Legal

Upper Crust owner SSP gets extra £175m COVID support

The increase takes its borrowing through the programme to its max of £300 million.

Just Eat Takeaway raises €1.1bn in convertible bonds offering

It follows three consecutive quarters of order growth acceleration.

PizzaExpress exits 23 more sites

It leaves the group with around 375 UK restaurants.

SSP expects Q1 sales slump due to rising COVID-19 cases in Europe

The company also said it has broadened its revenue streams by selling essentials.

Nando's denies reports over debt crisis talks

The chain said it was not in any detailed talks with banks.

Subway caught in rent dispute with franchisees' landlords

Landlords claim the chain is exploiting the ban on evictions.

VAT cut to be extended for hospitality sector, chancellor says

The measure is expected to help support more than 150,000 businesses through the winter period.

Insurance policyholders win test case for COVID-19 claims

The insurers can appeal against the decision.

Tossed bought out from administration by former directors

All of the chain’s staff were made redundant prior to the acquisition.

Pizza Hut Restaurants to shutter 29 outlets

About 450 people will lose their jobs as a result.

Food firms call for targeted extension of rent holiday

Restaurants are at a “critical risk” of eviction, companies argue.

YO! CVA gets OK from creditors

The closures resulting from the agreement are expected to see 250 jobs cut across the group.

Wahaca to shutter 10 sites as it mulls CVA

The chain experienced a “significant depletion” of cash reserves due to earlier restrictions.