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28 November 2021

Opinion from Adrian Leopard & Co

News impacting business from Adrian Leopard & Company - Insolvency Practioners & Mediators

Leopard News

Restaurant turnovers drop but take away booms

Restaurant turnovers drop but take away booms

There is a new dining landscape forming out of the new habits developed during the lockdown

It is a rather strange version of the grass always being greener on the other side. The pandemic brought about a significant reduction in restaurant turnover in 2020, albeit not surprising given the lockdown. This deduction has come from data provided by the top 25 UK restaurant groups.
If there were ever an admission that covid passports were useful, the government’s latest enquiry is it

If there were ever an admission that covid passports were useful, the government’s latest enquiry is it

Essential to keep checking at home so you contain the virus if you have it and keep your friends safe

As the UK weekly new cases hovers consistently and tantalisingly at just under a quarter of a million a week, today it is 243983, the government has launched a consultation requesting evidence on the proposal for mandatory covid passports for use in a Plan B scenario.
England dropping restrictions – how must others feel? Has this really been properly thought about?

England dropping restrictions – how must others feel? Has this really been properly thought about?

Government advice is that covid passes should be required for “large events”. What is a large event? Surely any event which pushes people together tightly is going to be risky?

Is the decision of the British government to relax restrictions a selfish act which has little regard for the needs of others or does it herald the way for the rest of the world?

Poll finds hospitality industry expects covid passports to be introduced. What really are the issues?

Poll finds hospitality industry expects covid passports to be introduced. What really are the issues?

What is “covid safe”? Is there a percentage which you can put on “safety” and how will the high risk members of society decide to handle it?

It is perhaps something of a surprise but a new poll finds that hospitality businesses are anticipating that vaccination passports will be required for pubs and restaurants once they have fully opened up.
Al fresco gets your vote! But is there still risk?

Al fresco gets your vote! But is there still risk?

It’s great to see that hospitality is not dead! However, make sure while enjoying that you do not end up catching the dreaded lurgy

We are now well into the first week of trading for hospitality businesses in England this year. It was a week we all wondered about – what would happen? Would it do well, badly? Would the weather be with us or against?
Is there no end to the potential uses of personal data? The hospitality industry has huge possibilities here

Is there no end to the potential uses of personal data? The hospitality industry has huge possibilities here

Your experiences of eating and drinking out stand a good chance of improving hugely as we move forward

It is ironical that it has taken a pandemic to bring forward the revolution of the use of personal data. When we think of this, normally our minds turn to identification, bank accounts, in fact just about anything but now your food preferences?

Vaccination passports – now the Prime Minster says they are under consideration. What groups of people may be pressing for these?

Vaccination passports – now the Prime Minster says they are under consideration. What groups of people may be pressing for these?

People are going to want to feel safe before their confidence in returning to normal life is going to be regained

Now that the Prime Minister has outlined the road map out of covid-19 restrictions, the debate has again turned to the issue of vaccination passports which we have mentioned a number of times now.

Windfall tax – is this the right time?

Windfall tax – is this the right time?

Is it unreasonable for exceptional profits made as a result of the misfortunes of others to be subject to an additional tax?

The economy has had some really bad hits during the pandemic; many businesses have gone bust and large numbers of people have lost their jobs. The future looks uncertain because we do not know when things will be able to get back to some semblance of normal working.
Vaccination passport – it is inevitable and the UK does not need to be left behind. But hospitality businesses need this

Vaccination passport – it is inevitable and the UK does not need to be left behind. But hospitality businesses need this

We are normally pioneers and yet everyone else is working to get there first!

It is only a few days ago when we raised the question of vaccination passports, who might need them and when. Since then the issue has come up a number of times and passports are going to be needed and the UK runs the risk of being left behind if it does not get on board.

Vaccination passport – this is as inevitable as the day is long!

Vaccination passport – this is as inevitable as the day is long!

