Business Bites
The Business Bites section on Catering Today delivers concise, up-to-date news and developments from across the UK hospitality and catering industry. Covering restaurant openings, leadership changes, brand launches, partnerships, and financial updates, it keeps professionals informed of the latest movements shaping the market. Designed for busy industry readers, Business Bites provides a quick yet comprehensive overview of the commercial activity driving growth and innovation across restaurants, pubs, and catering businesses nationwide.
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Jun- 2020 -24 June
Nine ways to encourage pubs, bars and restaurants to remain Covid-secure as they prepare to reopen
Since the Covid-19 pandemic brought about the temporary lockdown across the UK since 20 March, we’ve seen closure of our pubs, bars and restaurants for several months. With the UK government’s phased approach of easing lockdown restrictions slowly unfolding, the announcement came that hospitality businesses could see themselves trading again…
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May- 2020 -1 May
Are we beginning to re-open anyway?
The PM says he will soon announce the reopening plan after weeks of compulsory lockdown for the UKs public and its businesses. Boris Johnson is under pressure to come up with the blueprint for restarting the economy as the list of suffering firms grows larger and more and more redundancies…
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Apr- 2020 -30 April
Coronavirus treatment hopes push stock markets up, and ‘Spoons to reopen in June
Investors are chirpy this morning amid hopes of a new coronavirus treatment that has been described as promising by the USA’s top infectious disease official, Dr Anthony Fauci. The experimental drug, called remdesivir, is produced by an American biopharmaceutical firm called Gilead Sciences, and is reckoned by US regulators to…
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29 April
The aviation industry is now in very serious trouble
In a sign of just how distressed the aviation industry is, British Airways has announced plans to lay off 30% of its workforce, or about 12,000 employees, and says it expects it to take several years before passenger volumes return to 2019 levels. The chief executive, Alex Cruz, wrote to…
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28 April
Job support to be wound down, M&S dividend suspended, ventilator production slows, property market halts
Chancellor Rishi Sunack says he will wean the economy off his support schemes in a “gradual” wind-down, to help prevent soaring unemployment on ‘expiration day’. His announcement, made to MPs, came in response to concerns that a definite cut-off date would produce an explosion in redundancies and layoffs. Currently, the…
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27 April
Lockdown to persist says Johnson, clergy weigh in on behaviour of corona-corporations
The PM is back at his desk and says the lockdown must continue for the foreseeable future, and it would be premature to consider lifting now. After having been struck down with COVID-19 himself – and ending up in intensive care – the premier has finally convalesced and spoke from…
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24 April
Retail landlords reined in, France gets touch on tax havens, and insurers face biggest ever payouts
The government has banned landlords from using winding-up orders against their retail tenants, after aggressive rent collection tactics which threaten the future of retail businesses came to light. Tens of thousands of businesses in both retail and hospitality have found themselves unable to keep up with their rent during the…
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23 April
Scarves for face-masks will be part of the government’s post-pandemic advice
The government will advise the use of homemade facemasks once the pandemic measures are sufficiently relaxed for people to go back to work. As it tries to make sure that surgical-grade personal protective equipment (PPE) does not face supply issues for NHS workers, the government said scarves or ‘homemade cloth…
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22 April
Will there be coronavirus help for small company directors who are paid by dividend?
The financial plight of limited company directors has been raised by the Tory chairman of the Treasury select committee. Mel Stride, a former Treasury minister, said chancellor Rishi Sunak needs to view company directors as a tranche of people who have ‘slipped through the net’ of all the other largesse…
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21 April
Oil prices plunge, Virgin Australia could crash land, Nasa robots controlled from the kitchen table
Oil producers in the United States will pay you to take their barrels as global demand has plummeted amid government lockdowns. It’s hard to overstate the significance of the story, but probably the best way is to say that this has never happened before. Essentially the largest producers have ended…
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