100 employees at Langan’s Brasserie may face redundancy as the restaurant struggles to stay afloat due to Covid-19.
According to the Guardian, the London restaurant, which has been open since 1976, has filed a notice of intention to appoint administrators, with financial advisory firm Begbies Traynor selected as the potential candidate.
It comes as the UK furlough scheme is set to to end on 31 October, a life line which sees the state pay up to 60% of employees wages who are unable to work due to Covid-19, whilst employers pay the other 20%.
Other restaurant groups told the outlet that many restaurants in London were experiencing a “75% slump in takings”due to the latest Tier 2 restrictions imposed by the government that prohibit venues to stay open past 10pm and people from different households to mix.
One restaurant owner told the paper that “Langan’s might struggle to find a buyer.”
They said: “All restaurants have been struggling since March. After lockdown we were starting to see a recovery when more restrictions came in and knocked it for six.
“Restaurants like Langan’s? How can they survive without regular visitors from out of town who want a relaxing long lunch or dinner? Those people are not around any more. London has been crippled and on the course we are on it could take a decade or more for it to recover.”