It will be essential for people in many different areas of life to be able to prove that they have been vaccinated

The question of a vaccination passport is hotting up and the Health Secretary Matt Hancock has admitted on television that the matter is being discussed with other countries which are likely to require such a passport to allow people to go there.
Can employers insist that their employees are vaccinated against Covid-19 or indeed their customers?

Can employers insist that their employees are vaccinated against Covid-19 or indeed their customers?

It will definitely become “those who have and those who haven’t”. And it will become as divisive as everything else during this pandemic

The question as to whether any party has a right to insist that any other party must be vaccinated has been raised before and as yet there are no definitive answers – indeed there are various possibilities.
Following successful court case, insurance companies still reluctant to pay out on Covid-19 business interruption claims

Following successful court case, insurance companies still reluctant to pay out on Covid-19 business interruption claims

It is not unknown for a party to win a case but still feel he has lost it. Covid-19 business interruption claims must surely fall into that category

It is a real blow for some hoteliers and other hospitality operators but although there were insurance claims for business interruption, insurance companies fell over themselves to avoid making payouts, claiming that the cover did not extend to such exceptional circumstances or that the wording did not cover the present situation etc.

Christmas and New Year are over. Now into the bleak mid-winter?

Christmas and New Year are over. Now into the bleak mid-winter?

2021 is going to be a very hard year for the hospitality industry; there is just no indication of when things could start to improve

As we all know, December is generally one of the best months of the year for trade in the hospitality industry. People all have their office Christmas parties and over Christmas families go out drinking and eating and at new year, yes getting well oiled is definitely the order of the day.
As the vaccinations proceed everyone wants to know when the lockdown will be over

As the vaccinations proceed everyone wants to know when the lockdown will be over

News is full of vaccines so everyone thinks they can go back to normal. They are going to be disappointed

Last week ended with a pot pourri of different matters coming to the top but the predominant news is all about vaccinating the people, both in the UK and world wide. And it does sound both exciting and encouraging. The spin doctors are in their element.
Why an immunity certificate will be essential for clubs and societies as well as the hospitality industry

Why an immunity certificate will be essential for clubs and societies as well as the hospitality industry

In order to be reintegrated we shall all need to prove we have taken the necessary steps to protect ourselves and those around us

It does appear that we are approaching a crisis point with regard to coronavirus cases. After having another complete lockdown, it does appear as if that did not do the trick beyond a certain levelling off of cases but now it is over, it looks like the transmission of Covid-19 has gone into overdrive
No Vaccination certificates? This is incredibly short-sighted and naïve in the extreme!

No Vaccination certificates? This is incredibly short-sighted and naïve in the extreme!

Proving you have had the vaccination is bound to become essential if you want full access to services in due course.

As the excitement of getting first vaccinations done romps on, thoughts are already being turned to the future. As we surmised yesterday, comments are already being made about the less well-off countries which may not get the vaccines because the wealthy countries decide to hoard them.
How will our divided society deal with post-Covid?

How will our divided society deal with post-Covid?

As the Covid-19 crisis moves on, so do the arguments and differences of opinion and gradually people take more and more entrenched positions. No discussions then.

With all the present rows about whether we should favour greater lockdowns or greater if not complete relaxations of controls, our minds have not turned to a great extent towards the future and what that will look like. Do we think that the day we get a vaccine against Covid-19 will be the day we all kiss and make up and put our differences behind us?
Advertising – sometimes it all seems so illogical. High in fat, sugar and salt – HFSS.

Advertising – sometimes it all seems so illogical. High in fat, sugar and salt – HFSS.

Covid-19 and the US elections are happily not the only issues in our news these days. Obesity is still a big problem.

Probably the greatest paradox between product and advertising came with cigarettes. For decades harvesting tobacco to make cigarettes was big busines worldwide – UK companies even sent employees abroad to manage their tobacco plants in countries like Argentina and India – livelihoods were sustained and children even sent back to Britain to attend boarding school – and there are still plenty of people alive today who were amongst them!
Restaurants to remain takeaways for the time being at least but big rent bills looming and no money to pay them.

Restaurants to remain takeaways for the time being at least but big rent bills looming and no money to pay them.

