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pizza hut closure

Pizza Hut to shut 68 restaurants in UK

SUMMARY

Pizza Hut will close 68 restaurants in the UK after its operator, DLC London Pie, entered administration. The closures could impact an unspecified number of workers. FTI corporate finance has been appointed as administrators.

This follows DLC's acquisition of the chain's restaurants less than a year ago when they were also facing insolvency. In a pre-pack administration deal, Yum! Brands, owner of Pizza Hut, purchased the UK operations, saving 64 sites and securing 1,277 jobs. Updates on this story will follow.


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