All MCA Insight articles in September 2021 – Page 3
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News
Oakman: ‘A lot of our growth will come from repurposed sites’
The challenges around acquiring large freehold pub sites in great market towns has led Oakman Inns to refocus its growth strategy.
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News
Tasty sees losses reduce as summer trade boosts balance sheet
Tasty said it now had “a viable platform” on which to build a successful business following support from creditors, landlords and government, as it reported a +33% uplift in revenue for the half year to 27 June 2021.
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News
Azzurri: ‘Coco di Mama has become omnichannel’
Coco Di Mama has gone from being a central London bricks and mortar business to having a nationwide proposition, with licensing and franching opportunities in play. And it’s all down to the pandemic.
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News
Patisserie Valerie auditor found to have ‘serious lack of competence’
Accountancy firm Grant Thornton has been fined more than £2.3m over numerous failings in the audits of Patisserie Valerie.
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News
Loungers: 'Talk about the total package to attract staff'
The level of staff wages is not necessarily the only consideration for people working in hospitality, according to Caryn Savazzi, people director at Loungers.
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News
Burger King UK lfls sales down 23% last year
Burger King UK experienced an “extremely encouraging performance in delivery and drive thru,” despite significant trading disruption in high streets and shopping centres in 2020
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News
Turtle Bay sales 50% up on 2019 levels
Ajith Jayawickrema, deputy chairman, and co-founder of Turtle Bay has said that the company was trading “very strongly” out its of 44 sites.
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News
PM insists on pay rise for truckers
Boris Johnson has called on HGV bosses to give drivers a pay rise as the Prime Minister prepares to send them one million morale-boosting letters in the run-up to Christmas.
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News
Britain has 10 days to save Christmas, warns retail industry amid lorry driver crisis
Significant disruption in the run-up to Christmas is inevitable unless more delivery drivers are found in the next 10 days, the retail industry has warned.
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News
Mark Hix is back in business with a cool village pub
After a tough year, restaurateur Mark Hix has opened a village pub with rooms in rural Dorset
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Interviews
Rick Stein: ‘It’s absurd that we don’t eat all the fish we catch’
We should be a nation of seafood lovers, so what’s holding us back? The chef talks Brexit, bureaucracy and the need to buy more British fish
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News
UK to issue temporary visas for truck drivers and farm workers
Business leaders have warned that the British government’s plan to issue 10,500 temporary visas to lorry drivers and agricultural workers to tackle labour shortages does not go far enough to fix the crisis.
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Analysis & Insight
Pub deals show 'genuine demand' for market
Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.
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News
Electric plans £1.5m refurb for former O2 Academy
Electric Group, the nightclub and live music venue operator backed by family that own River Island, has secured the former O2 Newcastle Academy, with plans for a UK-wide expansion drive.
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Opinion
Where are all the eco customers?
David Chenery of sustainable hospitality design agency Object Space Place explores the mismatch between what consumers say and what consumers do when it comes to the environment
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News
CGA: ‘Pubs have been remarkably quick to adapt’
Nearly a year of annual sales has been lost from the market announced Karl Chessell at MCA’s Pub Conference but “pubs have been quick to adapt”
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News
City Pub Group: ‘We are back on the acquisition trail’
The group is open to repurposing venues as part of its plans to break the 100-site mark, with several new locations in the pipeline, including a cider brew pub in Bath.
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News
Tortilla announces plans to float
Tortilla has announced plans to list on AIM in early October, as well as making two new non-exec appointments with the arrival of Emma Woods and Laurence Keen.
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News
Popeyes announces first UK outlet opening
Popeyes will open its first UK restaurant in London’s Westfield Strafford in November with other new store openings to be announced soon.
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News
Staff to keep all tips under new government rules
All tips will be given directly to hospitality workers without any deductions under new plans to be set out by the government today.