A positive development which may be part of the new norm but only if these outlets can remain in business.

One of the changes in rules which was made in March at the beginning of the pandemic was that restaurants and pubs could operate as takeaways as well. This was not previously permitted as operating a takeaway required separate planning permission.
Marston’s and Carlsberg merge

Marston’s and Carlsberg merge

Two iconic brands get together but let’s hope their respective products retain their identity!

Business is business and brands can get together in what can seem confusing unions. The merger of Marston’s with Carlsberg seems like mixing two incompatible words in one sentence. Looking at it from the point of view of a traditional English ale drinker, it is like pouring the amber nectar into fizzy pop!
Hospitality industry in trouble again – businesses beginning to count the cost.

Hospitality industry in trouble again – businesses beginning to count the cost.

The harder we work to make the lockdown successful, the sooner we shall all come out the other side.

Whether or not you are in favour of another lockdown, what is certain is that our hospitality industry really is taking a beating with this terrible virus. After the chancellor of the exchequer introduced his remarkable scheme of eat out to help out, sadly there is now a school of thought propagating the view that this was a false economy

Let’s pile on the restrictions and is there a face mask fashion in the making?

Let’s pile on the restrictions and is there a face mask fashion in the making?

Things are really getting serious as the UK government changes its position dramatically over the virus.

Clearly on Friday I was not the only one who was depressed about the way the Covid-19 pandemic is going. As yesterday the number of world cases passed 46 million and declared deaths passed 1.2 million, Prime Minister Boris Johnson has been persuaded by his scientific experts that we were not doing enough to stop the spread of the disease. Moreover the UK yesterday has passed the milestone of 1 million cases according to Johns Hopkins.
Alas alack – hopefully playing with people’s lives is over now

Alas alack – hopefully playing with people’s lives is over now

I am sure that most of the country want to see these high tier restrictions avoided so there really is a job to do to get this virus stopped.

It is very sad indeed that the parties allowed the question of saving lives to get mixed up with how much money we are going to get out of it, because that is what we have witnessed over recent days with the row between Great Manchester mayor and the government.
The UK enters a new phase of approach to Covid-19

The UK enters a new phase of approach to Covid-19

The long awaited new restrictions have been announced but little in the way of surprises.

With the complications of a number of different systems in operation at once and with additional restrictions being imposed in some locations on top, it is going to be necessary for everyone to concentrate on what the restrictions are in all areas and for the people to take full responsibility in trying to make the new measures actually work.
As the situation deteriorates the hospitality industry must feel it is fighting a losing battle now. What? Dinner without a decent drink?

As the situation deteriorates the hospitality industry must feel it is fighting a losing battle now. What? Dinner without a decent drink?

Alcohol consumption clearly seen as a serious threat in relation to the spread of Covid-19.

The Scottish First Minister, Nicola Sturgeon, took a bold step and announced the closure of pubs and the banning of alcohol sales on a vast scale, as well as greatly reduced hours for hospitality businesses in Scotland as the number of new cases continues to get worse.
Chancellor does it again – some targeted relief for business. But are sandwich shops worth more than human lives?

Chancellor does it again – some targeted relief for business. But are sandwich shops worth more than human lives?

Government moves to show a way forward for businesses to start making hard decisions

A week ago we commented on whether the time had come to start to let inevitable failures fail. It is a hard decision to make but with life changing so very dramatically, it certainly is inevitable that some businesses will not recover in the way that we knew them.

News for hospitality industry is rather depressing

News for hospitality industry is rather depressing

Let us hope that the deterioration has not gone too far already

When the chancellor’s eat out to help out scheme was in full swing, pubs and restaurants did amazingly well. 100 million meals were sold. Not bad, eh? And then when hotels were able to re-open, many hotels did absolutely bumper business in August – indeed some hoteliers said that they made up for all the months of closure with the influx of business, and all of that without foreign business as the foreigners were not here.
A portent of things to come for the whole of the UK? Restrictions reflect the panic in the government’s eye

A portent of things to come for the whole of the UK? Restrictions reflect the panic in the government’s eye

Once again the people need to realise that matters are going to get a lot worse before they get any better

It is almost like comparing the haves to the have nots. Now virtually the whole of the north of England is being subjected to new restrictions, that is except for Blackpool and so far no one has explained why Blackpool is being given preferential treatment!

