All articles by Finn Scott-Delany – Page 40
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News
Loungers emerges from crisis as a ‘better business’
Loungers has reported a “significant market out-performance” since reopening, with net like for like sales growth of +29.9% from 4 July to 13 September 2020.
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News
‘Positive outcome’ in covid insurance test case
Business interruption insurance policies with pandemic or notifiable disease clauses should be read as to cover coronavirus and claims should be met, the High Court has heard.
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News
Wetherspoon to develop £6.6m new-build pubs
Wetherspoon is to start development work on two new pubs in the coming weeks.
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News
Rent crisis will leave ‘bloodbath’ without resolution
A failure to act urgently to solve the rent crisis will trigger a “bloodbath” of hospitality businesses and thousands more jobs lost, UKHospitality has warned the Chancellor.
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News
Pubs face rates bill of £800m
A business rates bill of £800m for pubs across the UK could be the last straw for many, forcing them to close for good, the British Beer & Pub Association (BBPA) has warned.
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News
Tye appointed chair of The Big Table
The Big Table, which was recently formed to acquire and operate the Bella Italia, Café Rouge and Las Iguanas restaurant brands, has appointed Mike Tye as non-executive chairman.
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News
Wetherspoon infection rate ‘proves pubs risk is low’
Pub company Wetherspoon reports that it has had approximately 32m customer visits to its 861 pubs since reopening, with 66 positive tests for covid-19 among its 41,564 employees.
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Analysis & Insight
Rule of six leaves consumers less confident
The ban on meetings of more than six people in England from today has left a third (31%) feeling less confident about visiting pubs, bars and restaurants.
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News
Brighton Pier Group bars makes staff lay-offs
The bars division of Brighton Pier Group has had to make staff lay-offs due to the continued uncertainty over the reopening of the late-night sector and the end of the furlough scheme.
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News
Brewdog posts losses £8.1m due to pandemic
Brewdog made a net loss of £8,151,071 in the six months to 30 June 2020 as a result of the coronavirus pandemic.
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News
Brewdog launches sustainability-focused Equity for Punks Tomorrow
Brewdog has launched new share offering, which is seeking up to £7.5m, with a stretch goal of up to £50m.
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Interviews
Gail’s CEO Tom Molnar: We’ll do more sites this year than two years ago
Tom Molnar strikes an almost Gordon Brown-esque note when he describes the artisan Gail’s Bakery a “prudent bakers”.
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News
Pizza Hut Restaurants to close 29 sites
Pizza Hut Restaurants, the UK dine-in franchise business of the global Yum! brand, is proposing to close 29 sites as part of a Company Voluntary Agreement (CVA).
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News
Leon announces ‘unlimited’ coffee offer
Leon has followed Pret’s lead with an ‘unlimited’ coffee offer of £15 for 30 days, which aims to get office workers back into the city.
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News
EOHO boosts Treasury coffers by £250m
The Eat Out to Help Out Scheme benefitted the Government to the tune of £250m, data revealed by leading hospitality trade bodies show.
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News
Harts Group converts £1.5m Barrafina loans to shares
Harts Group, the operator of Barrafina and El Pastor, has converted £1.5m in loans in Barrafina Ltd into shares in Harts Group Ltd, which has “improved the balance sheet and cashflows of the group”.
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News
New law a 'reinforcement and reminder’ of existing rules for pubs and restaurants
New coronavirus restrictions, reducing social gatherings to no more than six, make current guidelines legally binding for business, UK Hospitality’s Kate Nicholls has said.
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News
Thwaites starts redundancy programme
Daniel Thwaites has initiated a programme of redundancies due to the uncertain operating climate heading into winter.
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News
TRG director leaves amid leisure restructure
The Restaurant Group divisional MD Nick Shelmerdine has left the group following the downsizing of its leisure divisions.
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News
Senior changes at Pret amid staff cuts
Pret UK shops director Tom Sugarman is leaving the business while food and coffee director Guy Meakin has been made trading director.