Restructuring

Is the demise of restaurant chains a good thing for local independents?

The Gaucho restaurant group is the latest in a list of chain restaurants to appoint administrators or announce restructuring and…

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Ed Baines’ ‘Randell and Aubin’ restaurant for sale

TV chef Ed Baines’ ‘Randell and Aubin’ restaurant in Manchester has been listed for sale with a lease price of…

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Restaurant CVAs rise by 143% over six months

New research has found the number of restaurants entering a company voluntary agreement (CVA) has increased by 143% over the…

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Eat avoids CVA following sales boost

Sandwich chain Eat has avoided having to draft in advisors as recent closures and an increase in sales have put…

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Carluccio’s approves CVA putting 500 jobs at risk

The creditors of Italian dining chain Carluccio’s have voted in favour of a company voluntary agreement (CVA) which could see…

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34 Carluccio’s restaurants to close after it announces CVA

Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary…

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Carluccio’s to address CVA rumours ‘this afternoon’

Italian restaurant chain Carluccio will issue a statement this afternoon regarding rumours of a potential company voluntary agreement (CVA), Catering…

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Number of restaurants in England up 13% since the recession

The number of restaurants in England has increased by 13% since the recession – from 22,230 in 2009 to 25,070…

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Gaucho to cut 750 jobs as 22 Cau restaurants under threat

Argentinian restaurant chain Cau, owned by Gaucho, is set to cut 750 jobs and the future of all 22 of…

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Prezzo CEO steps down after closing a third of outlets

Jon Hendry-Pickup has stepped down from his role as the CEO of Prezzo, following the chain’s CVA agreement. Hendry-Pickup joined…

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