Booking.com to close a number of its world offices including two in the UK. Will this affect you?

Booking.com to close a number of its world offices including two in the UK. Will this affect you?

Worldwide travel industry is facing an immense reduction in size. This is more than just a short term glitch

Just about everyone who stays at a hotel at any time knows about Booking.com. As online travel agents, OTAs, go, it is probably just about the best known. Their site is comprehensive and they include loads of photographs of proposed destinations and provide a fairly good amount of information about venues to enable people to make their selections.

Some good news for businesses today. You may be insured after all says High Court

Some good news for businesses today. You may be insured after all says High Court

It is not normal for English civil courts to be quick but today they have excelled themselves!

They say that sometimes good things come in small parcels. Whether a High Court judgement running to some 162 pages is a small parcel or not, the outcome of the trial held to determine whether  insurance companies could avoid business interruption liability due to Covid-19 will be music to the ears of some. This trial has been something of a remarkable matter – the whole thing thus far has taken merely a matter of months to be set down and heard at first level and a lengthy judgement given.
Possession proceedings for commercial premises – there are two sides to every story – and there could be quite a few sides

Possession proceedings for commercial premises – there are two sides to every story – and there could be quite a few sides

Perhaps landlords and tenants should think about mediation before embarking on the litigation route to resolve their differences

As the pandemic rolls on, the cries are getting louder for the government to extend the moratorium in respect of possession proceedings for commercial premises where rents are in arrears due to coronavirus. One hospitality business association is now saying that if the moratorium is not extended the government will face a “bloodbath” of business failures.
Financial pressures are going to start to build up, notably in hospitality

Financial pressures are going to start to build up, notably in hospitality

The shock of battening down the hatches has not yet dawned

The hospitality industry is likely to be facing increased financial pressure over the forthcoming weeks. The industry has found itself in a unique position having been more or less closed down in March. We are now beginning to see the premises which have not re-opened since the lockdown was relaxed and which are beginning to announce that they will not re-open, at least under the same ownership.
To discount or not to discount – that is the question

To discount or not to discount – that is the question

Eating out always has been a caveat emptor issue but more so than ever at the moment!

The chancellor’s eat out to help out scheme is now closed. Considering the novelty of the idea when it was announced, it does appear to have been an incredible success with some restaurants saying they have never had a busier August than this one. The scheme has cost a great deal of money with well over 64 million meals being sold.

Discount meal scheme to be continued by some venues into September

Discount meal scheme to be continued by some venues into September

Enjoy cheaper food while it lasts – September probably heralds something different

The chancellor’s eat out to help out scheme has one further day to run after today, next Monday which is a bank holiday. Although there have been calls for the chancellor to extend his scheme this has not been done and it would be surprising if it were given that the ball is being picked up by others.

Turnover based rents – could this be the way forward for the future in hospitality? Could it herald the difference between survival or insolvency?

Turnover based rents – could this be the way forward for the future in hospitality? Could it herald the difference between survival or insolvency?

Whatever else Covid-19 has done, it has taught us significant lessons in relation to business matters. We need to be ready in case it happens again in the future

As things stand, a lease is not an asset – it is a liability other than in very limited circumstances. This fact has never been better known than it has during the pandemic lockdown. Businesses have had to close by government order but their rents continue to accrue and become due.
Why are UK Covid-19 cases on the increase? Off to your country house hotel stay?

Why are UK Covid-19 cases on the increase? Off to your country house hotel stay?

As we said previously, putting a stop to the spread of Covid-19 is really in the hands of the people

There is no getting away from it – the gentle drop in new cases in the UK has suffered a quite clear reverse over the past couple of weeks. New cases have now been back in four figures for several days after what might have been seen as an encouraging reduction down to the mid-hundreds.
Technology in the hospitality industry – this is going to grow a lot

Technology in the hospitality industry – this is going to grow a lot

One sector of the economy is booming – hospitality technology!

