Total UK Food & Drink Market Shrunk Last Year
New data suggests that total UK food and drink sales declined by 12% during 2020, while grocery retail’s share of the market grew to...
Caffè Nero Secures First Supermarket Listing
Caffè Nero is hoping to offset the downturn in trade at its high street shops by selling its coffee in supermarkets.
For the first time...
Marston’s Rejects Takeover Offer
Pub group Marston’s has rejected a takeover offer worth around £690m from US private equity firm Platinum Equity on the basis that it “significantly...
Marston’s Receives Takeover Offer From Private Equity Firm
Following press speculation, pub group Marston’s confirmed on Friday that it has received an “unsolicited” takeover approach from US private equity firm Platinum Equity...
Pandemic And Lockdowns Cost Hospitality £200m A Day In 2020
The latest edition of the UKHospitality and CGA Quarterly Tracker reveals a staggering 54% drop in sales in 2020 for an industry that, in...
Nearly 6,000 Licensed Premises Lost During 2020
The latest Market Recovery Monitor from CGA and AlixPartners reveals shows that the Covid-19 pandemic and wave of lockdowns contributed to a net decline...
Wetherspoon Taps Investors To Strengthen Balance Sheet And Buy Up Pubs...
Wetherspoon has become the first hospitality group in the UK to tap shareholders for fresh funds twice during the pandemic to support its balance...
Marston’s Chief Calls For Rates And VAT Cuts To Support Survival...
The Chief Executive of Marston’s has called for more support for the ailing pub sector which faces remaining closed until at least March as...
Mitchells & Butlers Explores Capital Raise As Fresh Lockdown Weighs
Mitchells & Butlers said today that it may need to raise fresh funds as it deals with a new coronavirus lockdown that has shut...
Greggs Faces First Loss For 36 Years As Lockdown Bites
Greggs expects up to a £15m loss for the year, which would be its first annual loss since it listed its shares on the...
