All articles by Georgi Gyton – Page 62
-
NewsAnother 400-plus pubs permanently shuttered
Despite the fall in numbers this year, the rate of decline has remained relatively static in recent years despite the impact of the pandemic, according to new research from real estate adviser Altus Group.
-
NewsArc Inspirations sees Q2 revenue up 42%
The bar group experienced a 42% uplift in sales between July and November this year, versus 2019, and says it is on track to post record revenue and profit in FY2022
-
NewsWales sets limits on hospitality from Boxing Day
Wales is to bring back the rule of six in pubs and restaurants as it tightens restrictions from Boxing Day.
-
NewsThe Alchemist on ‘very sound financial footing’
While sales were down almost £30m for the year to 31 March 2021, a combination of refinancing, strong sales and additional equity has meant The Alchemist is in a solid position
-
News‘It doesn’t even cover the cost of our Christmas decorations’
The Chancellor’s additional support measures have been described as a ‘sticking plaster’ for the sector after some operators have lost hundreds of thousands of pounds’ revenue per venue in the weeks leading up to Christmas.
-
NewsSelf-isolation period cut for the double-jabbed
Provided two lateral flow tests have been produced on day six and seven, the double-jabbed can stop self-isolating. The news came as Boris Johnson ruled out further Covid restrictions before Christmas.
-
NewsGovernment announces extra financial support for hospitality
Hospitality businesses in England will be eligible for one-off grants of up to £6,000 per premises, Chancellor Rishi Sunak announced
-
NewsWelsh business rates relief welcomed
Hospitality businesses in Wales are to benefit from a 50% reduction in business rates, but additional support is critical, warns UKHospitality Cymru.
-
NewsBrewDog to ‘draw line’ under toxic workplace claims
Following the completion of a review into its working culture, the Scottish brewer and pub operator admitted it had made mistakes and needed to address them
-
NewsShepherd Neame to offer new year rent reduction
The family brewer and pub operator has announced it will be introducing a 10% rent reduction for its licensees from 1 January 2022.
-
NewsSales dropped 40% last weekend
More than half of hospitality venues saw sales fall by +40% last weekend as consumers deserted pubs and restaurants in the run up to Christmas.
-
NewsThird of late-night venues fear new year closure
On average, late night venues have lost around £46k per unit in lost sales and cancellations so far over the festive period, according to a new poll by the Night Time Industries Association.
-
NewsGaucho and M seeing strong trading
Parent company Lomo Topco said its 16 Gaucho and three M Restaurants had come through the pandemic in as strong a position as could reasonably be expected
-
NewsHall & Woodhouse seeing good property opportunities
The Dorset-based brewers and pub operator is on track to add 10 sites to its portfolio this year as part of its growth strategy.
-
![RC_LeonGildersome_Final-11Full[5]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/9/8/5/252985_rc_leongildersome_final11full5_366420.jpg)
NewsLeon plans 50 UK openings for 2022
The healthy fast food brand has more than doubled its original openings target for next year as it looks build its presence on a national scale.
-
NewsSunak warned over permanent closures
Hospitality leaders have warned Chancellor Rishi Sunak that he must commit to a package of support for businesses within the next 24 hours or risk the permanent closure of 10,000 sites.
-
NewsFuller’s closing 20 London pubs ‘indefinitely’
Chief executive of Fuller’s Simon Emeny told Sky News that sales at its London sites were down between 60%-80%.
-
NewsJDW appoints employee directors to board
JD Wetherspoon has appointed four employees to its board in an effort to boost its business by having additional ‘pub experience’ at board at a senior level.
-
Analysis & InsightGreggs achieves highest share of food to go
The retailer has overtaken McDonald’s to become the dominant player in the food to go sector, increasing its share of occasions in the 12 weeks to 28 November 2021, according to Lumina Intelligence.
-
NewsSunak to meet hospitality leaders over crisis
Chancellor Rishi Sunak is due to meet representatives from the hospitality sector later today (17 December), after mounting cancellations and business closures in the wake of Omicron.