Barclays
Coverage explores how one of the UK’s major banking groups engages with the hospitality and foodservice sector, including industry-specific research reports, SME lending initiatives, and economic commentary impacting restaurants, pubs, and catering operators. Reporting includes insights from Barclays Corporate Banking and Business Banking divisions, with focus on investment trends, consumer confidence, inflation pressures, and business resilience. Insight is tailored for finance leads, operators, and investors tracking funding access and sector sentiment.
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Sep- 2021 -10 SeptemberPubs and Bars
Hospitality tops sectors most concerned about reducing carbon footprint
The hospitality and leisure industries are the most serious about tackling their carbon footprint, with 70% of respondents rating it as ‘extremely important’, according to new Environmental, Social and Governance (ESG) research released by Barclays. This is ahead of the survey average of 61%. Transport and distribution came in second…
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Apr- 2021 -8 AprilRestaurants
Tasty swings to £12.7m FY20 loss
Tasty, the casual dining owner and operator, has swung to a loss after tax of £12.7m for the year ended 27 December 2020, following profits of £300,000 the previous year. The group’s revenue for the year was “significantly impacted by Covid-19 related restrictions”, declining 45.7% year-on-year to £24.2m. Currently, its…
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Sep- 2020 -5 SeptemberCoronavirus
UK diners eat 100 million meals through EOHO
Over 100 million meals have been claimed for under the government’s Eat Out to Help Out scheme in August, the Treasury has revealed. Chancellor Rishi Sunak said the scheme has helped protect the livelihoods of 1.8 million people working in the hospitality sector, as well as drive the nation’s economic…
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2 SeptemberCoronavirus
EOTHO scheme boosts restaurant spending by 34%
The UK Government’s ‘Eat Out to Help Out’ (EOTHO) scheme saw diners spend 34.2% more at restaurants and fast food outlets on Mondays, Tuesdays and Wednesdays in August than they did in July. This is according to new data from Barclaycard, which showcased the “success” of the Government scheme. In…
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Aug- 2020 -28 AugustCoronavirus
Hospitality leaders not confident about summer growth, report finds
Only 6% of businesses in the hospitality sector are confident of growth across the summer, according to the latest research from Barclays Corporate Banking. The study of over 300 senior hospitality and leisure executives found that on average, businesses predict their earnings will fall by 41% year-on-year against 2019 sales. …
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May- 2020 -14 MayCoronavirus
Brighton Pier Group details cash-saving measures
The Brighton Pier Group has secured £5m in loans in order to shore up cash during the pandemic. Both term loans are for a period of two years and nine months, and are in addition to the group’s existing term debt and revolving credit facility. A loan repayment holiday on…
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5 MayPeople
Adnams appoints Jenny Hanlon as chief financial officer
Pub group Adnams has appointed Jenny Hanlon as its new chief financial officer, effective 15 June 2020. She will succeed current CFO Stephen Pugh after he retires from this business. According to the group, Hanlon has “extensive experience” across multiple sectors, having spent time with Barclays, Greene King, Willis plc,…
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4 MayCoronavirus
Government launches new Bounce Back loans
Thousands of small firms and sole traders will be eligible for 100% government-backed Bounce Back Loans to help them make it through the coronavirus outbreak. From today (4 May), small business owners can apply to accredited lenders by filling out a simple online form, with only seven questions. The government…
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Apr- 2020 -3 AprilCoronavirus
Chancellor unveils new measures to SME loan scheme
Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the Coronavirus Business Interruption Loan Scheme (CBILS) was aimed at businesses unable to secure regular commercial financing as the virus took its toll on the UK’s economy. However, according to Sky…
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2 AprilGovernment
Chancellor set to announce overhaul to SME loan scheme
Chancellor Rishi Sunak is reportedly set to announce an overhaul to the SME loan scheme that will allow companies to access help quicker. According to Sky News, Sunak and members of the Treasury were reportedly in talks with major lenders, including Barclays, HSBC, Lloyds Banking Group and Royal Bank of…
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