If there is one thing which has moved forward apace during the coronavirus pandemic it is the development of technology to make the hospitality business more “Covid-19 friendly”. People using restaurants and hotels are already beginning to see these developments in operation but perhaps they are not aware of the extent of where things are moving to.

A little reminder – eat out to help out

A little reminder – eat out to help out

Nice weather coming up – a great opportunity to take advantage of the government scheme for contributing to your meals

Tomorrow Monday 10th sees the second “batch” of days when you can get a helping hand with your dinner costs from the Chancellor of the Exchequer. This is his scheme “eat out to help out” where he will contribute 50% of your food and soft drinks costs up to £10 per person.
Is a choice between education and hospitality a realistic one?

Is a choice between education and hospitality a realistic one?

As second wave becomes more likely, difficult decisions are going to have to be made

The recent discussions over the choice of re-opening the schools or keeping pubs and restaurants open seem to show that perhaps we are beginning to lose our marbles. Both of these issues are of extreme importance in relation to the future handling of the pandemic but to say that a decision should be taken to have one or the other can only be an emotive one and the author of the suggestion could not have considered all the points involved.

Half price meals on the government starts today – is this too good to be true?

Half price meals on the government starts today – is this too good to be true?

If you want to take advantage of the government hand-out don’t delay – it won’t be around for long

It is an old adage that there is no such thing as a free lunch but now for the first time ever there is such a thing as a half price lunch! This is the remarkable “eat out to help out” initiative announced a month ago by the Chancellor of the Exchequer and today, 3rd August is the first day on which it applies.

Pussy Cat, Pussy Cat, where have you been?

Pussy Cat, Pussy Cat, where have you been?

How new London looks with Covid-19

Yes, I have been to London, but on this occasion not to see the Queen but in fact to attend a four day court case in the High Court. This trip has been illuminating, frighteningly so given the different ways in which the Covid-19 is having an effect.

Non-smokers not forgotten in new dining regime while case numbers escalate

Non-smokers not forgotten in new dining regime while case numbers escalate

It’s the unintended consequences which tend to trip people up!

I wonder if they forgot all about non-smokers when the government said that they were going to facilitate restaurants and pubs being able to make more use of outside space in its bid to keep the transmission of the Covid-19 disease down. There is no general ban on smoking outdoors in the UK which means that under the original proposals to extend external dining the no smoking in restaurants rule would have been conveniently forgotten – to the horror of many probably
End of an era as British Airways decide to withdraw their entire fleet of Boeing 747s and half price meals in August may be difficult to find

End of an era as British Airways decide to withdraw their entire fleet of Boeing 747s and half price meals in August may be difficult to find

As the world tries to give itself a kick-start economic problems continue to emerge

Time for retirement – British Airways has brought forward the withdrawal of its entire fleet of 31 jumbo jets. This was originally scheduled for 2024 but the reduction in business due to the pandemic has caused the decision to be taken now, according to announcements made by BA.
Chancellor’s give-aways. Amazing how parties can find a way to disagree! Beware the racketeers

Chancellor’s give-aways. Amazing how parties can find a way to disagree! Beware the racketeers

Disputes now over even how help is supposed to be managed

When the Chancellor of the Exchequer announced his mini-statement a week ago, generally public opinion seemed to be almost wholly in favour. We were being offered £10 a head to eat out on certain days in August and a reduction in VAT for the hospitality industry for six months to January – all to give the industry a well-needed shot in the arm for its very survival.

Do you feel safe going to the great outdoors? Where do you draw the line?

Do you feel safe going to the great outdoors? Where do you draw the line?

Is it practicable to stay at home for the rest of our lives? You will have to decide where you feel safe

I suppose we might have guessed that sooner or later we would be facing the question of whether you feel safe going out again or not. The answers to this question will be as numerous as the number of people asked but as we learn more about Covid-19 we can see how different groups of people come into being with their own particular and no doubt valid point of view.

