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All articles by Finn Scott-Delany – Page 31
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NewsTattu, Boxpark, BrewDog make Fast Track 100
Chinese restaurant chain Tattu was the high highest-ranking hospitality business in the Sunday Times Fast Track 100.
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NewsCrown Estate counts of costs of CVAs
The Crown Estate is counting the costs of a series of company insolvencies and CVAs that have affected its estate.
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NewsNando’s raises £100m in new equity
Nando’s has raised £100m in new equity from its parent company to strengthens its balance sheet during the pandemic.
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Analysis & InsightMixed approach to interpretation of tiers
Most operators (47%) are interpreting the new tier restrictions very strictly and to the letter of the law, though a sizeable minority (28%) are taking a more relaxed approach and leaving it up to customer discretion, the Lumina Intelligence Hospitality Leaders Poll reveals.
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NewsTim Martin rails against ‘reckless and draconian’ anti-pub measures
Wetherspoon will keep eight of its pubs open in Wales, effectively trading them as cafes.
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NewsBrewDog crowdfund breaks £10m
BrewDog’s Equity for Punks Tomorrow fundraise has broken the £10m mark, with 54 days remaining to reach its target of £15m.
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NewsBarburrito secures new investment, closes three sites
Barburrito has undergone restructure, with the closure of three sites, and a new injection of investment led by chairman Graham Turner.
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NewsThomas swaps Searcys for RA Group
Former Searcys managing director Matt Thomas is joining Compass Group as managing director of RA Group.
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NewsRadix joins Puttshack JV partner
Former Draft House and Jamie Oliver finance chief Bharti Radix has joined Puttshack joint venture partner World Golf Systems as finance director.
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NewsEverards at the ‘precipice of losing many pubs for good’
Regional pub operator and brewer Everards has been “effectively closed down” by the government’s tier system.
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NewsDodo scopes new sites ahead of Leamington launch
Dodo Pizza, the Russia-founded delivery operator, is targeting a number of new openings for 2021, as it prepares to launch a new site under a revamped concept later this month.
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InterviewsLoungers CEO Nick Collins: ‘We have a real role in improving high streets’
When discussing the enduring success of the Loungers business, “well-hedged” is not a phrase CEO Nick Collins says he would necessarily use, but he recognises it’s a good one.
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NewsCaffe Nero approves CVA amid takeover approach
Caffè Nero has approved its Company Voluntary Arrangement (CVA), including a modification that the company will ensure compromised creditors, including landlords, will have their arrears paid in full in the event that a sale of the group to the third party occurs within the next six months.
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NewsLoungers holds profit despite lockdowns
Loungers saw its turnover fall 33% to £53.5m in the 24 weeks to 4 October, but still managed to turn a profit despite a raft of restrictions.
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NewsPub grant ‘not enough’
A one-off grant of £1,000 for wet-led pubs forced to close because of coronavirus has been criticised for not doing enough to support pubs through winter.
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NewsPret coffee sub ‘saved many jobs’
Pret A Manger’s coffee subscription has surpassed expectations four-fold so far, and allowed the brand to tap into a new younger consumer base. Pret UK food and coffee director Briony Raven told MCA the good value of the offer, which entitles subscribers to up to five drinks a day for ...
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NewsScotch egg counts as ‘substantial meal’
Pub operators entering tier 2 face further confusion about the definition of a “substantial meal” after cabinet minister George Eustice suggested a Scotch egg could count.
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NewsBrewDog CEO’s ‘expensive lesson’ of hiring all-star management team
BrewDog CEO James Watt has admitted it was a mistake to hire an “all-star cast” senior management team with “hearty paychecks”, after all departed within 12 months.
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NewsNo drinking after meal
Customers visiting pubs in tier 2 regions will have to leave when they finish eating, a government source has confirmed.
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NewsMPs urged to intervene in ‘reckless’ decision-making
Wetherspoon’s chairman Tim Martin has written to MPs, accusing the government of poor decision-making in its coronavirus policies.