Quote of the Week

"If the American people ever allow private banks to control the issue of
their money ("Federal"Reserve System), first by inflation and then by
deflation, the banks and corporations that will grow up around [the banks],
will deprive the people of their property until their children will wake up
homeless on the continent their fathers conquered."

Thomas Jefferson

"Is Tom Aikens in his own words “a complete s*&tbag” for using pre pack administration to save his restaurants?"

Does the use of pre-packs allow abuse of the system? Or are they necessary to ensure job security and protect client interests?

The pre-pack process sees a buyer lined up prior to going into administration, enabling the business to carry on trading as a “newco” without the liabilities of unsecured debts, and usually with a similar management team.
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"Price sensitivity is not to be under-estimated"

Tesco is seeing people trade down in record numbers

Price and discount are two words being uttered repeatedly throughout the industry at present - often in the form of a debate around what and what not to do in relation to the latter during a period of economic downturn. Rather, customer loyalty, considered investment and clear staff communications are key to managing the onset of tough trading periods and ensuring that the business can survive.
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HIT Scotland

The Emerging Talent Conference
11 February 2009
The Old Fruit Market, Glasgow

The Emerging Talent Conference is now in its 5th year and continues to grow in stature throughout the Scottish hospitality industry. Guest speakers
include: Guy Crawford, Jumeirah.

http://www.hitscotland.co.uk/pages/event_details.php?event_id=46