Restructuring

Burger King calls in advisers to review CVA options

Burger King is reportedly considering the closure of some of its small UK branches following a restructuring process brought on…

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Gusto CVA approved, 600 jobs saved

Italian restaurant chain Gusto is to go ahead with its CVA plans, which it said secures the future of the…

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Caffe Nero drafts in KPMG for landlord negotiations

Caffe Nero has drafted in KPMG in a bid to negotiate high street rent cuts with landlords, according to Sky…

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Pizza Express creditors approve CVA

Pizza Express has announced today (7 September 2020) that its creditors have approved its proposed company voluntary agreement (CVA). In…

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Pret to launch ‘first ever’ in-shop coffee subscription service

Pret A Manger has announced it is to launch the “UK’s first ever” in-shop coffee subscription on Tuesday 8 September…

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Pret a Manger to cut 2,800 jobs

Pret a Manger has confirmed it is to cut 2,800 high street jobs as part of a restructuring following almost…

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Wasabi launches CVA proposal

Wasabi, the grab and go sushi and bento retailer, has announced the launch of a company Voluntary Arrangement (CVA) proposal.…

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Accommodation and food service sectors see 53% drop in insolvencies

The accommodation and food services sectors have seen a 53% drop in insolvencies from May to July 2020, compared to…

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Pizza Express to close 73 sites, 1,100 jobs at risk

Pizza Express has formally launched a CVA in a bid to reduce its restaurant estate and rental cost base following…

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Yo Sushi to axe 250 jobs following CVA

Yo Sushi has announced it will shutter 19 sites and axe 250 jobs in a bid to restructure the business…

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