Stonegate Pub Company has announced further business support within its leased and tenanted business, Ei Publican Partnerships. The business, which has been adversely affected by the economic downturn resulting from Covid-19, now has access to a support package in excess of £36.5m. Additional support also includes rent reductions of 30%…
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The latest news and updates on the business of foodservice, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
Salad bar brand Tossed has been acquired out of administration by former directors Neil Sebba and Angeila Harrison. In July the company filed to appoint administrators, as the brand grappled with the challenges brought on by the Covid-19 crisis. However, Sebba and Harrison now have plans to save the new…
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Loungers has announced it plans to restart its roll-out plans after a successful post-lockdown reopening of its sites, citing the results have ‘‘strengthened” its belief in the scalability. The hospitality operator revealed like-by-like sales increased by 30% over the past 10 weeks across both its Lounges and Cosy Club brands.…
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Spending in the food service market reached 63% of the level seen prior to lockdown in the last week of August, according to figures released by The NPD Group. The global information company’s statistics revealed that the government’s Eat Out to Help Out scheme helped give the industry an economic…
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A group of hospitality professionals have launched a new platform to help “struggling” industry owners in a post-Covid-19 climate. Entitled ‘Hospitality Titans’, the programme aims to set up key events so members can network with peers, investors and innovators as well as listen to guest speakers and receive important industry…
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Bosporus, a turkish inspired restaurant is set to open in London’s Leicester Square this September. The restaurant, which was originally founded in Dubai in 2010 by GCS, also has six sites across Abu Dhabi and Egypt. The restaurant gets its name from the Strait, which runs through the centre of…
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More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job Retention Scheme coming to an end in October, according to new research from accountancy and business advisory firm, BDO. BDO’s monthly Rethinking the Economy survey of 500 medium-sized businesses across…
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Over 58,000 jobs in the Scottish hospitality sector are at risk, according to research carried out by The University of Edinburgh’s Business School. According to a new report, in collaboration with London-based fintech company Wiserfunding, 25% of hospitality businesses in Scotland could ‘‘go bust’’ post-lockdown without significant assistance. The university’s…
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Business leaders in the hospitality sector operating in London are calling on the government to help boost footfall in the capital. Over 90 hospitality business owners, experts and representatives signed a letter requesting that Prime Minister Boris Johnson and Mayor of London Sadiq Khan deliver a coordinated campaign to support…
Read More » The majority of UK consumers are still uncomfortable eating out, according to the latest EY Future Consumer Index. The latest figures come as the hospitality sector has called on the government to extend the Eat Out to Help Out scheme, which is set to end on 31 August. Despite the…
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