All articles by Finn Scott-Delany – Page 37
-
News
SEV has cash for 12 months
Social Entertainment Ventures, the operator of Bounce, Hijingo and Flight Club USA, has reported it has adequate financial resources to continue operating for at least 12 months based on its forecasts.
-
News
MPs told of ‘severe and devastating impact’ of curfew
UK Hospitality CEO Kate Nicholls urged MPs to rethink the 10pm curfew yesterday, saying it was “crippling hospitality businesses”.
-
News
Curfew vote postponed amid Tory rebellion
A parliamentary vote on the 10pm curfew was postponed last night amid a growing Tory rebellion over the measure.
-
News
Survey - 69% looking at restructuring or insolvency
More than 80% of UK hospitality operators believe their commercial terms with landlords will not be sufficient to see their businesses through this next phase of trading restrictions.
-
News
Deliveroo feature promises deeper customer engagement
Deliveroo has published details about its new feature, ‘Brought to you by Deliveroo’, which allows customers to order for delivery directly from restaurants’ websites for the first time.
-
News
Cineworld to close 127 UK theatres
Cineworld has confirmed it is temporarily suspending operations at all of its 127 Cineworld and Picturehouse theatres in the UK from Thursday (8 October).
-
News
Legal challenge against 10pm curfew
A legal challenge is being prepared against the Government’s implementation of a 10pm curfew.
-
News
Plea for more targeted support
The sector is facing a “severe and deleterious cumulative effect” from a series of local lockdowns, and further restrictions on supply and demand in the hospitality industry, trade bodies have warned the government.
-
Analysis & Insight
Turnover rents a ‘sensible transition solution’
Turnover rents are a short-term solution for the uncertainty of the coronavirus crisis, but landlords and tenants will want to return a more normalised fixed rate model once the market begins to get back to normal, CGA’s Follow the Monday has heard.
-
Analysis & Insight
Neighbourhood losses mounted after Manchester closure
East Coast concepts, the Neighbourhood and Victor’s operator recently acquired in a pre-pack administration, was already going through a challenging year even before the coronavirus pandemic struck, posting a loss of £1.7m in the 12 months to 29 February 2020.
-
Analysis & Insight
Turtle Bay in positive lfls growth
Turtle Bay is having one of its best two-month trading periods on record, chair Jane O’Riordan has said.
-
News
New restrictions for Liverpool, Warrington, Hartlepool and Middlesbrough
New restrictions on social contact have been announced in the Liverpool city region, Warrington, Hartlepool and Middlesbrough, banning different households from meeting in indoor hospitality venues.
-
News
Hancock defends 10pm curfew
Health Secretary Matt Hancock has defended the 10pm curfew, arguing reducing social contact was preferable to allowing “hundreds of thousands of deaths”.
-
News
Stonegate CEO Simon Longbottom: Curfew a ‘perilous turning point’
Stonegate CEO Simon Longbottom has told MCA the 10pm curfew is a “devastating blow” to the hospitality sector and a “perilous turning point”.
-
News
Eclectic Bars secures £1.8m CBILS
Eclectic Bars, the late-night division of the Luke Johnson-backed Brighton Pier Group, has secured £1.8m, via the Government’s Coronavirus Business Interruptions Loan Scheme (CBILS).
-
News
Tasty explores potential CVA
Tasty, the operator of Wildwood, is exploring a potential company voluntary agreement (CVA).
-
News
Greggs launches consultation to reduce staff hours
Greggs is launching a consultation on staff costs, which could see job losses minimised by negotiating reduced hours in shops.
-
News
Deliveroo to hire 15k new riders
Deliveroo has announced it will employ an additional 15,000 riders by the end of the year, in contrast to the hospitality industry it supplies, which is continuing to haemorrhage jobs.
-
Interviews
Tokyo Industries CEO Aaron Mellor: Night-time sector ‘totally ignored’
Tokyo Industries CEO Aaron Mellor has dismissed Rishi Sunak’s Winter Economic Plan for leaving the night-time sector with little choice but to hibernate.
-
Interviews
Oakman Inns’ Peter Borg-Neal: Curfew policy ’chaotic and appalling’
Oakman Inns founder Peter Borg-Neal has called the 10pm curfew a “disgrace” and a “public health disaster”.