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Investegate |Tortilla Mexcn.Grill Announcements | Tortilla Mexcn.Grill: Intention to Float on AIM

Investegate |Tortilla Mexcn.Grill Announcements | Tortilla Mexcn.Grill: Intention to Float on AIM
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Tortilla announces plans to float and open 45 new sites

Tortilla announces plans to float and open 45 new sites
bighospitality.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bighospitality.co.uk Daily Mail and Mail on Sunday newspapers.

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December restrictions see Britain's bar sales suffer


December restrictions see Britain’s bar sales suffer
15th January, 2021 by Owen Bellwood
Sales in Britain’s bars plummeted in December as 93% of venues across the country were closed for indoor drinking, according to new data.
According to CGA, 93% of UK bars were closed in December
The latest Coffer Peach Business Tracker found Britain’s bar sales were down 87% in December, and that just over half of the country’s managed pubs, bars and restaurants were trading again after the November lockdown. However, by the end of December the total number of venues open was 9%.
According to CGA, 11% of pubs, 7% of bars and 5% of restaurants in Britain were open for indoor dining and drinking during the period. ....

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Managed restaurant and pub sales plummet over Christmas period


Managed restaurant and pub sales plummet over Christmas period
Sales across Britain’s managed pub and restaurant groups feel by almost three quarters at Christmas, the latest data from the Coffer Peach Business Tracker reveals.
Sales dropped a staggering 72% over the festive season, held back by increasingly severe tier restrictions in England and further prohibitions for New Year, on top of often even more debilitating restrictions in place in Scotland and Wales.
Karl Chessell, director of CGA, which produces the Tracker with The Coffer Group and RSM, said the government restrictions dashed hopes that Christmas and New Year would help at least part of the market recoup a little of the income lost earlier in 2020. ....

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UK pubs fear for future as £650m Covid losses forecast for December


“I’d be stunned if sales across the industry were any better than 10% or 20% as good as last year,” said Chris Jowsey, the chief executive of Admiral Taverns, which has 1,000 pubs across the UK.
“It’s not unusual for lots of pubs to make anywhere up to 25% of their profit in December. For a lot of smaller pubs it’s really important because it carries you through the lean months of January and February, so it’s a bit of a disaster.”
“The last two weeks of Christmas are absolutely critical, so whatever decisions are made will have a profound effect on trade across the UK,” Jowsey said. ....

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