Sales at Pizza Express fell by six per cent in its international markets.
Losses at Pizza Express ballooned to more than £40m in 2024, it has been revealed, as its sales also dipped.
The restaurant chain’s pre-tax losses went from £7.9m to £40.7m while new accounts filed with Companies House also show its revenue slipped from £454.5m to £442.1m over the same period.
In the UK and Ireland, the chain’s sales fell by 2.7 per cent and by six per cent in its international markets.
A statement signed off by the board said: “During 2024, our primary market of the UK and Ireland continued to operate in a challenging macroeconomic environment.
“There has been continued consumer caution driven by economic uncertainty and the lasting impacts of the cost-of-living crisis, coupled with cost in