Pizza Hut is to shut 68 restaurants after the company behind its UK venues fell into administration. It will also shut 11 delivery sites as part of a restructuring which will put 1,210 workers at risk of redundancy.
DC London Pie, the firm running Pizza Hut's UK dine-in restaurants, appointed administrators from corporate finance firm FTI on Monday. It comes less than a year after the business had itself bought the chain's restaurants from insolvency. Pizza Hut has venues at Middlesbrough Leisure Park, at Teesside Park and at Hartlepool Marina.
On Monday, American hospitality giant Yum! Brands, which owns the global Pizza Hut business, said it has now bought the UK restaurant operation in a pre-pack administration deal. The rescue deal will save 64 sites and secure the future of 1,27