News

  • Christmas Saviour or Christmas Killer?
    As details slowly emerge about the government’s plans at the end of this second national lockdown, the hospitality sector is asking if this is the “final nail in the coffin” for many pubs, bars & restaurants. The prime minister announced yesterday (23rd November) that the current 4 week lockdown, due to end next Wednesday 2nd […]
  • Hospitality to close for 4 weeks or more
    Again the country is to go into lockdown as Covid-19 cases surge all around the country. This is a big blow to the hospitality sector again. The Furlough Scheme has been extended until the end of November which is good news. The industry is calling out for more relaxed rules about takeaways as currently, alcohol […]
  • Marstons says it will axe up to 2,150 jobs
    Pub and brewery group Marstons says it will axe up to 2,150 furloughed jobs following new restrictions to curb the spread of the coronavirus. The company said since the first lockdown was lifted, 10,000 of its employees had returned to work. But Marstons said new measures such as the 10pm curfew and restrictions in Liverpool […]
  • Winter Economy Plan will not stop jobs being lost in hospitality
    Sales have continued to decline following the 10pm curfew with like-for-likes down 21.2% compared with the week before it was introduced, According to S4labour, the online labour-scheduling management system from Catton Hospitality, like for like sales are down 21.2% on trade before curfews were put in place for the hospitality sector.  Food sales fell 19.1% […]
  • A quarter of hospitality businesses fear going bust
    New data from the pub industry released today showed that almost a quarter of hospitality businesses think they will go bust by the end of the year without new government support. Yesterday Boris Johnson unveiled sweeping new measures to curb a rise in coronavirus cases, including a 10pm curfew on all hospitality firms. The move, […]
  • Business Interruption Insurance policies to pay out over Covid-19
    The High Court has ruled in favour of a group of insured businesses. The Hiscox Action Group (HAG) felt aggrieved that their policies provided by Hiscox Insurance didn’t cover loss of business due to the Coronavirus.  The insurers argued that the policies only covered local lockdowns or specific shutdowns on their properties caused by a disease.    […]
  • Eat Out to Help Out Huge Success
    Rishi Sunak’s Eat Out to Help Out has been hailed as a huge success with 65 million meals claimed on the discount that ran from Mon-Wednesday. Restaurants reported that they were completely booked out during those days and spend was up significantly. This has been a welcome boost to the hospitality trade and there are […]
  • Hospitality to Reopen 4th July
    Finally, the go-ahead has been given to the hospitality industry to reopen with the social distancing rules reduced to 1m. There are a raft of rules and guidelines for the industry which should keep them “Covid Secure” Read the guidance here
  • Travelodge to propose CVA
    Just last month, Travelodge hit the news for looking at a CVA again. Today we are told that a CVA is to be unveiled which includes a new commitment from shareholders to inject up to £40m of new equity. The borrowing capacity has been increased to £100m, compared to the £60m initial amount.   An […]
  • Carluccio to be bought
    Just over a month since the last news hit the media about the state of Carluccio’s administration and we hear of a promising deal in the line-up for the struggling high street restaurant chain. The owner of the Giraffe restaurant chain, Boparan Restaurants, led by tycoon Ranjit Boparan, is said to be making a deal to […]