has appointed former Côte Brasserie ops director Rebecca Tooth as its new chief operating officer.
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News
Boost Juice settles £6m in loans
Parent company TD4 Brands has reached an agreement with its funder BGF to settle its outstanding loan notes
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Analysis & Insight
Consumers prefer in-house delivery apps
Square’s Future of Restaurants Report also found that one in five operators expect the majority of their sales to come from delivery or takeaway channels in the next 12 months.
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Interviews
Late night operators have ‘failed to get safety message across’
Following reports about spiking by injection, Rekom UK CEO Peter Marks told MCA it had found no evidence of any needles during checks on guests entering its venues
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News
Business rates relief will have ‘limited benefits’
The Chancellor’s Budget announcement has been described as “underwhelming” as it is limited to a maximum discount of £110,000.
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News
UK leads McDonald’s international growth
Delivery, digital and strong marketing promotions have seen McDonald’s UK business deliver strong double-digit sales growth
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News
Various Eateries reports very encouraging trading
Like-for-like revenue across the Coppa Club estate was up 21% from 17 May to 3 October 2021 compared to 2019
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News
New chairman for The Restaurant Group
The Restaurant Group has announced Ken Hanna will join the board, beginning his role as chairman on 1 January 2022.
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Analysis & Insight
Budget reaction: Wet-led community pubs hailed as winners
Alcohol duty reform was received positively and “should be introduced as soon as possible” while the one year 50% discount on business rates was seen to favour smaller operators and community pubs.
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News
Rekom eyes up four Danish brands for UK openings
Rekom UK is to bring Heidi’s Bier Bar to Cardiff in the coming months and has plans to open other venues under three further brands operated by its Danish parent company.
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Interviews
Urban Pubs & Bars to 'double in size' by spring
The London-based pub, bar and restaurant group yesterday announced it had acquired 13 sites from Barworks
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News
Sunak: ‘Challenging backdrop of rising inflation’
Chancellor Rishi Sunak has warned inflationary pressures will continue to buffet the UK economy, and is forecast to average 4% next year