All MCA Insight articles in October 2022 – Page 3
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News
Wimpy UK achieves 14% sales uplift
While sales rose during the six months to 31 August 2022, the Famous Brands owned business said the cost of living crisis had “eroded consumer confidence” in the UK.
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Opinion
David Read: ‘Leadership and entrepreneurial talent will see us through’
Things may be tougher than ever, but innovation remains our best route to survival, David Read, founder and chairman, Prestige Purchasing, writes for MCA.
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News
Public calls on government to support pubs
Around 12 pubs are closing each week amid escalating costs, with the Long Live the Local campaign calling for government support on alcohol duty, business rates and VAT
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Analysis & Insight
Coffee and sandwich shops among strongest performing channels
Growth was achieved through a mix of physical expansion, new site diversification, including drive-thru and smaller format stores, and the exploration of omnichannel routes, Lumina Intelligence’s category spotlight reveals
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Interviews
Yummy Collection: ‘The strategy is to create an incubator business’
Founder Anthony Pender speaks to MCA about the newly restructured business, which is eyeing freehold properties in the M25 corridor
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News
New World Trading Company introduces North Light concept
NWTC has announced a new bar and restaurant concept called North Light, due to open in Chester early next year
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News
Inn Collection Group acquires further Welsh hotel
The Inn Collection Group has acquired the St Kilda Hotel in Llandudno, Wales, to add to its growing estate of pubs with accommodation
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News
‘Stable political leadership is critical’
Following the announcement of new Prime Minister, trade bodies have called on Rishi Sunak for political stability and a reform of the business rates system
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Opinion
Dominic Walsh: ‘Maybe balancing and diversifying is a great idea after all’
Dominic Walsh examines Revolution Bars’ recent acquisition of Peach Pubs, and the opportunities the country pub company can add to the portfolio
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Analysis & Insight
Consumers to cut down on nights out amid cost of living crisis
Over a third of respondents will be significantly reducing the amount they go out in the coming months, according to the latest Rekom UK Night Index
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News
Julian Metcalfe: ‘Everything is going to rocket in price’
Speaking to The Telegraph, the Pret and Itsu founder recommended a reduction in VAT and business rates as well as an easing of immigration policy
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News
Loungers appoints marketing director
Kate Lister, former marketing director for Ole and Steen. has joined the Loungers team
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Analysis & Insight
Consumer confidence reaches record low
UK consumer confidence fell for a fifth consecutive quarter, reaching a record low of -20%, according to the Deloitte Consumer Confidence Tracker
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Opinion
Sunak best choice for PM, argues JDW’s Tim Martin
Tim Martin examines the effects of political chaos on the bond markets, arguing that Sunak is best placed to take the helm
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News
‘Fishless fish’: the next big trend in the seafood industry
‘Alternative seafood’ is having a moment, with the rise of companies like BlueNalu and Wildtype, The Guardian reports
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News
UK consumer confidence remains near 50-year-low
Britons fear ‘web of uncertainty and turmoil’ as spending cuts and further price rises loom, the Financial Times reports
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News
Coffee: lower bean prices no relief for caffeine addicts
Despite falling bean prices, the price of a premium takeaway coffee in Britain has climbed 7.9 per cent since January, the Financial Times reports
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News
UK retail and hospitality groups warn of Christmas staffing shortages
Companies are dealing with wage inflation along with challenges in hiring overseas workers, the Financial Times reports
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News
UK braces for highest base rate rise in years
Bank of England widely expected to raise rate by 0.75 percentage points early next month, the Mail on Sunday reports
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News
Will the markets get their wish for stability with a new prime minister?
The Times examines the implications of PM Truss’ resignation and the ensuing political instability for markets