By M&C Report team2012-09-26T15:19:00+01:00
East Coast Concepts, the Manchester-based restaurant and bar group, has been bought out of administration.
The CVA proposed by Yo! on 14 August has been approved by its creditors. It will now close 19 of its 69 sites. ”These are exceptionally challenging times for our sector and we are pleased that our creditors have supported us in today’s vote,” said Yo! CEO Richard Hodgson. “This will ensure Yo! has a solid foundation to continue to adapt to the changes brought about by Covid-19, and allows us to focus on reopening remaining sites and rolling out our new restaurant model.”
BrewDog has confirmed it will be opening a 4,000 sq ft bar at The Barcode, the new leisure and entertainment development, located next to Drake Circus in Plymouth city centre.
Indian restaurant concept Dishoom has launched its newest delivery kitchen in Cambridge.
High-end restaurant group D&D London is considering expanding its suburban presence in light of the changes to people’s social behaviour caused by the Coronavirus pandemic.
Issuing further financial support for hospitality would be a “good policy decision” for Government if they wish to see a fast-paced recovery, Whitbread CEO Alison Brittain has said.
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