All MCA Insight articles in September 2020 – Page 6
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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.
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Analysis & Insight
Food to Go to decline by £6bn in 2020
The food to go market is set to decline by £6bn in 2020 as a result of the coronavirus pandemic, analysis from Lumina Intelligence reveals.
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News
North East faces curfew
Pubs and restaurants could be subject to an arbitrary 10pm curfew in North-East England this weekend as areas including Newcastle, Sunderland and County Durham are due to be put under new local lockdown measures. Although the extent of the restrictions are yet to be confirmed, it is understood that alongside the curfew, measures could also include a ban on mixing between households, and people being encouraged to avoid using public transport for non-essential journeys.
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News
GBK enters sales process
Gourmet Burger Kitchen parent company Famous Brands has initiated a sales process for the chain. Last month, the South Africa-based group said it was continuing to explore “all options” to ensure the long-term sustainability of the brand in light of the coronavirus crisis, but has since decided to let go of the business.
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News
Government announces three-month eviction moratorium
The government will extend the eviction moratorium until the end of this year, communities secretary Robert Jenrick has announced today.
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News
Seafood Pub Co portfolio up for sale
Ten pubs formerly operated by Seafood Pub Company have been brought to market after the business went into administration.
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News
900,000 jobs at risk without sector-specific employment support
At least 900,000 jobs are at risk in hospitality unless the government provides sector-specific employment support, UK Hospitality has warned.
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Analysis & Insight
September footfall on the up
Footfall across the UK continued to grow this month despite the conclusion of the Eat Out to Help Out scheme, according to Wireless Social. The Wi-Fi solutions provider’s latest footfall tracker revealed that for the first two weeks in September (recorded Saturday 5 and 12 September), footfall was 40% down on pre-lockdown levels, 3% higher than Saturday 29 August.
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News
Sunak: Protecting jobs ‘number one priority’
Chancellor Rishi Sunak is considering cuts to employers’ National Insurance contributions and an extension of the business rates holiday, as he described finding new ways to protect jobs as his “number one priority”.
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Interviews
Inception Group co-founder Charlie Gilkes: ‘Consumers are hungry for experiential hospitality’
Experiential hospitality has never been more important for consumers, currently deprived as they are of large-scale events, Inception Group co-founder Charlie Gilkes has said. Speaking as part of MCA’s The Conversation panel, Gilkes said that the continued ban on mass live music events and ever-growing list of international travel restrictions has left consumers “very experience-starved,” and therefore open to a smaller-scale alternative.
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News
Loungers emerges from crisis as a ‘better business’
Loungers has reported a “significant market out-performance” since reopening, with net like for like sales growth of +29.9% from 4 July to 13 September 2020.
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Interviews
Rare Restaurants CEO Martin Williams: ‘Moratorium extension pointless without fiscal support for rent’
An extension of the lease forfeiture moratorium will do little to solve the industry’s rent crisis without a significant financial contribution from government, MCA’s The Conversation has heard.
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News
‘Positive outcome’ in covid insurance test case
Business interruption insurance policies with pandemic or notifiable disease clauses should be read as to cover coronavirus and claims should be met, the High Court has heard.
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News
Wetherspoon to develop £6.6m new-build pubs
Wetherspoon is to start development work on two new pubs in the coming weeks.
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News
Hospitality Action launches mental health survey
Industry charity Hospitality Action has launched an industry-wide mental health survey in light of the added pressures caused by the coronavirus crisis.
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News
D&D to open Bristol restaurant next month
D&D London is set to open an all-new restaurant in Bristol next month.
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News
Keir Starmer to call for targeted furlough scheme
Labour leader Keir Starmer is expected to call for a flexible alternative to the government’s Jobs Retention Scheme to “avoid mass unemployment,” according to the Financial Times.
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News
Domino’s delivers 5,000 new jobs after strong lockdown trading
Domino’s UK & Ireland will be hiring an additional 5,000 staff following a surge in demand during the coronavirus crisis.
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News
Government to extend lease forfeiture moratorium
The government could announce an extension of the lease forfeiture moratorium for hospitality and retail as early as this week, the Financial Times reports.
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News
Rent crisis will leave ‘bloodbath’ without resolution
A failure to act urgently to solve the rent crisis will trigger a “bloodbath” of hospitality businesses and thousands more jobs lost, UKHospitality has warned the Chancellor.