Just Eat Takeaway forecasts order growth after bumper year March 10, 2021 Just Eat Takeaway today said it expected further growth in orders in 2021 after the pandemic helped drive a sharp rise in revenue for the year. The food delivery group hailed an “exceptional” 2020 after posting revenue of €2.4bn (£2bn), up 54 per cent from €1.6bn in the previous 12 months. The company said it [...]
West End classic Angus Steakhouse ‘on brink of administration’ March 9, 2021 West End staple Angus Steakhouse is reportedly on the edge of collapse unless it can secure rent concessions from its landlords. The restaurant chain, which was founded in the 1960s, has hired KPMG in a bid to strike a last-minute deal with landlords, the Telegraph reported. The Big Four auditor has written to letters to [...]
The dishes that got top chefs through lockdown March 9, 2021 When future generations look back at lockdown, they will be able to differentiate its different stages by what we were cooking. Sourdough bread gave way to banana bread before TikTok coffee suddenly took off. But what about the professionals? We asked four of the top cooks in the land about the dishes that have sustained [...]
London’s Nightingale Hospital to close next month as coronavirus cases plummet across capital March 9, 2021 The Nightingale Hospital at London’s Excel centre will close next month as hospital admissions and coronavirus cases continue to fall dramatically across the capital. All seven Nightingale Hospitals across England will shutter from April, one year after they were built last spring in a bid to ease pressure on the NHS. The temporary facilities, including [...]
For the continued growth of esports, local and accessible venues are key March 9, 2021 In the summer of 2020, a monumental deal for the wider esports space was announced, and whilst it made some noise in financial, esports and gaming circles, it went by largely without much fanfare. The acquisition of Belong by GAME by esports infrastructure company Vindex, and the associated news that the US-based firm plans to [...]
More UK funds run by men called Dave than women March 8, 2021 There are more funds run by men called Dave than there are female managers in the industry, according to Morningstar analysis. There are 68 UK funds run by men called Dave or David and just 45 women, equivalent to just 7.7 per cent of UK-domiciled funds in Morningstar’s sample. Additionally of the £475m in managed [...]
Hotels, restaurants and pubs ‘optimistic’ about bounce back in trading March 8, 2021 Many hotel, restaurant and pub firms are “optimistic” about the future despite the pressures of the Covid-19 crisis, with most expecting trading to bounce back by the end of the year, a survey showed. Hotel businesses had the most positive outlook, with 83 per cent of the operators surveyed saying they were confident about future [...]
Exclusive: London pubs, restaurants and hotels to claim almost £200m in restart grants March 8, 2021 London pubs, restaurants and hotels are set to receive almost £200m in extra government grants to help them reopen after the latest coronavirus lockdown. Around 13,000 hospitality businesses across the capital will be eligible to claim £184.2m in the restart grants, City A.M. can reveal. Research by real estate adviser Altus Group showed 3,632 pubs [...]
Deliveroo offers share hungry investors access to £50m ahead of IPO March 7, 2021 Deliveroo will make £50m of shares available to its customers in its forthcoming IPO as part of a community offer. From tomorrow, any Deliveroo customer who has placed an order with the takeaway service will be able to register their interest in applying for shares in any future floatation via their app. This means that [...]
Mother’s Day gifts: Make 2021 a lockdown to remember March 6, 2021 As the first mother’s day under lockdown rapidly approaches, this year it’s more important than ever to get your gift just right. This year we have focused on the amazing food options you can lavish upon your wonderful mother – or you could even buy two and eat them together over a nice, long Zoom [...]