Coronavirus
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May- 2020 -12 May
Pret reopens a further 71 sites
Pret A Manger has continued the gradual reopening of its UK store estate with the announcement of a further 71 of its stores now open for takeaway and delivery. Pret had previously reopened 30 initial sites in and around London last month however the new reopenings include sites in Birmingham,…
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12 May
Chancellor expected to extend furlough scheme to September
Chancellor of the exchequer Rishi Sunak is expected to extend the Government’s coronavirus furlough scheme to September, but reduce the amount people can claim to 60% of their earnings. According to Sky News, the move aims to prevent some 1.2 million redundancies, and comes after Sunak promised there would not…
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12 May
Hospitality sector must have additional furlough support, says UKH
The hospital sector must be provided with an “extended and flexible” furlough scheme in order to survive the pandemic, UKHospitality has warned. The trade body has now written to the Chancellor asking for continued support through the Coronavirus Job Retention Scheme to “ensure that businesses survive, and jobs are saved”…
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12 May
Pubs, hospitality and brewers call on chancellor to save the future of pubs
Trade associations representing pubs, hospitality and brewers have sent a joint letter to chancellor Rishi Sunak calling for measures to save the future of pubs. In the letter, The British Beer and Pub Association, British Institute of Innkeepers and UK Hospitality, who between them represent owners and operators of 35,000…
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11 May
Hospitality industry responds to PM’s conditional plan to ease lockdown
The hospitality industry has reacted to the prime minister’s announcement last night that outlined a ‘conditional’ plan to ease lockdown with stores possibly reopening sometime in July. Last night (10 May), Boris Johnson gave a prospective outline for a series of phased reopenings if certain conditions of a new “Covid…
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11 May
‘Hopes dashed’ by PM announcement, says BBPA
The British Beer and Pub Association (BBPA) has said that its hope for clarity on reopening and extra support for pubs has been “dashed” by Boris Johnson’s announcement. Its warning comes as research from the BBPA showed that 40% of UK pubs will not survive beyond September without further financial…
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11 May
Almost half a million UK businesses at risk of insolvency due to pandemic
One in 10 British businesses say that there is a high risk they will enter insolvency as a result of the coronavirus crisis, according to the Opinium-Cebr Business Distress Tracker. The Centre for Economics and Business Research (CEBR), which conducted the survey, said this equates to more than half a…
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7 May
Shake Shack to open ‘Deliveroo Editions’ kitchen in Battersea
American burger chain Shake Shack has announced it will open a ‘Deliveroo Editions’ kitchen in Battersea on 9 May. The kitchen will be open for delivery only from 11AM to 10:45PM, seven days a week, and customers will be able to order signature dishes as well as classic shakes and…
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7 May
Hospitality sector prepares for post-lockdown trading
Hospitality operators remain “deeply pessimistic” about market prospects and the future of their own businesses, according to the latest CGA Business Confidence Survey. Its latest findings found that 32% of senior executives anticipate the need to permanently close their pub, bar or restaurant sites. According to the latest poll, only…
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6 May
Business rates revaluation postponed until 2022
A revaluation of business rates will no longer take place in 2021 in line with the government’s latest efforts to “reduce uncertainty” for firms affected by the ongoing pandemic. Communities Secretary Rt Hon Robert Jenrick MP confirmed that legislation has now been introduced to bring the next revaluation forward by…
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