All MCA Insight articles in October 2022 – Page 5
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News
Revolution Bars Group acquires Peach Pub Company
The operator of the Revolution and Revolucion de Cuba brands has acquired the 21-strong operator of premium food-led pubs for a consideration of £16.5m as it looks to diversify its growth strategy.
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News
Beer supply threatened in run up to World Cup
GXO Logistics drivers, who deliver around 40% of UK beer, have announced they will go on strike between 31 October and 4 November over pay, Unite has said.
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Analysis & Insight
Lunch on the go purchases get the chop
Almost a third of consumers are now choosing to take a packed/home-made lunch into the office rather than purchase food on-the-go, according to data from Barclaycard.
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Analysis & Insight
Bar groups see 16% drop in like-for-likes
Like-for-like sales across Britain’s managed pub, bar and restaurant groups were down 3% on September 2021, but still up on pre-pandemic levels, according to the Coffer CGA Business Tracker
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News
Paul UK announces move into franchising
The bakery and patisserie chain has secured its first franchise partner in the UK as it looks to drive store growth outside London.
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News
Fridays launches ‘Show Your Stripes’ campaign
The campaign, which encourages guests to ‘come as they are’, is part of major repositioning of the brand
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News
Restaurants set to be hit by supplier strike action
Businesses including Wagamama, PizzaExpress and KFC are facing the possibility of “severe disruption” to their supply chain after GMB launched a strike vote at Best Food Logistics.
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News
Leon announces five new London openings
The brand will open in Brixton, Euston Rd, and Battersea, with additional sites in Clapham and Southbank later in the year
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News
Mark Crowther joins Pub People as NED
The former Liberation Group CEO heralded the Downing-backed pub company’s “exciting acquisition plan”
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Interviews
‘Richard Caring’s very tough, but if you get a return, he’s happy.’
Former Ivy Collection CEO David Campbell describes his experiences working for “awkward bosses”, who include Caring, as well as Bernie Eccleston and Richard Branson
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Analysis & Insight
Birmingham leads UK city recovery
The hospitality sector is boosting economic revival, but is being constrained by rising costs, rail strikes and other factors
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News
Heavenly Desserts to accelerate store openings
The high-end dessert parlour is looking to open 20 UK sites next year, and further its international reach, managing director Yousif Aslam tells MCA
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News
Hunt scraps tax cuts from £45bn to £12bn
London’s stock markets reacted positively to the U-turn, but families could face energy bills of up to £5,000 from April
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News
Landmark rulings on Covid insurance cases
Insurers won key parts of a dispute with Stonegate, while separately Greggs won a battle in its £150m insurance claim
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News
St Austell acquires third pub in recent months
CEO Kevin Georgel said it’s vital the government continues to “listen and invest in the recovery of our sector”
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News
‘Alcohol duty freeze would have saved £300m’
The announcement by new Chancellor Jeremy Hunt is a “huge blow” for the sector which is facing “out of control” costs, according to BBPA chief executive Emma McClarkin
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News
Hospitality workers losing £200m a year in tip deductions, Labour claims
The party has pledged to “stamp out” unfair deductions and will set out plans this week to ensure employers allocate all tips to staff
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Analysis & Insight
Late night businesses facing ‘untenable’ energy costs
Many businesses are facing an increase in energy costs of +300% despite the government’s support package, the NTIA has said.
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News
Caffè Nero and Waitrose link up on loyalty
The coffee chain and the supermarket retailer have embarked on a new partnership which will see benefits offered to each other’s customers through a linked reward scheme.
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News
Inn Collection secures further Welsh property
The group has completed on its second Welsh site – The Bull in Beaumaris on the Isle of Anglesey – for an undisclosed sum, taking its estate to 32 sites.