Search Results for: Covid-19
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Jan- 2021 -28 JanuaryCoronavirus
Pandemic cost hospitality £200m a day in 2020
The pandemic and ensuing lockdowns cost the hospitality sector nearly £200m a day or £8m per hour in lost sales…
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27 JanuaryPubs and Bars
CAMRA: Forced hospitality closure until may will be ‘devastating’
Campaign for Real Ale (CAMRA) has responded to the comments by Sage scientists that hospitality businesses should remain closed until…
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27 JanuaryPubs and Bars
Tim Martin sells £50.3m of JD Wetherspoon shares
Chairman of JD Wheterspoon Tim Martin, has sold shares worth £50.3m to capitalise on the “significant buying interest” following the…
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26 JanuaryPubs and Bars
City Pub Group positioned to ‘emerge strongly’
The City Pub Group has announced it is “well positioned to emerge strongly” once restrictions are lifted, having reduced cash…
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22 JanuaryTrade Associations
‘Stark reminder’ for action amid 6,000 sector closures, UKH warns
UKHospitality (UKH) has called for action after figures published today (22 January) by CGA revealed a net decline of nearly…
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21 JanuaryCoronavirus
Chancellor considers further furlough extension in March budget
Chancellor Rishi Sunak is reportedly considering another extension to the government’s Job retention Scheme (JRS) as it continues to try…
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21 JanuaryCoronavirus
Dining Street Limited calls in administrators
Dining Street Limited has fallen into administration resulting in 147 staff redundancies. The restaurant group, which operated under brands such…
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20 JanuaryBusiness
M&A in the Food and Beverage sector down to 2009 levels
The UK F&B M&A market showed “encouraging signs of recovery” in the last four months of the year, however deals…
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20 JanuaryPubs and Bars
JD Wetherspoon undergoes £90m share placing
UK pub company, JD Wetherspoon, is raising capital through its investors for the second time during the pandemic via an…
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19 JanuaryGovernment
Sunak looks to raise corporation tax in March budget
Chancellor Rishi Sunak is reportedly looking to raise corporation tax in the upcoming March budget to pay off the estimated £400bn borrowed by the…
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