All MCA Insight articles in September 2019
View all stories from this issue.
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News
Café concept Gastrono-me poised for expansion
All-day café concept Gastrono-me has initiated plans for a multi-site expansion over the next three years.
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News
Sussex-based Italian concept Rustico launches eighth site
Italian restaurant concept Rustico has launched its eighth site in Hailsham.
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News
Hospitality worst hit as UK unemployment rate rises
Hospitality workers have been worse hit as the UK’s unemployment rate rose to 5% in the three months to November 2020, new figures from the Office for National Statistics have revealed.
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News
Hotel quarantine plans to be announced today
A limited system of hotel quarantine will be announced later today, with travellers from Portugal, South Africa and Brazil likely to be first affected.
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News
City Pub Group ‘well positioned to emerge strongly’
The City Pub Group has secured a further £5m in liquidity through the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS) as it sees sales plummet 57% year-on-year.
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News
A.G. Barr revenues hit by hospitality lockdown
Soft drinks supplier A G Barr is expected to see revenues of £227m for the financial year 20/21, though sales have been disrupted by the closure of hospitality.
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News
Upping the NLW threatens “double whammy” for the industry
Sayid Javid has announced plans to raise the National Living Wage from its current rate of £8.21 to £10.50 inside five years. Speaking at the Conservative Party Conference, the chancellor also revealed plans to lower the age threshold in order for employees to qualify for the NLW from 25 to 21, saying the move would “help the next generation of go-getters to get ahead”. But UKHospitality CEO Kate Nicholls said the announcement ”threatens a double whammy
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News
Delivery versus in-house: What’s the difference in price?
I had a Deliveroo from Pho the other day. As nice as the Vietnamese curry always is, I was charged £11.25 for a dish that costs £10.50 in their Guildford restaurant. This started a small chain reaction of looking at other Pho price differentials, and then a few other restaurant chains. At Pho, the use of higher prices on Deliveroo was pretty much universal. Starter prices were typically 20p-30p dearer on dishes that mainly range between £4.95-£6.95, equating to a 4-6% premium on delivery.
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News
Creams appoints new execs in readiness for growth
Dessert café Creams has made several new appointments to its executive leadership team as it readies itself for the next stage of growth.
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News
Caring appoints Robinson CFO as Lawrence departs
Richard Caring has appointed Chris Robinson, formerly of Berry Bros. & Rudd wine merchants and Tesco, as chief financial officer across his main restaurant businesses, MCA can reveal.
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News
Jamie’s profits plunge following restaurant collapse
Jamie Oliver has revealed the scale of the impact the collapse of his restaurant group had on his overall business interests. Pre-tax profits at his businesses, made up of Jamie Oliver Holdings, Jamie Oliver Licensing and Jamie’s Italian International, almost halved by 46%, from £14.4m to £7.8m. The business said its profits were “impacted by exceptional costs of £9.9m in the year related to the restaurant group.”
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News
BBPA appoints new chief executive
The British Beer and Pub Association (BBPA) has appointed Emma McClarkin as its new chief executive, replacing Brigid Simmonds who steps down on 11 October.
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News
Chapel Down loses £1.7m amid investment drive
Chapel Down Group has reported year on year combined sales up 21% to £6.744m, for the six months to 30 June.
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News
Spragg: ‘If you get your proposition right, you are going to win’
Despite the struggling seen in the casual dining sector, “if you get your proposition right, you are going to win”, believes James Spragg, chief executive, Casual Dining Group.
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Analysis & Insight
Brits spend £70 average on a night out
Consumers are spending an average of £70.69 on a night out – including drinks at home, transport and food and drinks out, the latest Deltic Night Index reveals
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News
Phillimore to step down from Wells & Co
Wells & Co has announced CEO Justin Phillimore is stepping down at the end of the year after 13 years with the business.
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News
Mr Ji confirms Soho launch
Taiwanese fried chicken vendor, Mr Ji, is set to launch its UK debut site in Soho this November, at 72 Old Compton Street.
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News
Elysium looks to expand Pavilion concept with two sites in pipeline
Elysium Group has acquired two further sites for the expansion of its pan-Pacific concept Pavilion Lounge & Restaurant.
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News
TiPJAR begins rollout with Honest
TiPJAR, the tip solutions platform from BrewDog retail director James Brown and Rosa’s Thai co-founder Alex Moore, has begun rolling out to restaurants, beginning with Honest Burgers.
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News
Former Aside unit taken for veg bistro Naïfs
The former Aside unit in Peckham has been taken for a new vegan/vegetarian bistro concept Naïfs