All articles by Georgi Gyton – Page 80
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Analysis & Insight
Confidence in pub sector is growing, says ONS
The percentage of pub and bar operators who had “high confidence” in their business surviving the next three months is growing, pushing past the 20% mark for the first time since November last year.
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News
Chilango appoints new head of people
Chilango has appointed Carrie Bowers as its new head of people and culture.
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News
Greggs appoints new non-exec
Greggs has appointed Mohamed Elsarky as an independent non-executive director, with effect from 21 June 2021.
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News
SSP expects pre-Covid revenues to return by 2024
SSP has said it had delivered “a resilient performance” over the six months to 31 March 2021, despite revenue being down 78.8% at constant currency rates, to £256.7m.
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Interviews
Rekom UK: ‘We’ve opened our nightclubs as nightpubs’
Rekom UK has reopened the majority of its nightclub venues as ‘nightpubs’ due to increasing nervousness that the 21 June roadmap date would be delayed, chief executive Peter Marks told MCA’s The Conversation.
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News
Fears grow over ‘smoke and mirrors’ reopening
Lockdown laws could be replaced with restrictive guidance later this month, in what has been described as a ‘smoke and mirrors’ reopening.
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News
Camile Thai in US dark kitchen partnership
Camile Food Group has partnered with US ghost kitchen operator Kitchen United MIX, in order to launch its Camile Thai brand in the United States.
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News
Drake & Morgan receives approval for CVA
Drake & Morgan has secured approval to enter a Company Voluntary Arrangement (CVA), with 90% of creditors voting in favour of the proposals at a meeting last week.
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Interviews
M&B’s Bob Ivell: ‘I wouldn’t have wanted to do anything else’
Bob Ivell says he is often asked by friends why he hasn’t retired by now. For the Mitchells & Butlers (M&B) non-executive chairman, the answer is simple: ‘We have +1,700 of the best pubs and restaurants in the UK – why would I want to?’
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Analysis & Insight
Visits down but spend up
Consumer spend in pubs and bars was up 28% on average over the 12 weeks to 16 May 2021, compared with the same period in 2019, despite visit frequency being down, according to new data from Kantar Worldpanel.
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News
Itsu: ‘We have the potential to add another 150 UK sites’
Itsu is to open its first franchise UK franchise site later this year, as well as its first in Europe, as the business looks to expand its footprint in this country and internationally, chief executive Ganan Kanagathurai has told MCA.
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News
Deposit Return Scheme must be workable for operators
UKHospitality has claimed the government’s proposed Deposit Return Scheme (DPS) would lead to increased business costs and bureaucracy and have said it must be made workable for hospitality operators.
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News
Wagamama launches new cook at home range
Wagamama has launched a new cook at home range, inspired by the response to its online cooking series Wok From Home.
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News
Prezzo to open first new restaurant in three years
Prezzo is to open a new restaurant within owner Cain International’s Islington Square development in North London – its first opening since 2018, with more in the pipeline.
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Analysis & Insight
Eating out frequency expected to fall for a third of consumers
Almost a third of consumers (29%) plan to eat out less frequently than they did pre-pandemic, with the intention to eat out less often the highest among 45-64 year-olds, according to a new report from Lumina Intelligence.
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News
UKH & DWP join forces on jobs
The Department for Work & Pensions has teamed up with UKHospitality to help promote jobs in the hospitality sector in order the help tackle the issue of the staffing shortages currently being experience by a number of operators.
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News
Leisure sector sees rent collection levels double
The leisure sector has seen rent payments increase significantly in the two months since March quarter day, with levels up from 18% to 37%, according to new data from Colliers.
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News
Trade bodies highlight impact of uncertainty on sector
UKHospitality, the British Beer & Pub Association (BBPA), and the British Institute of Innkeeping (BII) have written a joint letter to government to highlight the need for certainty around the move to step four of the government’s roadmap.
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News
Chilango appoints new NED
Chilango has appointed Wagamama’s chief operating officer Nigel Sherwood to the board as a non-executive director.
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News
Chapel Down launches £6.87m fundraise
English wine producer Chapel Down is to launch a fundraising of up to £6.876m, through a combination of the placing of new ordinary shares and a crowdfunding campaign.