As a senior reporter, Katherine focuses on hotel news, analysis and features.
Loungers raises £8.3m through share placing
Loungers, which operates 167 Lounge and Cosy Club sites, has raised approximately £8.3m through a share placing yesterday."
Loungers latest to look to share placing as it commits to resuming roll-out post-closure
Loungers, the operator of 167 Lounge and Cosy Club sites, is the latest hospitality business to look to a share placing to provide additional liquidity.
Le Pain Quotidien ‘close to collapse’
Bakery-restaurant group Le Pain Quotidien is “close to collapse” and attempting to sell its UK operations, reports Sky News."
Croydon BID leads #RaiseTheBar campaign for more businesses to access grant
Croydon Business Improvement District (BID) is leading the #RaiseTheBar campaign, which wants more businesses to be able to access the government’s £25,000 retail, hospitality and leisure grant.
Social distancing will be ‘the next threat to our business’
The government must provide “continual support” for hospitality businesses, which will be unable to operate fully or reopen at all while social distancing restrictions remain in place.