Search Results for: Covid

Electra confirms plans to demerge Fridays

Electra Private Equity has confirmed plans to demerge its Fridays and 63rd+1st brands under a new parent company, Hostmore. The…

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Bain Capital acquires Bread Holdings

Gail’s Bakery parent company Bread Holdings, which also owns The Bread Factory, has been sold to Bain Capital Credit in…

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Labour shortages could spark further inflation, CGA warns

Labour shortages, insufficient manufactured stocks and post-Brexit challenges could lead to further inflation in the months ahead, according to the…

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Gov set to ditch vaccine passport plan

Plans to introduce vaccine passports for access into nightclubs and large events in England will not go ahead, the health…

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UK economic growth slows, ONS reveals

UK economic growth slowed down in July, growing by 0.1% compared with 1% in June 2021, according to the latest…

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Costa Coffee to increase staff pay by 5%

Costa Coffee has announced that all 14,500 of its store team members in UK company-owned stores will receive a 5%…

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Signature Pubs to hold ‘jab and job’ recruitment initiative

A Scottish hospitality group is hoping to encourage young people to get the Covid vaccine at the same time as…

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Gordon Ramsay Restaurants swings to £5.1m loss

Gordon Ramsay Restaurants has announced that the group swung to a £5.1m loss before tax in FY20, down from £15.2m…

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August consumer spending rose 15.4%, Barclaycard reveals

Consumer card spending rose 15.4% in August, compared with the same period in 2019, with growth recorded across all sectors…

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Hotel and restaurant loan write-offs soar 65%

Write-offs of loans to restaurants and hotels rose by 65% during the course of the pandemic, with £99m written off…

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