All articles by Finn Scott-Delany – Page 38
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NewsCineworld 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).
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NewsLegal challenge against 10pm curfew
A legal challenge is being prepared against the Government’s implementation of a 10pm curfew.
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NewsPlea 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.
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Analysis & InsightTurnover 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.
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Analysis & InsightNeighbourhood 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.
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Analysis & InsightTurtle 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.
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NewsNew 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.
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NewsHancock 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”.
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NewsStonegate 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”.
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NewsEclectic 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).
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NewsTasty explores potential CVA
Tasty, the operator of Wildwood, is exploring a potential company voluntary agreement (CVA).
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NewsGreggs 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.
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NewsDeliveroo 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.
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InterviewsTokyo 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.
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InterviewsOakman 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”.
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NewsNew volume restrictions
The backlash over coronavirus restrictions is continuing to grow, even as a raft of new laws were published.
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NewsCôte acquired out of administration by Partners Group
Côte Restaurants has been acquired out of administration by Partners Group, the global private markets investment manager.
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NewsIndustry contribution to infection ‘negligible’
A tiny proportion of operators (2%) believe the hospitality industry has been a “major source” for rising rates of coronavirus, Lumina Intelligence’s Hospitality Leaders Poll reveals.
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NewsLeon appoints Ayerst MD
Leon has appointed Nick Ayerst, former MD of TRG Concessions, as managing director.
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NewsQuarter believe business will fail
A quarter of hospitality businesses (23%) believe they will fail by the end of the year without further Government support.