Friday 5th March 2021 |
Friday Opinion |
Subjects: Black swans and grey rhinos, the tax that dare not speak its name, finding focus for reopening, the alfresco bonanza Authors: Kate Nicholls, Paul Chase, Graeme Smith, Craig Rachel, Glynn Davis |
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Friday 5th March 2021 |
Propel Friday News Briefing |
Hawksmoor secures £4m loan, in talks to refinance bank debt: Hawksmoor, the Graphite Capital-backed steakhouse concept, secured a £4m loan to aid its liquidity during the crisis, and is in talks with its banking partner regarding a refi … view |
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Thursday 4th March 2021 |
Osmond – For the hospitality industry, unpaid back rent of over a year is now an existential threat |
Osmond – For the hospitality industry, unpaid back rent of over a year is now an existential threat: Serial sector investor Hugh Osmond has said that for the hospitality industry “unpaid back rent of over a year is now an existential threa … view |
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Thursday 4th March 2021 |
Propel Thursday News Briefing |
Wendy’s plans 20 company-owned UK sites, eyes five openings this year: Wendy’s, the third-largest quick service restaurant chain in the US, plans to open five sites in the UK this year, with a target of eventually operating about 20 c … view |
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Wednesday 3rd March 2021 |
Sector leaders warn long-term support measures still needed |
Sector leaders warn long-term support measures still needed: Sector leaders have warned long-term support measures are still needed for the industry despite the Budget giving some “short-term comfort”. Chancellor Rishi Sunak announced hosp … view |
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Wednesday 3rd March 2021 |
Sector gives cautious welcome to industry support in Budget |
Sector gives cautious welcome to industry support in Budget: Sector leaders have given a cautious welcome to the support package announced for the industry in today’s (Wednesday, 3 March) Budget. Hospitality businesses will continue to recei … view |
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Wednesday 3rd March 2021 |
Welsh government unveils extra £30m of support for hospitality sector |
Welsh government unveils extra £30m of support for hospitality sector: The Welsh government has announced a further £30 million for hospitality, leisure and tourism businesses affected by on-going coronavirus restrictions. It has also c … view |
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Wednesday 3rd March 2021 |
Propel Wednesday News Briefing |
‘Heed political and public appetite’ and deliver package of support to help hardest hit, says UKHospitality: UKHospitality is urging the chancellor “to heed political and public appetite” for a package of support for sector busine … view |
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Tuesday 2nd March 2021 |
Furlough extended until September, businesses to contribute to unworked hours from July |
Furlough extended until September, businesses to contribute to unworked hours from July: The government is to extend the Coronavirus Job Retention Scheme (CJRS) – known as furlough – until the end of September, but business will be asked t … view |
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Tuesday 2nd March 2021 |
Opinion Special by Alex Reilley – hospitality is in Rishi’s last chance saloon |
Hospitality is in Rishi’s last chance saloon by Alex ReilleyTomorrow’s (Wednesday, 3 March) Budget is arguably the most important day in the history of the hospitality sector. What the chancellor announces when he stands at the disp … view |
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Tuesday 2nd March 2021 |
Greene King boss – businesses, jobs and livelihoods hang in the balance |
Greene King boss – businesses, jobs and livelihoods hang in the balance: Greene King chief executive Nick Mackenzie has asked for more government support for the sector to save businesses, jobs and livelihoods that hang in the balance. … view |
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Tuesday 2nd March 2021 |
Propel Tuesday News Briefing |
Eight in ten people will take ‘one or two’ UK-based staycations this year: Almost eight people out of ten (79%) will take “one or two” UK-based staycations this year, according to vacation rental site TravelNest’s Travel and Tou … view |
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Monday 1st March 2021 |
Burger King UK outlines pledge to ‘build back better’ post-pandemic |
Burger King UK outlines pledge to ‘build back better’ post-pandemic: Burger King UK has set out its roadmap on sustainability, food quality and ethics in a new charter launched entitled “Burger King for Good”. The charter will highligh … view |
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Monday 1st March 2021 |
Exclusive: Opinion Special by Tim Martin – evidence for closure is paper thin |
