The Pizza Hut restaurant chain in the United Kingdom has entered insolvency, affecting 68 dine-in locations operated by DC London Pie Ltd. This decision comes after HMRC filed a liquidation request due to unpaid debts. Although the company did not specify how many employees will be affected, sources indicate that approximately 741 jobs are at risk. Some locations have sent staff home without clear explanations, causing confusion and concern among employees. Takeaway restaurants are not affected, as they are operated by a separate entity. Yum! Brands acted quickly, saving 64 locations and ensuring the transfer of over 2,259 employees into the new business structure. The financial crisis was triggered by the bankruptcy of the former owner, Heart with Smart Limited, which had debts of nearly 40 million pounds.
Sources
Pizza Hut Marea Britanie va închide 68 de restaurante după ce a intrat în insolvență. Angajații au fost trimiși acasă la mijlocul zilei
O mare companie anunță că va închide zeci de restaurante din Marea Britanie
Pizza Hut to shut 68 UK restaurants after hiring administrators
Pizza Hut to close 68 UK restaurants after falling into administration
Latest News
17:58
The standard diesel excise duty, temporarily reduced by 25% until September 15, 2026
17:58
A Turkish drone illegally entered Greek airspace, prompting the intervention of F-16 aircraft.
17:39
The Romanian government has decided to extend the operation of the lignite power plants in Turceni and Craiova.
17:29
Nicușor Dan has promulgated the ANI law / Dominic Fritz will lose his mandate as mayor of Timișoara
17:23
The EU has announced humanitarian aid of 2 million euros to support Nepal.
See more news