All MCA Insight articles in October 2022 – Page 6
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Interviews
‘I cried over Brexit, but then learned to box clever’
Boxpark founder Roger Wade speaks to The Times about emotions of selling his leisure and retail park concept
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Analysis & Insight
Pub stocks come with a bad hangover. I’ll keep ordering Heineken, though
The Sunday Times’ Ian Currie shares why Diageo remains one of his top stock picks
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Analysis & Insight
The Extreme Economic Pain of Running a Restaurant in the UK
The New Yorker visits Manchester to find an increasingly tough operating environment
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News
Controversial plans for Hooters restaurant in Liverpool knocked back
The American food chain’s hopes to open in Liverpool have been knocked back by councillors, Metro reports
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News
Aged 66 or over? You could get free pub food and drink during the World Cup
Greene King is launching a competition which would allow older customers to eat free during the 2022 World Cup
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News
Second major mini-budget U-turn as government raises corporation tax
Kwasi Kwarteng, who was on Friday sacked as chancellor, had promised in the mini-budget last month to keep corporation tax at 19% instead of increasing it to 25% as planned in April
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News
Urban Baristas targets residential areas for growth
The nine-strong Australian-style cafe chain is looking to grow its presence in residential areas and open at least five sites per year, CEO Huw Wardrope tells MCA
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News
‘The government has all but lost the confidence of the sector’
Trade bodies have called on the government to take a longer-term look at what will boost businesses and inspire confidence
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News
Leon expands grocery range to Ocado and Asda
The grocery line, launched in 2019 exclusively in Sainsbury’s, will be expanded to Ocado and Asda in October
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Interviews
Burger King UK: ‘There is opportunity for growth during these times’
The business has remained resilient through recent economic turmoil, with a significant new refinancing deal setting it up to benefit from growth opportunities, CEO Alasdair Murdoch tells MCA
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News
Industry leaders to discuss diversification at MCA’s Omnichannel Conference
Leaders from Coco di Mama, Boparan Restaurant Group, Hoppers, and Patty & Bun will discuss their omnichannel journeys at the conference on 9 November
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News
State of Play makes net zero pledge
The experiential leisure operator said it will abate all unavoidable emissions from its direct operations by 2030 and has joined Zero Carbon Forum in order to help reach its target.
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News
Comptoir Group appoints Nick Ayerst as CEO
Ayerst will take over from Jean-Michel Orieux, who has been interim CEO since August 2022, after former CEO Chaker Hanna stepped down. Orieux will revert to his role as independent non-executive director.
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News
Loungers delivers 17% growth in like-for-likes
The all-day operator continued to significantly outperform the market against the backdrop of macroeconomic challenges, which it said was testament to the relevance and resilience of its brands.
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News
Leon MDs to speak at MCA’s Omnichannel Conference
Glenn Edwards and Ashley Davis, joint MDs for Leon, will discuss the brand’s omnichannel strategy and digital transformation
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News
West Midlands to appoint night time economy advisor
The West Midlands Combined Authority is on the lookout for a night time economy advisor to support the sector’s recovery
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Analysis & Insight
Cocktail drinking is on the up
The percentage of consumers in Great Britain who typically drink cocktails in a licensed venue is up 11ppts to 31%, according to data from CGA by NielsenIQ.
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Battersea Power Station and new venues from JKS Restaurants, The Cocktail Club and more
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News
Island Poké appoints MD
Nicolas Barnoin will join the Hero Brands-backed business at the end of October from Famously Proper. He previously spent 20 years with Itsu
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Interviews
BKUK: ‘Karali deal gives us critical mass’
The acquisition of Karali Group’s 74 Burger King sites was a strategically important move and further strengthens its position in the drive-thru market, Burger King UK CEO Alasdair Murdoch told MCA