Swiss insurer Helvetia in a statement confirming shareholders of its ability to acquire Spanish insurer Caser has also released information on Covid-19 pay-outs to restaurants. The statement from Helvetia’s website reads: “The settlement solution for Swiss gastronomy companies with a pandemic exclusion in their epidemic insurance has since been implemented and well … [Read more...]
Don’t panic Mr Johnson
A few days ago reading the runes from Downing Street we mistakenly assumed that the appointment of six ministers to accelerate the easing of lockdown would speed matters up, wrong. At least wrong for hospitality. We labelled the six ministers as a ‘task force’ but we can now view the actions of the six and will let readers do their own labelling. Thinking more … [Read more...]
Government briefing relegates hospitality
Yesterday’s government briefing by Business Secretary Alok Sharma was not what any of us in hospitality wanted to hear. Reopening hospitality at “the earliest” was emphasised in all too plain language. We wrote yesterday immediately after the briefing on some of the questions and answers that made us think hospitality had been side-lined, further thought isn’t making … [Read more...]
Did this afternoon’s briefing side-line hospitality?
This afternoon in the daily Government briefing from Downing Street, Business Secretary Alok Sharma made two things clear, and hospitality won’t like either. From Sharma’s statements, and replies to members of the public and media, the reopening date of 4th July seems the earliest possible one for hospitality. It was underlined in bold repeatedly by the Business … [Read more...]
Rent support from Government needed warns UKHospitality
Unless the Government provides fiscal support to overcome the stand-off between landlords and tenants over unpaid rent, hospitality business failures and significant job losses will follow, according to UKHospitality. The trade body has written to the Chancellor of the Exchequer and the Secretaries of State at BEIS, DCMS and HCLG, warning that hospitality businesses hammered … [Read more...]