Exclusive: Opinion Special by Tim Martin – evidence for closure is paper thinIn a world dominated by political spin doctors and social media, you sometimes wonder whether the truth exists. Years ago, a famous historian was asked this … view |
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Monday 1st March 2021 |
The Restaurant Group signs £500m of new debt facilities, reports strong trading for delivery and takeaway at 200 sites |
The Restaurant Group signs £500m of new debt facilities, reports strong trading for delivery and takeaway at 200 sites: The Restaurant Group has successfully signed commitments in relation to £500 million of new debt facilities, which c … view |
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Monday 1st March 2021 |
Propel Monday News Briefing |
Body Text Here … view |
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Monday 1st March 2021 |
Propel Monday News Briefing |
Britain’s licensed premises closing permanently at record rate of more than one an hour: Almost 12,000 licensed premises have closed permanently in Britain since December 2019 – at a record rate of more than one an hour, according to … view |
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Monday 1st March 2021 |
Britain’s licensed premises closing permanently at record rate of more than one an hour |
Britain’s licensed premises closing permanently at record rate of more than one an hour: Almost 12,000 licensed premises have closed permanently in Britain since December 2019 – at a record rate of more than one an hour, according to … view |
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Sunday 28th February 2021 |
Opinion Special: |
Body Text Here … view |
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Saturday 27th February 2021 |
UKHospitality welcomes new grants package but more must be provided from the Budget |
UKHospitality welcomes new grants package but more must be provided from the Budget: UKHospitality has welcomed a new grants package for sector businesses but said more help must be provided through the Budget announcement on Wednesday (3 … view |
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Friday 26th February 2021 |
Friday Opinion |
Subjects: Steering clear of overly cautious mindsets, kind regards, supporting teams in managing change and building resilience Authors: Glynn Davis, Ann Elliott, Jill Whittaker Steering clear of ove … view |
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Friday 26th February 2021 |
Propel Friday News Briefing |
Sector leaders write to chancellor pleading for emergency support to stop more businesses failing before they have chance to reopen: More than 200 industry leaders along with sector trade bodies have written to the government warning it t … view |
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Friday 26th February 2021 |
Sector leaders write to chancellor pleading for emergency support |
Sector leaders write to chancellor pleading for emergency support to stop more businesses failing before they have chance to reopen: More than 200 industry leaders along with sector trade bodies have written to the government warning it t … view |
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Thursday 25th February 2021 |
Boris Johnson confirms lower alcohol duty in pubs and restaurants is being considered |
Boris Johnson confirms lower alcohol duty in pubs and restaurants is being considered: Boris Johnson has revealed chancellor Rishi Sunak is considering rolling out lower rates of alcohol duty for pubs and restaurants than for supermarkets … view |
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Thursday 25th February 2021 |
Propel Thursday News Briefing |
Selby – chancellor needs to go beyond extensions including a scheme to kick-start the industry again: Chancellor Rishi Sunak has to go further than simply extending support schemes, including considering a similar Eat Out To Help Out in … view |
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Wednesday 24th February 2021 |
Reilley – We need to see measures that go beyond just simply extending what has already been provided in terms of support |
Reilley – We need to see measures that go beyond just simply extending what has already been provided in terms of support: Loungers chairman Alex Reilley has said that if the chancellor Rishi Sunak does nothing more than extend the supp … view |
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Wednesday 24th February 2021 |
Propel Wednesday News Briefing |
Sector blasts Scottish government over ‘lack of clarity’ on reopening: Sector bosses have blasted the Scottish government for a “lack of clarity” over its reopening plans for hospitality. Pubs and restaurants are set to reopen in … view |
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Tuesday 23rd February 2021 |
Opinion Special: When the levee breaks |
When the levee breaks by Mark WingettSo, act one of the two-act play that will determine the shape and size of the UK’s hospitality sector for years to come is over. The prime minister dutifully read out his lines, all of which we had … view |
