Greene King Pub Partners is making a multimillion-pound investment in financial support for its tied tenants to help them through the COVID-19 crisis. The investment is ongoing and now sees rent reduced by 90% for all tied pubs from 11 June until they can legally reopen. The 90% concession will continue during the first four weeks that a pub can legally reopen and then remain … [Read more...]
Search Results for: image of the
Gordon Ramsay seeks liquidity
Gordon Ramsay has been working with banks to secure the future of his restaurant business from the ongoing impact of Covid-19, according to various reports in financial media today. The reports are mixed but focus on Ramsay registering charges with Barclays against sixteen parts of his diverse restaurant empire. The loan charges include the companies that run his … [Read more...]
QSR shoots of recovery
As restaurants all over the UK continue to look for some good news, the first shoots of recovery are emerging. QSR restaurants are slowly reopening outlets to test the waters. As travel restrictions are eased and people encouraged to return to work, motorway service stations are one of the first to open doors. QSR shoots of recovery - travel network Moto’s reopening … [Read more...]
Covid-19 Foodservice combat milestones
Covid-19 has almost brought UK foodservices to a grinding halt. However, like phoenixes rising from the ashes, foodservice operators forced to grapple with an ever changing situation, have adapted, evolved, and innovated. I recently read the line “entrepreneurship is not a destination it’s a journey.” And with journeys, there are always setbacks, but these are … [Read more...]
New Covid-19 Housekeeping Standard
The UK Housekeepers’ Association (UKHA) has today announced the launch of a new ‘Housekeeping COVID-19 Secure Standard’, developed through a strategic partnership with Umbrella Training. The standard has been designed to provide an industry-wide approach to cleaning, offering a clear process for housekeepers and accommodation managers to follow - in line with Government … [Read more...]