All articles by Georgi Gyton – Page 76
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NewsNightclubs reopen as ‘freedom day’ dawns
Clubbers have returned to the bars and dancefloors of nightclubs as England reached its long-awaited ‘freedom day’ today (19 July).
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NewsHawksmoor considering IPO
Hawksmoor is considering launching an Initial Public Offering (IPO) on the London Stock Exchange as it looks to capitalise on growth opportunities post-Covid, The Times has reported.
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NewsStonegate files £845m lawsuit against insurers
Stonegate Group has filed a £845m lawsuit against its insurers: MS Amlin, Liberty Mutual Insurance Europe and Zurich, in the latest sector dispute over business interruption policies.
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NewsPM reluctant to impose food taxes
The Prime Minister has made clear his reluctance to impose a £3bn salt and sugar tax on salt sold for use in processed foods or in restaurants and catering businesses.
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NewsPavement licences extended for further year
The government has announced it will be extending its streamlined pavement licensing system for a further year in England, and intends to make it permanent, as part of plans to bolster the recovery of the hospitality sector.
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NewsNathan’s to revive UK expansion plans
US hot dog giant Nathan’s Famous has announced plans to expand the business in Europe, including a refreshed growth drive in the UK.
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NewsSoho House makes lacklustre IPO debut
Soho House saw its share dip almost 10% after its debut on the New York Stock Exchange yesterday (15 July).
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NewsCovid passports would create chaos, industry has warned
The hospitality sector would be unable to cope with the introduction of Covid passports as it lacks the technology to scan the QR codes, it has been reported.
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InterviewsByron: ‘Our strategy had gone off on a tangent’
Byron has ramped up its investment in new technology and is moving to a digitally led format for its restaurants as the strategy for the business is refocused following its acquisition by investment firm Calveton last summer, chief executive Simon Wilkinson has told MCA.
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NewsTortilla: ‘We are all going to be flying a bit differently’
The hospitality industry is about to enter “a very big grey area” and until the government gives greater clarity on what it wants the industry to do with regards to issues like the wearing of face masks, “we are all going to be flying a little bit differently”, according to Tortilla MD Richard Morris.
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NewsScotland to maintain masks and curfew
Hospitality venues in Scotland will still be restricted to a midnight curfew, and other modified restrictions, despite the country moving to level zero on 19 July.
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NewsSSP group CEO to step down
Simon Smith is to step down from his role of group chief executive officer of SSP. He is expected to leave the group at the end of the year in order to take up a new opportunity at a private equity backed business.
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NewsBritish Land to shelve rent concessions
British Land has decided to halt rent concessions for its tenants following an uplift in trading across its properties and the extension of the rent moratorium until March 2022.
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NewsBrewDog to reveal culture review findings by end of 2021
BrewDog has said it hopes to share high-level findings of its internal culture review before the end of the year.
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Analysis & InsightProceed with caution
The long-awaited announcement that the government was moving England to step four on its unlocking plan was met with mixed reaction this week, with operators concerned about the impact on consumer confidence.
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NewsSpend on eating and drinking out up 37%, says Barclaycard
Consumer spending on eating and drinking out rose by 36.7% during June, compared to the same period in 2019, according to the latest card transaction data from Barclaycard.
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NewsUKHospitality: ‘Businesses could see half their workforce self-isolating at once’
Hospitality businesses could see up to half of their staff needing to self-isolate at the same time if the government’s worst-case projections about the rise in case numbers are correct, Kate Nicholls, chief executive, UKHospitality has warned.
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NewsWells & Co to bring pubs back in-house
Wells & Co is quickening the pace of expansion of its managed pubs business following the success it has seen since reopening after lockdown this year, group managing director Peter Wells told MCA.
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NewsScrapping of Test and Trace self-isolation requirement ‘fundamental to recovery’ of hospitality
Abolishing the requirement for staff to self-isolate for ten days when pinged by the NHS Test and Trace app is vital for the recovery of the hospitality sector, MCA has heard.
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NewsNeat Burger and Urban Pubs & Bars among new Bishopsgate operators
British Land has agreed lettings with Neat Burger, Urban Pubs & Bars, Black Sheep Coffee and Honi Poké at its 155 Bishopsgate development.