The chain Pizza Hut has collapsed into administration putting hundreds of jobs at risk
Sixty eight restaurants across the country are set to close
DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators in a dramatic development that has rocked the high street dining sector.
However Pizza Hut’s global owner Yum! Brands rushed in with a rescue deal to save 68 dine-in restaurants and protect 2,259 jobs through a pre-packaged administration sale.
Its takeaway and delivery operations are not affected by the collapse of the restaurant chain, meaning customers can still order from these
It’s the latest restaurant chain to be struggling in the current economic and high street crisis