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Tuesday 23rd February 2021 |
Operators criticise delay until May for indoor dining |
Operators criticise delay until May for indoor dining: More operators have expressed frustration that the government has delayed the re-opening of indoor dining until May. Shepherd Neame chief executive Jonathan Neame said: “We a … view |
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Tuesday 23rd February 2021 |
Propel Tuesday News Briefing |
Government has ‘nine days to save thousands of businesses and hundreds of thousands of jobs’, warns UKHospitality: The government has “nine days to save thousands of businesses and hundreds of thousands of jobs that simply will not … view |
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Monday 22nd February 2021 |
More operators condemn government over sector reopening plans |
More operators condemn government over sector reopening plans: More industry operators have condemned the government over its plans for reopening the sector. Prime minister Boris Johnson said pubs and restaurants in England could be allowed to … view |
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Monday 22nd February 2021 |
Operators lambast government after being told they won’t open indoors until mid-May at earliest |
Operators lambast government after being told they won’t open indoors until mid-May at earliest: Operators have lambasted the government after being told they won’t open indoors until at least mid-May – without any announcement of furthe … view |
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Monday 22nd February 2021 |
Sector fears mid-May reopening for indoor hospitality |
Sector fears mid-May reopening for indoor hospitality: Leaks in the national press over what Boris Johnson’s reopening roadmap will include, have increased fears that indoor hospitality will not be allowed to open until mid-May. Johnson … view |
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Monday 22nd February 2021 |
Propel Monday News Briefing |
Luke Johnson – I would rather PM gave himself wiggle room on reopening: Serial sector investor Luke Johnson has said he would rather see prime minister Boris Johnson give himself “a lot of wiggle room” when it came to his roadmap fo … view |
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Saturday 20th February 2021 |
Update: Sector bosses speak out ahead of PM announcing reopening roadmap |
Vincent – Leon losing circa £200,000 a week, extending lockdowns will ‘cost lives’: Natural fast food brand Leon has been losing about £200,000 a week and it was "quite possible" the company could fold if lockdown “drags on”, … view |
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Saturday 20th February 2021 |
Sector bosses urge PM to consider essential community role of pubs ahead of announcing reopening roadmap |
Sector bosses urge PM to consider essential community role of pubs ahead of announcing reopening roadmap: Prime minister Boris Johnson has been urged by sector bosses to consider the essential community role of pubs ahead of announcing his reo … view |
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Friday 19th February 2021 |
Friday Opinion |
Subjects: It’s story time, the tech-led drive for delivery, no experience necessary, restaurants and leisure – building anew Authors: Paul Chase, Glynn Davis, Abi Dunn, Rupert Bentley Smith It … view |
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Friday 19th February 2021 |
Sunak to extend rates relief and furlough |
Sunak to extend rates relief and furlough: The chancellor Rishi Sunak is set to extend two crucial lifelines to companies battered by ongoing covid restrictions by keeping the furlough scheme going until the summer and prolonging the busi … view |
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Friday 19th February 2021 |
Propel Friday News Briefing |
London mayor announces £5m plan to support safe reopening of central London and attract visitors back to hospitality venues: Proposals to invest £5m to support the eventual reopening of central London, including a new drive to attract v … view |
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Thursday 18th February 2021 |
UKHospitality calls on government to provide re-opening roadmap |
UKHospitality calls on government to provide re-opening roadmap: UKHospitality is urging the government to provide businesses with certainty and clarity in its reopening announcement next week as it presents its own roadmap for the h … view |
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Thursday 18th February 2021 |
Propel Thursday News Briefing |
UKHospitality calls on sector to join video campaign to send message to government ahead of Budget: UKHospitality is calling on the sector to lend its support to a campaign to secure further vital support for businesses. Leaders from acro … view |
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Thursday 18th February 2021 |
