The Alchemist, the Palatine Private Equity-backed cocktail bar and restaurant concept, is to up its employing engagement with the launch of a new charity-focussed initiative called “Currency of Kindness”, MCA has learnt. Under the new initiative, the Simon Potts-led company, which will open its tenth site this July in Chester, is giving its staff the freedom to donate their time to support a local community by paying them to take time off work to volunteer for partner charities in all its locations. Potts told MCA: “We take our people and their ambitions seriously. We invest in helping them fulfil their potential and in creating the best possible working environments. We encourage them to connect with their local communities and we recognise that many of them want to actively help good causes and charity initiatives. But we also recognise that it’s not always that easy to take the time out to do it.