How long until tourism gets back to pre-Covid-19 levels?

How long until tourism gets back to pre-Covid-19 levels?

Are people getting out and about or does there remain a significant concern over catching the virus?

It is now a week since bars and restaurants opened and gradually it becomes a little clearer what operators are thinking about the prospects for the future.

Optimistic operators are talking about two years before they get back to former levels while many others are talking about three years

Reservation deposits – blessing or curse? But what about the empty chairs and empty tables? And how would you feel if you discovered your pilot did not have a licence to fly the aircraft?

Reservation deposits – blessing or curse? But what about the empty chairs and empty tables? And how would you feel if you discovered your pilot did not have a licence to fly the aircraft?

Is the trust we place in our regulators justified? Pakistan CAA clearly has egg on its face

It is probable that the general public have little clue about the damage that no-shows can cause to restaurants and hotels. Unfortunately, this is not just an occasional problem but might almost be said to be endemic. What is difficult to know for certain in why no-shows take place and probably everyone has done it at some time or another, even if only because one of the party does not feel very well
Unprecedented move - £10 a head towards your dinner Monday through Wednesday in August from generous chancellor

Unprecedented move - £10 a head towards your dinner Monday through Wednesday in August from generous chancellor

The hospitality industry needs a shot in the arm and without doubt it has got it

Today’s announcement from the Chancellor of the Exchequer has been eagerly awaited; many different organisations have made representations as to the sort of help they would like to see to get the economy back up and running again and now they have the result.

Are you at risk of getting Covid-19? At last a table you can refer to to find out. Pretty startling findings and a must for every household! And can restaurants make a service charge compulsory?

Are you at risk of getting Covid-19? At last a table you can refer to to find out. Pretty startling findings and a must for every household! And can restaurants make a service charge compulsory?

Some very helpful guidance has been published about Covid-19 risk. This is a “must read”

If you have had Covid-19 then you are not going to be worried about getting it again – almost certainly as you will consider yourself to be protected by antibodies. This is not proven but certainly the expectation because people who have had it have got better. You may still transfer it to others if you pick it up from a hard surface.

Hospitality hopes for VAT reduction

Hospitality hopes for VAT reduction

Is a shot in the arm going to come for hospitality?

Hospitality seems to be in the news all the time and most of it seems to be bad news with closures being announced. As was announced last week Pret a Manger are to close 30 of its shops and there are rumours it could be as many as 45. The company’s business has dropped by an amazing 74% but is that surprising considering that the Covid-19 pandemic means that people have been staying at home?
Super Saturday. Really? Reality shows that we have a divided country

Super Saturday. Really? Reality shows that we have a divided country

For the majority Super Saturday weekend seems to have gone down like a damp squib

It all goes to prove that things can be hyped up as much you want but reality is not always the same. We were told to expect the roads on Super Saturday to be absolutely packed while 10.5 million people were going to go out to their caravans, second homes, holidays etc. We were told that the people could not wait to get out to the pubs and restaurants and that there would be great queues everywhere and you would not be able to go into a pub or restaurant without a booking. We were told that everyone would want a haircut.
Are you afraid of a second wave? You probably should be. Get that face mask on

Are you afraid of a second wave? You probably should be. Get that face mask on

As new cases exceed 10 million this pandemic is on the increase!

By the end of the coming week, we shall have seen major new relaxations of the social-distancing requirements. Pubs and hotels are re-opening and we shall see a further week of unlimited shopping. The following week travel opens up again and we hear talk of the quarantine measures being relaxed for certain low-risk countries.

PM brightens everyone’s day with relaxations in the lockdown but bar stools a no-no!

PM brightens everyone’s day with relaxations in the lockdown but bar stools a no-no!

As we get more freedoms, it gets more and more difficult to understand what they actually are!

There can hardly be a soul in the land who will not be pleased with some parts at least of the Prime Minister’s announcements in Parliament today, even if it is just “I can go and have a hair cut”! Additional measures such as two households at a time getting together indoors will also enable friends to meet again and for reciprocal dinner parties to get started again.

