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All articles by Finn Scott-Delany – Page 51
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NewsDoubts emerge over loan scheme
Doubts have emerged over the government’s loan scheme, with bank applications insisting on director personal guarantees.
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NewsJDW accused of abandoning staff
JD Wetherspoon has been accused of abandoning its 43,000 staff after boss Tim Martin insisted the chain could not afford to pay them during the coronavirus crisis until the company was reimbursed for their wages by the government.
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NewsRoadchef to continue ‘as long as possible’ after Mcdonald’s and Costa closures
Roadchef has vowed to carry on serving food on the nation’s road network, despite the loss of McDonald’s and Costa Coffee.
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NewsLeon: 'We have to do the right thing’
Leon has pledged to remain open to feed NHS and other key workers as scores of other operators wind down operations.
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NewsBarclaycard extends contactless limit to £45
Barclaycard is extending its contactless limit to £45 from 1 April 2020 as the UK enters lockdown.
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NewsTfL follows Network Rail and cancels first quarter rents
Transport for London (TfL) has cancelled rent payments for small and medium-sized businesses on its estate from 25 March to 23 June.
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NewsClarity over eligibility for corporate finance scheme
Hospitality business which do not have a credit rating should not be discouraged from applying for the Covid-19 Corporate Financing Facility, the Bank of England has confirmed.
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NewsDeliveroo partners with M&S for food delivery
Deliveroo has announced a new partnership with BP and Marks & Spencer Food as UK lockdown commences.
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NewsCommercial tenants protected from eviction
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
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NewsSupport needed for ‘vital’ takeaway and delivery services during lockdown
Restaurants and cafes will continue to be able to offer food delivery and takeaway under exemptions to the UK lockdown, the government has said.
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NewsWhy are big brands abandoning takeaway and delivery?
Takeaway and delivery last week emerged as a possible silver lining to the biblical storm clouds posing an existential threat to the restaurant and bar industry.
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NewsGreggs slashes outgoings
Greggs is completely shutting its entire estate in order to protect its people and customers, it has announced.
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NewsFulham Shore confident it will thrive again on return
Franco Manca and Real Greek operator Fulham Shore is confident it will thrive once the market returns to normal.
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NewsJobs retention scheme hailed as ‘lifesaver’
The Coronavirus Jobs Retention Scheme has been hailed as an “extraordinary measure” by the government to keep millions of hospitality staff on the payroll – though it was warned it could be rendered meaningless if a forfeiture moratorium is not achieved this week.
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NewsFuller’s in a ’strong financial position’ to weather crisis
Fuller’s is in a “strong financial position”, with an excellent relationship with its banks, a healthy balance sheet and significant liquidity headroom.
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NewsPret to close all stores
Pret a Manger has just announced it will be closing all its 400 UK stores from this evening.
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NewsVapiano applies for insolvency
Vapiano has opened insolvency proceedings and will apply for government assistance programs to avoid bankruptcy, blaming the coronavirus crisis for a further drop in sales.
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NewsBurnham: ‘Government has done least for the people who need help most’
Chef-patron Angela Hartnett has joined calls for a rent-free period and a support for hospitality staff after being forced to close her four restaurants in London.
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NewsSenior CEO: ‘Our view is people should boycott rent’
Senior directors are considering boycotting rent amid a wave of mass closures to hit the restaurant and bar sector, MCA understands.
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NewsMass repossessions if government does not step in
The majority of landlords are refusing to negotiate meaningfully on rent payments despite the threat of widespread restaurant closures, Imbiba property director Kieran Sherlock has told MCA.