Coronavirus

Jun- 2020 -

29 June

Vinegar Yard to reopen on 4 July

Vinegar Yard, the outdoor dining and beer garden located in London bridge, is set to reopen on 4 July alongside its lineup of open-air bars, street food traders, indoor bars and independent retailers. The yard will serve up a varied food menu from some of the capital’s top street food…

26 June

Just 18.2% of commercial rents collected on June quarter day

Just 18.2% of commercial rents in the UK were collected by landlords on 24 June, this quarters’ rent date, according to new data from Re-leased. The cloud-based commercial property management platform said this contrasts to the 25.3% that was received on March quarter rent day, representing an overall decline of…

25 June

SIBA warns further support for small brewers still needed

The Society of Independent Brewers (SIBA) has warned that pubs reopening is just the first step on the road to recovery for the beer industry, with further support for small brewers still needed to “keep beer flowing”. Earlier this week, the PM said the existing guidance on two metres’ social…

24 June

Nine out of 10 people want hospitality to ‘grab safety mantle from gov’, survey finds

A consumer insight report to assess the impact of Covid-19 on consumer habits has found that 89% of consumers would like to see outlets going “above beyond” any government advice, to provide “maximum protection”. The Safe to Trade consumer insight report, designed to track customer sentiment around returning to food…

23 June

Pret a Manger: job cut fears grow amid sliding sales

There are reportedly growing fears of imminent job cuts at sandwich shop chain Pret a Manger after a leaked video revealed a significant drop in sales. According to BBC News, a video has been leaked showing Pret boss Pano Christou telling staff that an announcement would be made about the…

23 June

PM confirms 4 July reopening for hospitality

Boris Johnson has confirmed the 4 July as the reopening date for hospitality and has also announced a reduction in the two-metre social distancing rule. In a speech in parliament this afternoon, the PM said the existing guidance on two metres’ social distancing “prevents all but a fraction of [the…

23 June

Soho House secures $100m in equity funding

Soho House has reportedly secured an additional $100m (£80.2m) to help it see out the impact of the coronavirus pandemic which has seen the closure of its restaurants and member clubs. According to Sky News, Soho’s biggest investor, American millionaire Ron Burkle, has formed a group of new and existing…

22 June

Chancellor mulls VAT cut but could follow up with autumn tax rises

Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with a set of Autumn tax rises. According to the Financial Times, Sunak is planning deferred tax rises and cuts to public spending in his autumn Budget as a…

22 June

UKH survey reveals ‘protracted recovery’ for sector

The latest UKHospitality (UKH) survey has revealed that hospitality businesses are predicting a “lengthy and painful” recovery post-lockdown, with trade levels expected to be “significantly suppressed” for many months. The findings revealed low expectations across the sector, with responses from a range of different operators within the industry. The survey…

19 June

D&D London to reopen 17 UK restaurants on 4 July

D&D London has announced the reopening of 17 of its restaurant venues on 4 July, pending the lifting of government restrictions. These restaurants, located in London, Manchester and Leeds, form the first phase of reopening of the full D&D London portfolio. The other of its UK restaurants, as well as…