Casual Dining

Hospitality cash reserves run low

Hospitality cash reserves run low

By James McAllister

More than half of hospitality firms now have less than three months of cash reserves left, according to data from the think tank Institute for Public Policy Research (IPPR).

Business leaders press Government for pub reopening date soon after lockdown

Pub beer sales down nearly £8b in 2020

By Joe Lutrario

Beer and pub sector leaders are pressing the Government for a reopening date as data reveals that trading restrictions and lockdowns caused sales of beer to plummet by 56% in 2020.

Sacha Lord legal challenge heads to High Court

Sacha Lord legal challenge heads to High Court

By James McAllister

A legal challenge by Greater Manchester's night time economy advisor Sacha Lord against the restrictions placed on hospitality by the Government will be tried in the High Court.

Alistair Darby steps down as Brains CEO

Alistair Darby steps down as Brains CEO

By James McAllister

SA Brain chief executive Alistair Darby has stepped down from the company after the completion of a deal that sees Marston’s take over the running of its pubs.

Caffè Concerto to launch CVA after legal action launched by landlord Criterion Capital

Caffè Concerto to launch CVA

By James McAllister

London-based patisserie chain Caffè Concerto is launching a Company Voluntary Arrangement (CVA) in an effort to reduce its rent debt after facing legal action from one of its landlords.

Losses at top 100 UK restaurants groups up 112%

Losses at top 100 UK restaurants groups up 112%

By James McAllister

New figures reveal that losses at the top-earning 100 UK restaurants group increased 112% to £571m last year, rising from reported losses of £269m at the end of last March.

Friday Five: the week's top news

Friday Five: the week's top news

By James McAllister

This week's main hospitality news stories include Government's plan to reopen the economy under national, not tiered restrictions; and landlord Criterion Capital launching legal action against hospitality tenants over unpaid rent.

Brad Stevens to launch Mamasan in Liverpool

Mamasan to launch in Liverpool

By Joe Lutrario

Brad Stevens has chosen Liverpool ONE for his second Mamasan restaurant following the success of South East Asian bar and brasserie concept’s Glasgow debut.

Branded restaurants casual dining see steep decline Lumina Intelligence’s Operator Data Index

Branded restaurants see steep decline

By James McAllister

Branded restaurants experienced a 16.6% outlet decline in 2020, according to research from Lumina Intelligence’s Operator Data Index.

Marston’s rejects takeover bid from Platinum Equity

Marston’s rejects Platinum Equity bid

By James McAllister

Brewer and pubco Marston’s has rejected a takeover bid from Platinum Equity Advisors, stating that it 'very significantly undervalues' the business.

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