Will your local pub re-open as a going concern? What if it doesn’t?

Will your local pub re-open as a going concern? What if it doesn’t?

Opening up again after the relaxation of the lockdown is very much a two sided exercise

Crunch time looks like being upon us in the next fortnight. Pub landlords will be now be assessing what they can and cannot achieve. Probably the public will think mainly in terms of what matters to them, things like will there be adequate space for social-distancing
Corporate Insolvency & Governance Bill – a quick update. Can it help you?

Corporate Insolvency & Governance Bill – a quick update. Can it help you?

Daily we hear about more insolvency in business, notably in the hospitality industry. Now is the time to think about whether you may be in trouble.

This bill is due to have its committee stage in the House of Lords today, 16th June. It is understood that there will be some debate and if amendments are made it will have to go back to the House of Commons. Otherwise it can be expected to move forward to Royal Assent pretty quickly.

Fraternal societies and other “talk groups” – how are they affected by the pandemic?

Fraternal societies and other “talk groups” – how are they affected by the pandemic?

A short look at a huge group which has had little or no mention so far.

We have talked a great deal about damage to business, the economy, charities, the arts, the church and many others. But there is a sector of our society about which little has been said and which deserves a mention. Fraternal societies and groups such as Round Table,
Pubs and restaurants – does 1 metre distancing work for you and is it fair?

Pubs and restaurants – does 1 metre distancing work for you and is it fair?

Businesses desperate to find solutions to operate

As the days towards the end of the more general lockdown pass en route to 4th July, more and more people are wondering how pubs and restaurants can “manage”. The latest utterings from leading operators is that a 1 metre distancing requirement would enable many outlets to open and restore literally thousands of jobs. Indeed they cite the fact that the WHO rules specify 1 metre.
As deaths drop a little thoughts turn to how we come out of lockdown.

As deaths drop a little thoughts turn to how we come out of lockdown.

There’s a policy decision to be taken – continue to try and slow the virus or open the doors for a free for all.

If the present slight drop in deaths continues, no doubt many will give sighs of relief. Of course what is needed as much is a drop in the number of new cases. As we have come to realise over recent days a drop in hospital deaths does not necessarily mean the virus is in recession. The government advisers keep saying that this is the beginning of the drop but it is certainly taking its time.

We have a mortgage moratorium; what about business rents?

We have a mortgage moratorium; what about business rents?

The big question is where will the buck stop?

Managing the cash crisis during the lockdown is certainly no easy task. Government funding to pay people’s wages and salaries, rates holidays, a moratorium to block commercial evictions and so forth are all welcome shots in the arm. However, what has not yet become protected is what will happen to businesses which cannot pay their rents.
It’s Easter – time for us all to have a break

It’s Easter – time for us all to have a break

Whatever your religion, hear the Easter message which is more relevant today than ever.

When I got up this morning I wondered what I was going to write about today. Usually I have my thoughts all mapped out; today however, not so. But I was inspired when I watched Sophy Ridge on Sunday, not because of Sophy even though I have great respect for her as a newscaster, but because of one of her visitors.
Why are even successful businesses under pressure?

Why are even successful businesses under pressure?

Successful business is about judicious management of assets and cash and getting a balance alongside turnover and profitability.

Yesterday I said in my blog that I thought successful businesses in the hospitality trade with reasonable cash balances would probably get through, especially if they adopt some innovative policies to keep themselves operating during the shutdown. Well this is partly true! What is a certainty is that lack of cash is what brings businesses down – if you cannot pay your creditors continuing to trade becomes a virtual impossibility.
What is the future of hospitality in the UK?

What is the future of hospitality in the UK?

Turmoil for hotels, pubs and restaurants as the lockdown continues, and are the government handouts based on profits going to solve the problem?

The UK hospitality industry lives permanently on the edge. It has always been highly competitive and making a profit is by no means guaranteed. With the compulsory closure of hotels, pubs and restaurants, the country should be prepared for a very different view of the industry when the lockdown is over.

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