All articles by Shwetali Sapte – Page 123
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NewsAnglian Country Inns reports lfl revenue up on 2019
The pub and inn operator reported a 20% rise in like-for-like (lfl) revenue on 2019, with revenue of £14.3m for the 52 weeks ending 3 April
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Analysis & InsightHospitality sees sharp fall in output in September
Pubs, hotels, and restaurants experienced the sharpest falls in output of any UK sector in September, according to the Lloyds Bank UK Sector Tracker
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Analysis & InsightHospitality loses 2,200 sites in three months
Britain’s licensed sector has lost over 2,200 sites between June and September as rising costs take their toll, according to the Hospitality Market Monitor
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NewsInflation hits 10.1% in September
Consumer price inflation increased to 10.1% in September from 9.9% in August, driven by a 14.6% increase in food and non-alcoholic beverage prices
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NewsFuller’s launches bespoke campaign attract older workers
The pub and hotel operator has launched a recruitment campaign with Rest Less, a community for people in their 50s or older
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NewsJust Eat Takeaway reports return to profit
The delivery company has announced profitability earlier than expected, with positive adjusted EBITDA in its trading update for Q3 2022
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NewsUrban Baristas targets residential areas for growth
The nine-strong Australian-style cafe chain is looking to grow its presence in residential areas and open at least five sites per year, CEO Huw Wardrope tells MCA
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News‘The government has all but lost the confidence of the sector’
Trade bodies have called on the government to take a longer-term look at what will boost businesses and inspire confidence
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NewsLeon expands grocery range to Ocado and Asda
The grocery line, launched in 2019 exclusively in Sainsbury’s, will be expanded to Ocado and Asda in October
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NewsWest Midlands to appoint night time economy advisor
The West Midlands Combined Authority is on the lookout for a night time economy advisor to support the sector’s recovery
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Battersea Power Station and new venues from JKS Restaurants, The Cocktail Club and more
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NewsJonathan Goldstein: ‘The chancellor needs to give confidence to the marketplace’
The Cain International CEO and chairman of Prezzo discussed the steps the government should take to foster growth
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NewsWolseley Hospitality Group reports strong trading in 2021
Despite Covid-related closures, the group reported strong sales in the year to December 2021 and plans to open two restaurants next year
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NewsUKHospitality unveils new sustainability strategy
UKHospitality CEO Kate Nicholls and speakers including Burger King’s Tim Doubleday unveiled a series of sustainability commitments for the sector during a seminar
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Analysis & InsightConsumers maintain delivery and takeaway spend
More than half (57%) of UK consumers are now purchasing up to three takeaways per week, compared to 49% last August, according to a survey commissioned by Deliverect
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NewsUKHospitality calls for support on recruitment
While unemployment and vacancies fell between June to August, the sector is still hampered by significant vacancies, UKHospitality CEO Kate Nicholls said
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NewsGDP contracts by 0.3% in August
According to the latest data from the ONS, GDP is estimated to have fallen by 0.3% in August
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NewsPret’s Andrea Wareham to step down
After 22 years at Pret, chief people officer Andrea Wareham will step down and be replaced by Ed Evans
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NewsPret announces second pay rise this year
Pret will invest £10m in staff pay in addition to the £9.2m invested earlier this year to help support UK staff with the rising cost of living
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Analysis & Insight‘Hospitality will survive, it’s just a question of who’
Uncertainty over costs is proving one of the biggest headaches for operators as they look to ride out economic challenges. MCA speaks to expert commentators about the current pressures, and how businesses can look to take back control amid financial turbulence