All MCA Insight articles in September 2020 – Page 5
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News
Various Eateries to enter AIM with market cap of £65m
Various Eateries, the Hugh Osmond-backed operator of the Coppa Club, has confirmed its proposed admission to trading on AIM, with a share placing to raise around £25m.
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News
‘No evidence’ hospitality responsible for transmission spike
Hospitality leaders have strongly rejected health secretary Matt Hancock’s suggestion that pubs and restaurants are one of the key places of coronavirus transmission.
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News
New business loans to support firms through second wave
Chancellor Rishi Sunak is to extend the Treasury’s programme of business support loans as ministers look to support the economy through an anticipated winter of new restrictions.
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Analysis & Insight
Snapshot: Itsu ‘store of the future’ in pictures
Itsu, the Asian-inspired, healthy fast-food brand, has unveiled its new ‘Store of the Future’ concept, which uses robot technology.
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News
Papa John’s UK consolidation will support 40 new stores
Papa John’s has announced plans to consolidate its international team in its UK corporate office in Milton Keynes as part of a global reorganization.
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News
Lancashire and Merseyside face curfew as threat of national lockdown looms
Hospitality businesses in Lancashire and Merseyside will be forced to shut early from next week as tighter restrictions are introduced in the North West, Midlands and West Yorkshire.
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News
Mod Pizza enters insolvency proceedings
Mod Pizza, the Sir Charles Dunstone-backed concept, is believed to have entered insolvency proceedings.
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Interviews
Grind CEO David Abrahamovitch: ‘Lockdown was the best and worst thing for our business’
When it comes to location, Grind’s situation couldn’t be worse, admits founder and CEO David Abrahamovitch. With sites directly outside some of London’s used-to-be busiest stations – Liverpool Street, London Bridge and Bank – the coffee brand is one of many attempting to navigate its recovery in the now deserted capital, and Abrahamovitch is under no illusion that trade will return to normal anytime soon.
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Event News
The Conversation – Digital Event by MCA
Join us for The Conversation, MCA’s weekly online event for hospitality leaders.
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Interviews
Pizza Pilgrims co-founder Thom Elliot: ‘We still believe in central London’
Through a nationwide lockdown, complete drop-off in London footfall, and slow and ongoing recovery, Pizza Pilgrims, true to name, hasn’t stopped moving. Having reopened its London City site on Tuesday (15 September), the brand’s entire 13-strong estate is now back up and running, but the reopening of dine-in is just one of many positive steps the business has been able to take in the past six months.
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News
Whitbread non-exec steps down
Whitbread non-executive director Deanna Oppenheimer is to step down from the board this year.
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News
Welcome Break shows “resilience” in post-lockdown recovery
Motorway service operator Welcome Break has seen a “resilient” recovery in sales post-lockdown, owner Applegreen has announced.
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News
London mayor calls for year-long extension of business rates holiday
London mayor Sadiq Khan has called for a year-long extension of the business rates holiday for retail, hospitality and leisure businesses.
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News
Tim Martin calls for tax equality between pubs and supermarkets
Wetherspoon is to cut the price of all food and drink on Thursday 24 September as it hosts a ‘Tax Equality Day.’
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News
BBPA: North East curfew a significant blow to pub sector
The latest lockdown restrictions in parts of the North East are a “significant blow” to the sector, the British Beer and Pub Association has said.
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News
Unpaid rent bills to total £4.6bn this year
Commercial property landlords could be left with unpaid rent bills of £4.6bn this year, according to the British Property Federation.
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Opinion
Ted Schama: From third place to second place
I am a family and community man. I live by Hampstead heath and revel in walking the dogs, meeting new people and seeing old faces. I suppose you could say I am a people person.
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Opinion
Philip Kolvin QC: Regulators v insurers, the verdict
Sometimes white smoke appears from a chimney and the result is clear. Sometimes, smoke rises from the battlefield, casualties are counted and it takes a century or two to work out who won and lost.
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Interviews
Loungers CEO Nick Collins: ‘Our customers missed us’
All-day café-bar-restaurant operator Loungers is back to its market beating trading, with net like for like sales growth of 29.9% over the past nine weeks.
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Analysis & Insight
Poll: 86% say rule of six will negatively impact business
An overwhelming majority of operators believe the ‘rule of six’ will negatively impact their business, Lumina Intelligence’s Hospitality Leaders Poll reveals.