Covid-19
Our COVID-19 coverage captures the full impact of the pandemic on the UKโs foodservice and hospitality sector, from lockdown trading restrictions and government support schemes to recovery planning, operational adaptations, and long-term business implications. This includes essential reporting for restaurant operators, pub landlords, caterers, chefs, and F&B directors navigating one of the most disruptive periods in industry history.
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May- 2021 -26 MayPubs and Bars
Revolution Bar Group raises ยฃ21m in bid to reduce debt
Revolution Bars Group has revealed that it has raised ยฃ21m through the issuing of new ordinary shares on the London stock exchange in a bid to reduce its debt. Prior to the onset of the Covid-19 pandemic, the group was demonstrating profitable signs. However, due the pandemic and lockdown measures,…
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25 MayCoronavirus
Hospitality sector ‘facing jobs crisisโ despite rise in vacancies
The hospitality sector is currently โfacing a jobs crisisโ that threatens to hold back its recovery, according to Paul Newman, head of leisure and hospitality at RSM.ย In a statement, which comes one week after venues resumed indoor trading, Newman called on the government to consider the โrelaxation of visa…
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25 MayFood and Drink
April delivery and takeaway sales increase fourfold on pre-Covid levels
Delivery and takeaway sales for April 2021 saw a โfourfoldโ increase from pre-Covid-19 levels, according to the latest CGA Hospitality at Home Tracker. The results showed that combined delivery and takeaway sales were 345% higher than in April 2019, when the sector was fully open for eating out. Sales grew…
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25 MayBusiness
79% of hospitality sector leaders optimistic about future
Some 79% of managed restaurant, pub and bar sector business leaders feel optimistic about the next year, according to CGAโs latest business confidence survey. This represents the highest confidence level since February 2015, and has risen very sharply from the quarterly surveyโs results in October (18%) and February (50%). Furthermore,…
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24 MayRestaurants
Cameron House Hotel launches new fine dining restaurant
Cameron House Hotel has announced the launch of its new fine dining restaurant, which is set to be led by famous Scottish chefs Paul Taburrini and Martin Wishart. Named Tamburrini and Wishart, the new establishment will be based at the Loch Lomond hotel and will provide a Scottish-inspired five-course tasting…
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21 MayPubs and Bars
Greedy Gordons to open two Northamptonshire pubs
Greedy Gordons, a Northamptonshire pub and retail company, has announced plans to open two pubs in the county. Richard Gordon and Sonya Harvey, co-owners of the group, have run The Red Lion at Cranford for the past four years, and aim to create 60 new jobs with this new venture.ย ย …
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21 MayTrade Associations
UKH welcomes Scottish gov’s cabinet appointments
UKHospitality (UKH) has welcomed Nicola Sturgeonโs recent appointments to her cabinet in the Scottish government. Kate Forbes MSP has been appointed as the cabinetโs secretary for finance and the economy, while Ivan McKee MSP is set to take on the role of minister for business, trade, tourism and enterprise. The…
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20 MayPubs and Bars
Maven Leisure secures ยฃ4.3m funding for acquisition spree
Maven Leisure is set to raise ยฃ4.3m through private equity investment firm Growthdeck in a bid to open a host of new London bars upon the lifting of lockdown. The new venture, which is led by the founders of ETM Group, is looking to use the funds to launch seven…
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20 MayTrade Associations
Scottish hospitality bodies request ‘urgent call’ with Nicola Sturgeon
Scottish tourism and hospitality bodies are teaming up to request an โurgent callโ with the countryโs first minister. The Scottish Tourism Alliance and UKHospitality have written to Nicola Sturgeon to discuss with her the impact of Glasgow remaining in Level 3 Covid-19 restrictions. Prior to last week, hospitality establishments in…
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19 MayPubs and Bars
Marstonโs posts ยฃ105m H1 pre-tax loss
Pub operator Marston’s saw its H1 FY21 losses before tax widen to ยฃ105.5m, up from pre-tax losses of ยฃ31.1m the previous year. Moreover, the group’s revenues for the six months ended 3 April 2021 plummeted 84% to ยฃ55.1m, a sharp decline from H1 FY20’s ยฃ343.3m revenues. Marston’s was, however, able…
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