Coronavirus

Investment into hospitality sector tumbles as coronavirus hits

Business investment in hotels and restaurants has fallen by more than 6% in a year as coronavirus “ravages” the sector,…

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Castle Terrace to close due to Covid-19’s ‘devastating effect’

Edinburgh-based restaurant, Castle Terrace, has announced it will not reopen post-lockdown, attributing the Covid-19 pandemic as having a “devastating effect…

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Government confirms changes to ‘flexible’ furlough scheme

The UK government has confirmed the latest set of changes to its “flexible” furlough scheme – dubbed CJRS V2 –…

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Byron set to appoint administrators

Byron has reportedly filed a notice of intention to appoint administrators after it “teetered on the brink of financial collapse”…

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Revised ONS data reveals greater GDP drop in Q1 2020

The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards…

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TGI Fridays announces reopening of 66 sites on 6 July

TGI Fridays has announced the reopening of 66 of its UK restaurants on 6 July. The company said it will…

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The coronavirus diaries: Graham Hornigold and Heather Kaniuk 

Much of our work is centred across Europe, the UAE and beyond. Prior to Covid-19, our summer was booked with…

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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…

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The road to recovery for the hospitality sector

The global pandemic has had a huge negative effect on the global events industry and all its stakeholders, from venues,…

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Pret a Manger to pay just 30% of rent payments next quarter

Pret a Manger will pay only 30% of its rent over the next quarter after it warned it does not…

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