MPs tell government to act now or see ‘extinction’ of UK nightlife, Camile Thai expansion |
MPs tell government to act now or see ‘extinction’ of UK nightlife: A cross-party group of more than 40 MPs has warned the night-time economy is at risk of “extinction” unless the government takes further action. The All Party Par … view |
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Wednesday 17th February 2021 |
Exclusive: Emeny – pub sector chief executives keen to have meaningful engagement with government |
Exclusive – pub sector chief executives keen to have meaningful engagement with government, says Emeny: Simon Emeny, chief executive of Fuller’s, has told Propel chief executives from the UK’s leading pub companies are keen to re-engage … view |
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Wednesday 17th February 2021 |
Pubs and restaurants will be allowed to open in May under government roadmap |
Pubs and restaurants will be allowed to open in May under government roadmap – The Daily Mail: Leisure businesses may not return to ‘broadly normal’ until July under a roadmap out of lockdown, The Daily Mail has reported. The newspa … view |
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Wednesday 17th February 2021 |
Propel Wednesday News Briefing |
New report confirms hospitality not significant area of covid transmission: A new report on the safe reopening of hospitality, commissioned by UKHospitality from analysts CGA, showed businesses in the sector were not significant areas of … view |
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Tuesday 16th February 2021 |
Boris Johnson – rapid tests could re-open nightclubs |
Boris Johnson – rapid tests could re-open nightclubs: Quick coronavirus testing could enable nightclubs and theatres to reopen, Boris Johnson has suggested. The PM said ‘rapid’ lateral flow tests could be used by “those parts of t … view |
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Tuesday 16th February 2021 |
Propel Tuesday News Briefing |
Cut VAT to boost tourism as sector sinks, says UKHospitality: UKHospitality has urged the government to extended and expand the VAT cut for sector businesses in order to stimulate demand and help support the tourism and hospitality sector … view |
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Monday 15th February 2021 |
JDW’s Tim Martin – pubs must be allowed to re-open at the same time as non-essential shops |
JDW’s Tim Martin – pubs must be allowed to re-open at the same time as non-essential shops: Wetherspoon chairman Tim Martin is calling on the government to open pubs at the same time as non-essential shops reopen. He says that the pub indu … view |
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Monday 15th February 2021 |
Propel Monday News Briefing |
Sector bosses call on chancellor to back hospitality industry in 2021: More than 160 sector bosses from the UK’s leading hospitality businesses have written to the chancellor ahead of next month’s Budget. The letter – which has been … view |
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Monday 15th February 2021 |
Sector bosses call on chancellor to back hospitality industry in 2021 |
Sector bosses call on chancellor to back hospitality industry in 2021: More than 160 sector bosses from the UK’s leading hospitality businesses have written to the chancellor ahead of next month’s Budget. The letter – which has been sign … view |
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Sunday 14th February 2021 |
Update: Deliveroo and restaurant partners write to PM, Boris’ hospitality hint, Alex Reilley |
Deliveroo and 330 partners urge PM to take five steps to support restaurants’ survival: Deliveroo, alongside 330 restaurant partners, has written to prime minister Boris Johnson to call for further support in enabling restaurants across … view |
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Saturday 13th February 2021 |
Pub sector chief executives set to step back from government talks over ‘lack of respect’ |
Pub sector chief executives set to step back from government talks over ‘lack of respect’: Chief executives from the UK’s leading pub companies have written to the government saying they are stepping back from talks with business mi … view |
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Friday 12th February 2021 |
Friday Opinion |
Subjects: Alliance to bring insurance duo to task, tense times as we await roadmap to reopening, the need to market our sector, the drive for delivery and adapting to the challenge Authors: Jeremy Roberts, Kate Nicholls, Ann … view |
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Friday 12th February 2021 |
Propel Friday News Briefing |
Living Ventures co-founder launches alliance to bring insurance companies to task: Jeremy Roberts, co-founder and chairman of Living Ventures, has launched a new alliance as he looks to bring selected insurance companies to task over refu … view |
