
PizzaExpress to close dozens of restaurants: report
The pizza chain may be considering a company voluntary agreement.
Dozens of PizzaExpress sites are facing potential closure as part of a financial restructuring.
Sky News reported that the company is drawing up plans to close "around 75" of its 470 UK outlets through a company voluntary arrangement (CVA).
The final number of proposed closures had yet to be arrived at, and reportedly would depend partly on the progress of formal talks with landlords.
The move, if it were to proceed, would impact hundreds of jobs in the chain’s roughly 8,000-strong workforce.
Read the full report here.