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All articles by Finn Scott-Delany – Page 45
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NewsRevolution launches £15m fundraise
Revolution Bars Group is seeking to raise £15m in a share placing, while transfer trading from the London Stock Exchange to the smaller AIM.
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InterviewsYoung’s CEO Patrick Dardis: Pubs can’t resemble operating theatres
With picturesque riverside pubs clustered around the Thames, as well as by East Devon’s Exe Estuary, more than half of the Young’s estate has a large beer garden.
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NewsBoparan paid £3.4m for Carluccio’s
Trading at Carluccio’s had recovered before coronavirus struck, but the dramatic sales decline that accompanied lockdown left it unable to continue, an administrators report shows.
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InterviewsUber Eats UK GM Toussaint Wattinne: Double digit growth during lockdown
Operators are seeing double digit growth in delivery after volumes recovered, Uber Eats UK GM Toussaint Wattinne has told MCA’s The Conversation. Wattinne said after an initial fall-off when lockdown came into force, volumes quickly ramped back up, with strong growth for those that remained open. He told the virtual ...
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NewsComptoir has ‘strong balance sheet’ to weather crisis
Comptoir Group is in a “reasonably healthy cash position” with minimal bank debt to service during lockdown.
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InterviewsInn Collection Group MD Sean Donkin: Domestic travel will be 'very strong'
The coronavirus pandemic could have an upside for regional UK businesses as Britons opt for staycations, Inn Collection Group MD Sean Donkin has told MCA.
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NewsJKS Restaurants CEO Jyotin Sethi: 1m vs 2m difference is ‘huge’
JKS Restaurants CEO Jyotin Sethi has added his voice to calls for the government to adopt one metre distancing, as per WHO guidance, opposed to the current two metre advice.
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InterviewsPret CEO Pano Christou: We expect a permanent delivery boost
Pret a Manger expects to see a permanent boost in delivery volumes, with the lockdown accelerating its technology development by three or four years, CEO Pano Christou has told MCA’s The Conversation.
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InterviewsJKS CEO Jyotin Sethi: ‘There’s a whole new dynamic being established’
The flagship names in the JKS collection, Gymkhana, Trishna and Brigadiers, are not the type of premium restaurants one would expect to readily translate into delivery.
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NewsGreene King gives tenants 90% rent reduction
Greene King Pub Partners is giving a 90% rent reduction to all tied pubs from 11 June until they can legally reopen.
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InterviewsHugh Osmond: ‘Do we really think we can socially distance forever?’
Hugh Osmond is already a known lockdown sceptic, having written more than a month ago of his fears that the drastic measures could cause more deaths than the coronavirus itself.
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NewsThwaites hopes to return to strong trading
Daniel Thwaites, the pub, inn and hotel operator, is considering applying for a Government backed loan scheme, to ensure it has sufficient facilities to get through the recovery period.
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NewsRoadmap launched for summer reopening
A roadmap calling for a “fair and timely return for hospitality this summer”, has been launched by UK Hospitality. Governments at Westminster, Holyrood and Cardiff must invest in the relaunch of the sector for the benefit of local communities, peoples’ jobs, national wellbeing and the British economy, the trade body ...
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InterviewsOakman Inns COO Dermot King: 'We’re desperate for people to come out and enjoy themselves.’
Like many other operators, the fourth of July has become a focal point in the calendar for Oakman Inns, as it prepares to reopen its estate.
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InterviewsCharlie McVeigh: ‘The cure is becoming worse than the disease’
Draft House founder Charlie McVeigh has called on the hospitality industry to help the country turn a page and combat public FOGO – the fear of going out. McVeigh, who is chairman and an investor in The Breakfast Club and Butchies Fried Chicken, told MCA it was time to get ...
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NewsCosta opens next tranche of stores
Costa Coffee is opening an additional 31 drive-through and 15 takeaway sites today, after receiving “great feedback” from our store team members and customers.
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NewsGreene King Pub Partners signed up to BII
Greene King Pub Partners is paying for 800 tied tenants to become members of the British Institute of Innkeeping (BII).
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NewsAmazon/Deliveroo platform will ‘substantially decimate margins’
Deliveroo have been a major part of the destruction of the restaurant industry and demise of the high street, All Our Bars CEO Paul Wigham has said.
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NewsStonegate announces support for Ei Pub Partners
Stonegate Pub Company has revealed details of a multimillion-pound support package for publicans within the recently acquired Ei Publican Partnerships leased and tenanted business.
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Analysis & InsightConsumers pledge to support local restaurants when lockdown is over
Consumers are planning to spend more in cafés and restaurants when restrictions are lifted, data from Barclaycard shows.