All MCA Insight articles in September 2022 – Page 11
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NewsMarkets buoyed by prospect of energy price freeze
Shares in JDW, Greggs, Domino’s, and Mitchells & Butlers are among those that rose as markets reacted positively to the prospect of emergency support
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NewsGreene King launches new maternity leave policy
The new policy entitles salaried team members to full pay for the first 26 weeks, which the pub operator claims is one of the most competitive in the sector
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NewsDelli raises $7.2m
The online deli platform, from the founder of fashion marketplace Depop, aims to achieve a similar in food & beverage
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InterviewsRekom UK has confidence to build strong pipeline
The late-night club and bar operator has ”the potential” to open a further +10 venues during the remainder of 2022, chairman Peter Marks has told MCA
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NewsMcDonald’s to appear at MCA’s Restaurant Conference
Chief operating officer Gareth Pearson will share learnings from the brand’s £250m Convenience of the Future programme
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Analysis & InsightFish and chips remains top choice for pubgoers
Fish and chips is Britain’s most-wanted pub meal, with increasing willingness to explore premium versions of the classic meal, according to CGA
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InterviewsTom Kerridge: Energy prices ‘absolutely terrifying’
The gastropub operator was recently faced with an electricity renewal quote representing a 700% increase, he tells the Morning Advertiser.
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Analysis & InsightEnergy crisis: ‘Price rises cannot be completely avoided’
As utility costs force even viable businesses to the brink of collapse, MCA speaks to the leaders of JD Wetherspoon, Admiral Taverns, Pizza Hut UK and Fulham Shore about how they’re coping
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NewsTruss set to announce support package for businesses
In a £40bn package, the new PM is expected to either set an energy price cap for businesses or introduce a price reduction
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NewsItsu announces 13% pay rise for all staff
The Asian-inspired chain will increase pay for the +1,200 staff at its equity-owned restaurants, with the entry level rate to rise to £11.50 per hour
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NewsIn pictures: 1920s-inspired interiors at Browns Beaconsfield
Browns Brasserie & Bar has reopened its Beaconsfield location following a major refurbishment with 1920s-inspired decor
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NewsIndustry bodies call for urgent support
UKHospitality, the Night Time Industries Association, and the British Beer and Pub Association appealed to the new PM
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NewsRekom UK in ‘rude health’
The late night operator said its target audience of 18-24 made it less likely to feel the impact of a pending recession compared to businesses with an older demographic
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Analysis & InsightOperators urge PM Truss to take action
As newly elected PM Liz Truss enters No 10, MCA speaks to the leaders of D&D London, Oakman Group, Punch Pubs and Hostmore about their key demands from the new government
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NewsRekom makes further Cardiff acquisition
The late-night bar and club operator has acquired Story nightclub, which will become its fifth venue in the city
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NewsPeckwater secures £14m on Seedrs
Backed by Stonegate Group and SoftBank Investments, the virtual restaurant operator launched the crowdfunding round yesterday with a pre-money valuation of £50m
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Analysis & InsightHospitality enjoys summer reprieve
Consumer card spending on hospitality saw a month-on-month rise in August, boosted by summer weather and staycations
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News‘Viable businesses face ruin’
The leaders of Pret, Itsu, Pizza Hut and KFC have called for “decisive urgent action” on VAT for businesses facing unprecedented short-term headwinds
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NewsTruss plans ‘bold’ energy freeze for business and consumers
The new PM is expected to announce a cap to the cost of gas used for electricity and heating, which would commit the government to paying the country’s energy bills above a certain point to stop widespread insolvencies and hardship
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NewsYou Me Sushi looking to treble estate
The predominately London-based business is looking to grow its estate three-fold in the next two years as it looks to expand through franchising