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Thursday 11th February 2021 |
Platinum ends interest in buying Marston’s |
Platinum ends interest in buying Marston’s: Private equity firm Platinum has decided to end its attempt to buy Marston’s It stated: “Platinum today announces that, after careful consideration, it does not intend to submit a revised … view |
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Thursday 11th February 2021 |
Propel Thursday News Briefing |
Summer staycation market set for 22% increase versus 2019, could reach ten-year high: The value of the UK summer domestic holiday market is set to increase by an estimated 22% compared with 2019, according to research by Mintel. It has al … view |
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Wednesday 10th February 2021 |
Legal Briefing |
The pandemic’s complicated relationship with legislation by Michelle HazelwoodLegislation is a curious thing. It governs everything we do but remains mostly invisible. The public generally believes it is just the acts of parliament th … view |
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Wednesday 10th February 2021 |
Cain International secures future for Prezzo, 22 restaurants to close |
Cain International secures future for Prezzo, 22 restaurants to close: Cain International, the privately held investment firm operating in Europe and the US, has acquired Prezzo from its administrators through a pre-pack arrangement. The … view |
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Wednesday 10th February 2021 |
Propel Wednesday News Briefing |
Pub bosses publish recovery roadmap and press government on reopening date as beer sales plummet 56% in 2020: Pub sector bosses and the British Beer & Pub Association (BBPA) have urged the government to give a clear timeline and date for … view |
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Wednesday 10th February 2021 |
Pub bosses publish recovery roadmap and press for reopening date as beer sales plummet 56% in 2020 |
Pub bosses publish recovery roadmap and press government on reopening date as beer sales plummet 56% in 2020: Pub sector bosses and the British Beer & Pub Association (BBPA) have urged the government to give a clear timeline and date for when … view |
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Tuesday 9th February 2021 |
Rooney Anand appoints former NWTC boss Chris Hill as CEO at RedCat Pub Company |
Rooney Anand appoints former NWTC boss Chris Hill as CEO at RedCat Pub Company: Former Greene King leader Rooney Anand has appointed Chris Hill, who was chief executive at New World Trading Company (NWTC), to the same position at his new inves … view |
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Tuesday 9th February 2021 |
Luke Johnson lines up acquisition of Chapel Down beer business |
Luke Johnson lines up acquisition of Chapel Down beer business: Chapel Down, England’s leading winemaker, is to dispose of its Curious Drinks business and assets, comprising the Curious beer and cider brands and the Curious Brewery and … view |
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Tuesday 9th February 2021 |
Propel Tuesday News Briefing |
Exclusive – Imbiba invests in retro-arcade bar concept, BrewDog’s McDowall to chair: Hospitality investor Imbiba has invested £1.4m in NQ64, the immersive retro-arcade bar concept, to aid its further growth plans, Propel has learned. … view |
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Monday 8th February 2021 |
Opinion Special: Stop me if you think that you’ve heard this one before |
Stop me if you think that you’ve heard this one before by Mark WingettJust when I thought I was out, they pull me back in! It was only at the end of last month, that I wrote “it is going to be a long five weeks ahead, but maybe for … view |
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Monday 8th February 2021 |
Prezzo’s new owner explores restructure, Big Table Group agrees six-year Center Parcs deal |
Prezzo’s new owner appoints advisors for possible restructuring: Cain International, the privately held investment firm led by Jonathan Goldstein, which acquired the Karen Jones-chaired Prezzo in December last year, is exploring whether … view |
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Monday 8th February 2021 |
Franco Manca operator – we are seeing opportunities to buy sites at much reduced rents |
Franco Manca operator – we are seeing opportunities to buy sites at much reduced rents: Franco Manca operator Fulham Shore, which operates 53 Franco Manca sites and 19 The Real Greek venues, has highlighted the property opportunities be … view |
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Monday 8th February 2021 |
Propel Monday News Briefing |
Holmes – crisis has provided an opportunity to expand Coco di Mama brand presence across the UK: Steve Holmes, chief executive of Azzurri Group, the TowerBrook Capital-backed business, has told Propel the crisis has given the business t … view |
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