 Nationwide wholesaler and retailer BWG Foods has announced a €25m four year sustainability strategy aimed at significantly reducing the environmental impact of its nationwide supply chain.
As part of the new strategy, BWG Foods is switching to cleaner energies and has committed to installing renewable energy solutions across its operations.
The monthly Foodservice Sector Sentiment Index for February 2021 has been published. The survey conducted with both suppliers and end users across the foodservice sector aims to provide a snapshot of attitudes towards current marketplace conditions and the economic climate.
Covering such areas as employment, team management, state support, and industry perceptions, the index gives a unique perspective on how the hospitality supplier sector sees itself and how it views the outlook for the industry over the short to medium term.  Dalata Hotel Group, which owns the Maldron and Clayton hotels, has reported a 68% reduction in revenue leading to a loss after tax of €101m for the year to the end of December, which it described as an unprecedented year of challenge for the industry.
The hotel group said its revenue for the year sank by 68% to €136.8m from €429.2m in 2019, while its loss after tax came to €100.7m compared to profits of 78.2m in 2019 - a change of 228.7%.  Ireland is to take part in discussions on proposals by the EU to create a coronavirus vaccine passport which it is hoped could allow people travel for a holiday or work, it emerged on Monday.
EU President Ursula von der Leyen said yesterday the EU-wide ‘Digital Green Pass’ would be proposed this month and that it could be a first step towards a vaccine passport for travel by those who have had the jab.  The temporary reduction in the standard rate of VAT from 23% to 21%, announced as part of the July 2020 Jobs Stimulus Plan, was in effect from 1 September 2020 to 28 February 2021.
 A number of test case lawsuits are expected to be filed shortly by restaurants whose insurers have refused to pay out for business interruption caused by the Covid-19 pandemic.
Despite a landmark ruling in a case involving FBD that pub owners were entitled to be compensated for the disruption to their businesses, hundreds of restaurants, cafes and hotels have been unable to successfully claim from their insurers. |
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