All MCA Insight articles in October 2021 – Page 7
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NewsPost-work socialising boosts trade
Pubs, bars & clubs benefited from a 43.5% boost in spending in September as office workers enjoyed evenings out, Barclaycard reports.
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Analysis & InsightEating out participation up 5%
The number of consumers choosing to eat and drink out rose 5% up the four weeks to 5 September 2021 to 56%, according to the latest data from Lumina Intelligence.
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NewsLuminar founder makes late-night return
Stephen Thomas, founder of Britain’s largest nightclub group Luminar, is making his return to the late-night sector with a new bar and nightclub business.
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Analysis & InsightWhy the PM’s ‘high skill, high wage’ plan fails to deliver
While developing homegrown talent should be encouraged, wages are just one factor in solving the labour shortage
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NewsHot property: Big Table, Popeyes and Itsu join Restaurant Conference panel
The special panel will examine the opportunity for well-capitalised businesses looking to grow.
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NewsCaring group secures new banking facility
Richard Caring’s restaurant group Troia Limited has secured a new £168m revolving credit facility, covering Caprice Holdings, The Birley Group and Troia UK Restaurants
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NewsRetailers urge Sunak to cut business rates to avoid high street disaster
Retail bosses and landlords have demanded a cut to business rates as fears grow that the tax is wrecking the recovery on the high street.
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NewsCovid or Brexit: What’s to blame for Britain’s shortages?
The Sunday Times asked economists at an independent think tank to explore five of the major squeezes Britain is facing
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NewsBrewDog app bug could have led to beer theft
Hackers could have stolen beer from BrewDog using bug that exposed details of 200,000 shareholders, due to vulnerabilities in its mobile app
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NewsMcDonald’s launches McPlant vegan burger
The latest item on McDonald’s menu is made of pea protein, tapping into the growing trend for faux meat consumption.
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NewsBurger King UK cooks up £600m float
The UK arm of the fast food giant is said to be close to appointing advisers ahead of plans to float on the London Stock Exchange.
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NewsTortilla embarks on life in the public eye
As shares in Tortilla begin trading on London’s AIM market, MCA looks at the company’s ambitions as a public company and asks whether being publicly-listed might provide it with a competitive advantage.
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NewsETM suffers ‘unprecedented challenges’ pushing up losses
ETM Group has reported turnover of £6.8m for the full year to 28 February 2021, down from £31.6m in the previous financial year.
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NewsFounder of Grubhub steps down from Just Eat
Matt Maloney joined Just Eat’s management board following its completion of the acquisition of Grubhub in June, and steps down to pursue other opportunities.
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NewsBrighton Pier Group settles £5m business interruption claim
Full year earnings at Brighton Pier Group are expected to be £2m higher than market expectations on the back of the settlement
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NewsTortilla begins trading on AIM
Tortilla’s admission to AIM this morning comes alongside the completion of a fundraising which has raised gross proceeds of £5m for the company and £23m for selling shareholders.
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NewsCampbell departs PizzaExpress
The casual dining brand has announced that David Campbell is standing down as CEO for personal reasons, having joined in November 2020.
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Analysis & InsightThe future of breakfast on the go
With the number of workers returning to offices unlikely to return to pre-pandemic levels we explore what impact this will have on the food to go breakfast market as well as the opportunities it could create
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NewsSustainability is on the agenda at MCA’s Restaurant Conference
Pizza Hut Restaurants, Burger King UK and Darwin & Wallace will take part in a special panel on sustainability with Zero Carbon Forum.
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NewsLumina: Food to go accounts for one-in-four eating out occasions
Consumers that are “out and about” are helping to drive food to go occasions, a trend that could grow further with the return to the office.