Restaurant Collective – Bringing Together a Community
The restaurant sector has been one of the very hardest hit by the Covid-19 pandemic. Industry data[1] shows that there are around 3,000 fewer restaurants…
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Government Abandons Vaccine Passport Plans for Pubs & Restaurants
The government has abandoned plans to implement a vaccine passports when people visit pubs bars and restaurants in what is described a huge boost for…
Read more...Consumers keen to spend despite caution on economy
Consumers are set to prioritise eating and drinking out in their spending after lockdown, but remain cautious about longer term financial impacts of the pandemic….
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Treasury Committee Launches ‘Jobs, Growth, and Productivity after Coronavirus’ Inquiry
The Treasury Committee is launching a new inquiry into jobs, growth, and productivity after coronavirus. The Committee will examine how the Government can reduce and…
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Famous London Eatery Angus Steakhouse ‘Seeks Rent Concessions As Troubles Mount
One of London’s most popular eateries Angus Steakhouse, a restaurant chain is seeking help from its landlord as lockdown continues to impact the hospitality sector
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Autumn/Winter Restaurant Menus Slashed By A Quarter In 2020 Versus 2019
According to latest piece of monthly analysis from Lumina Intelligence’s Menu Tracker, on average, restaurant Autumn/Winter 2020 menus have -24.5% fewer dishes on them than in 2019.
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Government Roadmap Could See UK Restaurant Market Grow +32% To £11.7bn In 2021
According to its new UK Restaurant Market Report 2020/21, Lumina Intelligence forecasts the UK restaurant market will grow +32.1% to £11.7bn in 2021
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TGI Fridays To Expand New Cocktail-Led Concept 63rd+1st This Year
TGI Fridays owner Electra Private Equity has revealed it is targeting 14 new sites. At its AGM, the company stated: “TGI Fridays performed strongly across the massively
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Gordon Ramsay Reveals Huge Pandemic Trade Loss
Chef Gordon Ramsay has revealed the pandemic has cost his restaurant empire a staggering £55m in turnover.
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Cain International Secures Future For Prezzo
Cain International, the privately held investment firm operating in Europe and the United States, today acquired Prezzo from its administrators through a pre-pack arrangement.
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At Least 250,000 UK Small Businesses Will Close Without Further Help, New Study Warns
A record number of small business owners are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses
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Patisserie Valerie Liquidators Sue Grant Thornton For £200m Over Audit ‘Negligence’
Liquidators to Patisserie Valerie have launched a £200 million legal claim against Grant Thornton, auditor of the patisserie chain that collapsed amid allegations of suspected fraud.
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Chef And Restaurateur Albert Roux Has Died Aged 85
The Roux family has announced the sad passing of Albert Roux, OBE, KFO, who had been unwell for a while, at the age 85 on 4th January 2021.
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UKHospitality Comments on Tiers Announcement: “Act Now or Face Hospitality Bloodbath”
Commenting on yesterday’s (December 30) announcement by the Health Secretary, which will put the majority of England into either tier 3 or 4 from today,…
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Three Quarters of England Placed into Tier 4 Lockdown from Midnight Tonight
Over 75% of England will be placed into Tier 4 from midnight tonight (December 30) after a huge surge in coronavirus infections prompted the government into…
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