Legal
Pizza Express ‘highly likely' to launch debt restructuring
Pizza Express ‘highly likely' to launch debt restructuring
This is despite the chain’s £70 million loan last month.
McDonald's to reopen 15 stores as it seeks rent relief from landlords
The outlets will open on 13 May.
Prezzo hires advisers, weighs post-virus options
The move comes less than two years after the chain closed dozens of outlets.
Byron owners launch bid: report
The burger chain employs 1,200 people.
GBK, Azzurri appoint advisers amidst lockdown
Restaurant sales have been gravely affected since being told to close its doors.
Pret A Manger reportedly seeking £87m in urgent bank funding
The company runs more than 500 sites in the UK.
Le Pain Quotidien facing collapse: report
500 jobs are at risk.
Greggs files plans to open first drive-thru in Scotland: report
A decision is expected to be made on 29 May.
Carluccio's administrators get bids after chain's collapse
Majority of its staff have been furloughed.
Greggs secures £150m COVID-19 support
The bakery chain expects to take a weekly hit of £3.5m if shops are closed until end-June.
Gourmet Burger Kitchen owner to halt financial support to chain
Famous Brands bought the burger chain in 2016.
Chiquito to close majority of sites as it enters administration
20 sites will remain open.
Carluccio's enters administration as other chains mull future
The chain employs 2,000 people.
Coronavirus Act 2020: implications for landlords and tenants
(Editor's Note: The commentary is written by Trethowans associate Linden Talbot. Original article here. Reposted with permission.)
SSP Group expects up to 45% drop in revenue in March
Travel bans due to COVID-19 have affected performance.
The Restaurant Group warns investors of sales hit due to COVID-19
The group plans to cut capital expenditure by at least £45 million.
Gourmet Burger Kitchen's like-for-like sales rise 3.7%
System-wide sales declined 13.9%.
