More than 100 pubs and restaurants warn PM of ‘bleakest of winters’ without urgent support September 29, 2020 More than 100 hospitality firms, including JD Wetherspoon, Young’s and Cafe Nero, have written to the Prime Minister warning that many businesses will not survive “this bleakest of winters”, resulting in mass job losses, unless more is done to help the sector. In a letter to Boris Johnson, businesses such as Fuller’s, Greene King and [...]
EY employee warned of Wirecard fraud four years before German firm’s collapse September 29, 2020 EY was reportedly warned four years ago by one of its own employees that senior Wirecard employees had potentially committed fraud and one had attempted to bribe an auditor. The auditor will face additional pressure following the revelation that a member of staff reported suspicious activity at the German payment firm four years before it [...]
London’s best new restaurant openings, from London Fields to Notting Hill September 29, 2020 There’s no doubt it’s a challenging time for London’s hospitality industry, with ever more draconian and sudden regulations forcing bar owners and restaurateurs to think on their feet. But that hasn’t stopped a host of new eateries opening across the capital in recent weeks – and here’s three of the best. Rondo When the brains [...]
Cote Restaurants bought out of administration by Partners Group September 28, 2020 Cote Restaurants has been bought by investment management firm Partners Group after the struggling casual dining chain fell into administration. Administrator FTI Consulting said the deal had saved 94 of the firm’s 98 French-style restaurants, with all 3,148 employees working under the Cote brand transferred to the new owners. However its Limeyard and Jackson & [...]
Matt Hancock announces £500 payment for self-isolating people September 21, 2020 Matt Hancock has announced that workers on low income salaries who are forced to self-isolate will be given £500 to help them do so. The payment will be made to anyone who cannot work because they have tested positive for coronavirus or have been asked to self-isolate through NHS Test and Trace. It will apply [...]