All articles by Shwetali Sapte – Page 92
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NewsFamously Proper looks to secure pre-pack deal
The Byron and Mother Clucker owner has filed a notice of intention to appoint administrators but is confident it will secure a rescue deal
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NewsGreggs continues robust trading
The food-to-go retailer has reported total sales of £1,513m for the year ended 31 December 2022, up 23% from £1,230m in 2021
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NewsNightcap restructures to operate as single group
Nightcap has announced it will operate as a group rather than three companies – The Cocktail Club, Adventure Bar Group, and Barrio – beginning this month
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Analysis & InsightChristmas trading at pubs remains down on pre-pandemic levels
Key Christmas trading days saw draught beer and cider sales 13.6% down on 2019, according to Oxford Partnership
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NewsAdmiral Taverns turnover boosted by Hawthorn integration
The c1,550-strong pub operator reported turnover of £152.8m following the successful integration of the Hawthorn Community Pub Company
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![Trapdoor Bar[17]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/9/9/8/281998_trapdoorbar17_395150.jpg)
NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Vapiano, JDW, Fridays and Chopstix
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NewsInterest rates rise to 3.5%
The Bank of England has lifted interest rates to a 14-year high of 3.5% yesterday, with the expectation the UK will fall into recession this quarter
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Analysis & InsightEating out market expected to total £101bn in 2025
The eating out market is expected to total £101bn following stability in inflation and recovery in consumer spending power, according to the Lumina Intelligence
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NewsNightcap grants share options to employees
The Cocktail Club, Adventure Bar Group, and Barrio operator announced it has granted a total of 2,690,000 share options to a number of employees
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NewsUKHospitality: ‘Certainty needed on future of energy support scheme’
Responding to yesterday’s inflation figures, UKHospitality CEO Kate Nicholls said businesses are experiencing inflation across operations
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NewsCity Pub Company: ‘We are curtailing our expansion and refurbishment plans’
Chairman Clive Watson said expansion plans have been paused amid staff shortages, higher operating costs, and decline in spend
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Analysis & InsightStaff shortages cause one third of businesses to reduce Christmas trading hours
13% of businesses are reducing opening days and 35% are simplifying menus due to staff shortages, according to UKHospitality and CGA
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NewsPizza Pilgrims: ‘Pizza in the post was a big driver for expansion’
Speaking at MCA’s Omnichannel Conference, head of marketing Ruth Carpenter spoke about building the brand outside London
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NewsAzzurri Group unveils new sustainable dining strategy
The Recipe for a Better Future report sets out the goals of providing carbon labelling and making 65% of dishes low carbon options
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Analysis & InsightFSB warns of closures if energy relief ends
More than two in five small hospitality businesses have said they plan to close, downsize, or restructure if energy relief comes to an end in April
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NewsInflation for restaurants and hotels at 30-year high
The annual inflation rate for restaurants and hotels was at 10.2% in November, the highest rate since the estimate of 10.5% in December 1991
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NewsBowland Inns & Hotels makes first post-pandemic acquisition
The 10-strong Lancashire operator has acquired the Assheton Arms in Downham and is looking to expand further
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Analysis & InsightConsumers willing to pay more for branded products in supermarkets
Consumers expect to see restaurant brands in supermarkets and are willing to pay a price premium, according to Lumina Intelligence
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NewsRail strikes to go ahead as RMT rejects latest offer
Businesses have seen a 30% downturn in bookings and trade due to rail disruption over the festive season, according to the Night Time Industries Association
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InterviewsWhite Rabbit Projects: ‘We’ve got grand ambitions’
The hospitality development scheme’s founder and CEO Chris Miller speaks to MCA about taking on new concepts, expanding existing ones, and building the in-house platform