Russia
Analysis of how geopolitical tensions, trade restrictions, and global events tied to Eastern Europe are influencing the UK foodservice landscape. This section covers supply chain disruption, commodity pricing, operational risk, and consumer sentiment, helping restaurant groups, pub operators, caterers, and procurement professionals understand how international developments affect costs, availability, and long-term planning across UK kitchens and venues.
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Mar- 2022 -21 MarchPubs and Bars
Pub and brewing industry shows support for Ukraine
Businesses in the brewing and pub industry are responding to the ongoing Ukraine crisis with donations, fundraising appeals and offers of employment and accommodation, the BBPA has said. The organisation cited a Hall and Woodhouse fundraiser as one such example, with the fundraiser set to be held today (21 March)…
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18 MarchRestaurants
Papa John’s US Franchisee refuses to close 190 Russian sites
While Papa John’s International has confirmed it has suspended all corporate operations in Russia, a US franchise operator in Russia has refused to close its 190 stores. According to the New York Times, Christopher Wynne, the owner of PJ Western, the company that controls the sites primarily owned by Russian…
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18 MarchRestaurants
Burger King’s Russian operator refuses to shut operations
The owner of Burger King, Restaurant Brands International, has issued a statement clarifying why Burger King operations are unable to be suspended in Russia, as its operator in the country refuses to shut the group’s restaurants. The group confirmed it had contacted the main operator of the business and “demanded”…
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18 MarchAnalysis
13 Spring Statement predictions
With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only been exacerbated by Russia’s invasion of Ukraine, all eyes will be on the chancellor when he makes his Spring Statement speech on 23 March 2022. Here, Christy Wilson, tax associate…
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17 MarchNews
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate the effect of the rising costs of living and the impact that the conflict in Ukraine is having on the global economy. The Monetary Policy Committee (MPC) voted with a…
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14 MarchRestaurants
Restaurant insolvencies rise to 354 in Q4
Restaurant insolvencies jumped by a fifth to 354 in the last quarter of 2021, rising from 296 in Q3, according to UHY Hacker Young, the national accountancy group. UHY Hacker Young said “despite the end of coronavirus restrictions, the sector faces considerable challenges”. The invasion of Ukraine and resulting sanctions…
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11 MarchRestaurants
Burger King suspends corporate support to Russia
Burger King has announced it has suspended all of its corporate support for the Russian market in light of the ongoing Ukraine crisis. This includes support for operations, marketing and supply chain, in addition to refusing approvals for investment and expansion. The chain has no corporate restaurants in Russia, as…
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9 MarchRestaurants
McDonald’s closes all restaurants in Russia
McDonald’s has announced it is temporarily closing all restaurants and pausing operations in Russia, whilst continuing to pay its employees full wage in the region. It comes as the global chain faced growing pressure from around the world to halt Russian operations amid the escalating Ukraine crisis. The group currently…
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Mar- 2020 -10 MarchBusiness Bites
Banks to help us all out with coronavirus fallout
Once again the business pages on all major news outlets are pretty much dominated by the developing story of coronavirus – every sector has some kind of tale to tell. So here is the roundup from today. RBS said it will allow mortgage holidays for people who are forced to stay…
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Jan- 2020 -27 JanuaryPeople
Panoramic 34 appoints new head chef
Liverpool restaurant Panoramic 34 has announced the appointment of Elliot Hill as its new head chef. The restaurant said that Hill will bring a “unique” style of cooking to Panoramic, and that the front of house and kitchen team are “hugely excited with the new developments that are planned under…
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