All articles by Finn Scott-Delany – Page 48
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NewsJust Eat Takeaway.com raises €700m
Just Eat Takeaway.com has raised €700m through an accelerated bookbuild offering of new shares and convertible bonds.
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NewsWahaca appoints PwC to explore finance options
Wahaca has appointed advisors at PwC to review its finances, Sky News reports.
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NewsEight in ten staff furloughed
Eight in 10 workers in the UK hospitality industry have now been furloughed, according to a survey from the Office for National Statistics.
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NewsState-backed loans for small businesses
Chancellor Rishi Sunak is considering offering 100% state-backed guarantees on loans to smallest businesses of up to £25,000, the Financial Times reports.
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NewsOccupants to be protected from ‘aggressive rent collection’
Restaurant, bar and café businesses will be protected from aggressive rent collection and asked to “pay what they can” during the coronavirus pandemic, the Business Secretary announced today.
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NewsColvin instructed by NTIA in insurance stand-off
Leading licensing lawyer Philip Kolvin QC has been instructed by the Night Time Industries Association in its stand-off with insurance companies who refuse to pay out in relation to the covid-19 lockdown.
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NewsHonest reveals reopening plans
Honest Burgers is planning to re-open some of its sites for delivery-only as early next month, Big Hospitality reports.
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InterviewsVita Mojo: Helping Leon, Farmer J and Bone Daddies build a post-covid world
The shutdown of restaurants has ushered in five years of digital innovation in the industry within just a few months, Vita Mojo CEO Nick Popovici has told MCA.
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NewsBurger King CEO calls for compromise over rents
Burger King UK CEO Alasdair Murdoch has called on landlords to work together with F&B tenants to find a solution the impasse over rents. In an open letter, Murdoch said the situation was no one’s fault, but that the leases signed pre-covid-19 did not consider the current reality facing occupiers ...
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NewsDowney: Prepare for long period of closure
The idea that operators will be able to reopen their businesses in the near future has been dismissed as a “confusion of optimism”, MCA’s The Conversation has heard.
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InterviewsHawksmoor: Crisis shows sector ‘woven into fabric of society’
The coronavirus crisis offers the chance to reassess the “incredible role” the hospitality industry plays in society, Hawksmoor CEO Will Beckett has told MCA’s The Conversation.
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NewsBrewdog cans fresh draft beer for delivery
Brewdog’s latest initiative is to can the surplus draft beer that would have gone to waste and delivery to consumers’ doors.
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NewsPret adds Just Eat to delivery partners
Pret A Manger has launched a new partnership with Just Eat for delivery, with an exclusive click and collect proposition for in store.
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NewsMarks: Focus on the bigger picture
Deltic CEO Peter Marks has likened to the focus on furlough details such as tronc to “rearranging the deckchairs on the Titanic” and urged operators to see the bigger picture.
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NewsFurloughed staff can take holiday
Employees can take holiday while on furlough, but employers will have to pay 100% of their wage rather than 80%, according to the latest guidance from government.
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NewsWhiting & Hammond launches food box scheme
Premium pub operator Whiting & Hammond is the latest company to use its supplier relationships to curate a food box.
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NewsCrosstown Collective links artisan suppliers
Crosstown, the artisan doughnut and coffee brand, has teamed up The Estate Dairy, Millers Bakery and London fruit & veg suppliers for an essentials food box delivery service.
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NewsWhitbread eligible under Covid Corporate Financing Facility
Whitbread has announced it has been confirmed as an eligible issuer under the UK Government’s Covid Corporate Financing Facility (CCFF).
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NewsWholesalers urge operators to settle bills
Wholesalers have called on pubs, restaurants and cafes to pay settle their invoices for stock ordered before the lockdown.
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NewsLockdown extended for three weeks
Lockdown will continue for at least another three weeks, with “light at the end of the tunnel” if certain criteria are met.