All MCA Insight articles in September 2022 – Page 7
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NewsFuller’s sees ‘significant increase’ in energy bills
The pub company expects its total gas and electricity costs in the current year to be around £18m against a prior year figure of £8m
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NewsOcean Basket prepares for UK growth
The South African casual dining concept, which has over 200 restaurants in 16 countries, is gearing up to expand in the UK, CEO Grace Harding said
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InterviewsGreene King moves to data-led approach
The pub operator is focusing on targeted communication and becoming increasily digitally driven, according to commercial and marketing director Andrew Gallagher
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Analysis & InsightPub and bar sector nearing 2019 market value
The UK pub and bar sector is forecast to grow by 56.7% in 2022, to reach a total value of £22.5bn – 98% of its 2019 value, according to a new Lumina Intelligence report.
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NewsDitching Russian oil risks global food crisis, experts warn
The Bank of International Settlements warns grain could be diverted to biofuel, The Times reports
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NewsCasa do Frango hatches plan to expand
Casa do Frango, which has two sites in London, is looking to expand to between ten and twelve locations, The Times reports
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NewsPret’s Pano Christou wants to take chain global
Following plans to open in Spain, India, and Kuwait, CEO Pano Christou wants Pret to carry on growing overseas, the Mail on Sunday reports
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NewsHawksmoor in early stages of being put up for sale, according to Daily Mail City sources
Steak restaurant business Hawksmoor is in the early stages of being put up for sale, the Daily Mail City reports
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NewsPint of milk now more expensive than petrol at these supermarkets
Dairy price increases are even outpacing forecourt fuel costs, The Telegraph reports
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NewsScottish business warns recycling scheme will split UK drinks market
A new deposit system is creating regulatory headaches for businesses who want to support it, the Financial Times reports
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NewsInflation kills off hopes for return of plant-based meat boom
A sector once favoured by investors is coming under pressure as inflation surges, the Financial Times reports
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NewsRestaurants v the cost of living crisis: how will they cope?
The Guardian explores how hospitality will adapt to an uncertain future
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NewsLondon hospitality businesses see surge in demand from funeral visitors
Businesses are seeing an ‘increase in footfall and revenue’ due to the influx of people to the capital, the Evening Standard reports
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InterviewsDistrict looking to expand presence in London
The Australian-born coffee concept is laying foundations to grow from its current estate of three, founder Chelsea Finch has said
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NewsThe Salad Project to expand in London
The recently launched salad bar concept will open a third site in London in January, amid plans to expand across the UK, co-founder Florian de Chezelles said
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NewsOpenings of the week
MCA rounds up openings and new restaurant news highlights, including Hub Box, Sides, Chi, Zambrero and Drunch
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NewsMini-budget to take place next week
The timing of the fiscal event has been constrained due to Parliament being suspended while the country is in a 10-day period of national mourning
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NewsWetherspoons to keep London venues open on Monday
London businesses have been asked to remain open to serve the influx of visitors expected in the capital for the Queen’s funeral
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NewsBrewers face tenfold rise in CO₂ costs
Robinsons was warned the unexpected price hikes risk pricing the beer brewer out of the market
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Analysis & InsightConsumer confidence in negative territory
The Consumer Confidence Index fell by 4.2 points in August, to 98.8 – the largest decline since June 2020, according to YouGov and CEBR survey