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All articles by Finn Scott-Delany – Page 30
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NewsLeon CVA approved
Leon has approved a plan to restructure the business through a company voluntary arrangement (CVA), preserving 670 jobs.
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NewsTRG warning over ‘extremely challenging’ outlook under tiers
The Restaurant Group has warned the tiering system will have a “significantly adverse impact” on the group if it remains in place.
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NewsFulham Shore: ‘Historic’ return on capital once normal trading resumes
Fulham Shore will be able to target a “much higher return on capital” when normal trading resumes, due to the ongoing damage to the property and restaurant sectors.
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NewsFurlough extension cautiously welcomed
The one-month extension of furlough has been tentatively welcomed, tempered with a warning that more support will be needed to save jobs and businesses.
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NewsDeltic acquired by Rekom, 10 sites to close
Deltic has been bought of administration by Rekom Group, the Nordic nightlife operator.
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InterviewsShaftesbury’s Julia Wilkinson: ‘We’ve always taken a long term view’
Shaftesbury had one of the most desirable restaurant estates in the country, until a succession of lockdowns wiped out trade.
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News‘This is sheer madness’: sector reacts to London lockdown
Idiotic. Catastrophic. Devastating. Just some of the words used to describe the decision to move London into tier three, resulting in another de facto lockdown for the capital’s hospitality venues. Having spent hundreds of thousands of pounds preparing for Christmas, the anger was understandable and palpable, with large parts of ...
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NewsNeat Burger opens in Soho
Neat Burger, the plant-based burger chain, has opened its third dine-in outlet, on 33 Old Compton Street, Soho.
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NewsHollywood Bowl hails ‘strength of business’
Hollywood Bowl Group has posted full year profit before tax of £1.2m, down 95.7% year on year due to the impact of coronavirus closures and restrictions.
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NewsNightcap aims to thrive in post-covid 2020s
Nightcap, a new company led by hospitality entrepreneur Sarah Willingham, has announced an intention to float on AIM and that it has agreed a deal to acquire the London Cocktail Club (LCC) group of bars.
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NewsScrimgeour joins Everyman
Boutique cinema business Everyman Media Group has appointed former Cote CEO Alex Scrimgeour to the role of CEO with effect from 18 January 2021.
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InterviewsMarston’s refocused pub business will have ‘firmer pricing outlook’
Marston’s CEO Ralph Findlay has shared with MCA details of an executive restructure at the company, which sees previously separate divisions brought under a single pubs business.
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NewsBusaba CFO departs
Busaba chief financial officer Marc Whitehead is stepping down from the Thai restaurant brand after three years. Whitehead helped Busaba through a sales process and earlier this year and a CVA. He is currently working to hand over to Michael Linden, formerly of Pizza Express, who joined the business this ...
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NewsMarston’s reports statutory loss of £397m
Marston’s made a total loss of £397.1m in 2020 following the closure of its pub estate for 15 weeks.
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NewsDeliveroo ‘now profitable at operating level’
The coronavirus pandemic has accelerated consumer adoption of food delivery services by two to three years, Deliveroo CEO Will Shu has said.
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NewsCafé de Nata opening in Camden
Café de Nata has strengthened its presence in London, as it seeks to become the go-to brand in the UK for Portuguese custard tarts.
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NewsStonegate offers 90% rent credit for tier 3 tenants
Stonegate Pub Company has announced additional support for businesses in its leased and tenanted division, Ei Publican Partnerships, in response to the government’s tier system.
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NewsHunter swaps Kerb for Tipjar
Kerb head of development Ollie Hunter has joined Tipjar as head of operations.
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NewsIncipio strengthens board
Incipio Group has appointed corporate lawyer David Roberts as a non-executive director.
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NewsWalkers to use beer fermentation to slash CO2
Walkers crisps will capture CO2 from beer fermentation in order to slash emissions from its manufacturing process by 70%.