Casual Dining Group in talks with creditors about restructuring
Casual Dining Group (CDG) is reportedly preparing to place one of its three core restaurant brands into administration as part of a radical financial restructuring of the business.
Archives for May 18, 2020
Corbin & King 'overwhelmed' by response to gift voucher appeal
Restaurant group Corbin & King says it has been overwhelmed by the response to its gift voucher appeal, which it launched earlier this month.
JKS says delivery is 'crucial' post COVID-19 as it re-opens estate
JKS Restaurants CEO Jyotin Sethi says that delivery should be a core part of most restaurant’s strategy post lockdown as the sector looks to soften the blow of social distancing measures and a possible lack of demand.
Winding-up petitions against restaurants increase 165%, with further surge expected
The number of winding-up petitions issued against restaurants has jumped by 165% so far in 2020, with a second surge expected in the coming months.
Proposed immigration bill “a threat to the national interest”
The Government’s proposed points-based immigration bill, which has previously been described as “disastrous” for the hospitality sector, poses "a threat to the national interest” says Labour’s Shadow Home Secretary.
Profits will take two years to return to pre-virus levels, reveals hospitality poll
Over half of restaurants and food to go operators think it will take up to two years to return to pre-coronavirus levels of profitability, according to the latest weekly Hospitality Leaders Poll by MCA Insight/HIM.
Comment
It's time for the three Cs: collaboration, co-operation, and compromise
Current rents are based on a business model that no longer exists - tenants and landlords need to communicate better with each other.
United we stand
Government urged to intervene over rent disputes to avoid commercial rental market collapse
The Government has been urged to intervene in the stalemate between landlords and restaurant pub and bar tenants over rent payment disputes.
KFC begins offering takeaway from select sites
KFC has begun reopening a select number of its UK restaurants for takeaway, having previously only reopened sites for either drive-thru or delivery.
Niall Keating named Great British Menu 2020 'Champion of Champions'
Whatley Manor’s Niall Keating has been named the ‘Champion of Champions’ at this year’s Great British Menu banquet.
Supported by Arla Pro
The Future of Restaurants – Part Two
In the second of our four-part video series, supported by Arla Pro, D&D London CEO Des Gunewardena and Dishoom co-founder Shaiml Thakrar talk about the major challenges the restaurant industry will face post lockdown.
Maggie Fu lines up second Liverpool location
Liverpool pan-Asian concept Maggie Fu is to open a 120-cover flagship restaurant on Hanover Street within the city’s Liverpool One development.