{"id":515171,"date":"2025-10-20T19:56:15","date_gmt":"2025-10-20T19:56:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/515171\/"},"modified":"2025-10-20T19:56:15","modified_gmt":"2025-10-20T19:56:15","slug":"dozens-of-pizza-hut-restaurants-to-shut-as-company-behind-venues-enters-administration","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/515171\/","title":{"rendered":"Dozens of Pizza Hut restaurants to shut as company behind venues enters administration"},"content":{"rendered":"<p>Your support helps us to tell the story<\/p>\n<p class=\"sc-1uza6dc-0 jEZjIj\">From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it&#8217;s investigating the financials of Elon Musk&#8217;s pro-Trump PAC or producing our latest documentary, &#8216;The A Word&#8217;, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.<\/p>\n<p class=\"sc-1uza6dc-0 jEZjIj\">At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.<\/p>\n<p class=\"sc-1uza6dc-0 jEZjIj\">The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.<\/p>\n<p><strong class=\"sc-1uza6dc-1 gunhQQ\">Your support makes all the difference.<\/strong>Read more<\/p>\n<p>Dozens of <a href=\"https:\/\/www.independent.co.uk\/topic\/pizza-hut\" target=\"_blank\" rel=\"noopener\">Pizza Hut<\/a> <a href=\"https:\/\/www.independent.co.uk\/topic\/restaurants\" target=\"_blank\" rel=\"noopener\">restaurants<\/a> in the UK could close and hundreds of jobs are at risk after the dine-in side of its business collapsed into <a href=\"https:\/\/www.independent.co.uk\/topic\/administration\" target=\"_blank\" rel=\"noopener\">administration<\/a>.<\/p>\n<p>Pizza Hut\u2019s UK restaurant business has said it will shut 68 venues after falling into administration.<\/p>\n<p>However, a newly agreed rescue deal will save 64 sites and secure the future of 1,277 workers.<\/p>\n<p>As part of a pre-packaged administration, Pizza Hut UK announced the acquisition of the Pizza Hut dine-in operations. <\/p>\n<p>A statement read: \u201cWe are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs. Approximately 1,277 team members will transfer to the new Yum! equity business under UK TUPE legislation, including above-restaurant leaders and support teams.<\/p>\n<p>Nicolas Burquier, managing director international operating markets, said: \u201cThis targeted acquisition aims to safeguard our guest experience and protect jobs where possible. Our immediate priority is operational continuity at the acquired locations and supporting colleagues through the transition.\u201d<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/7b536d31cb7aa06f3d5c5ac3c50eeaa4Y29udGVudHNlYXJjaGFwaSwxNzYxMDUyMTAw-2.55409418.jpg\"  loading=\"lazy\" alt=\"Pizza Hut is to shut 68 restaurants after the company behind its UK restaurants fell into administration\" class=\"sc-1mc30lb-0 ggpMaE inline-gallery-btn\"\/><\/p>\n<p>open image in gallery<\/p>\n<p>Pizza Hut is to shut 68 restaurants after the company behind its UK restaurants fell into administration (PA)<\/p>\n<p>More than 740 jobs are at risk as a further 75 dine-in restaurants were not part of the last-minute rescue deal, according to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.thebusinessdesk.com\/eastmidlands\/news\/2103189-pizza-hut-appoints-administrators-in-latest-blow-for-hospitality-sector\">The Business Desk<\/a>. The applicant behind today\u2019s filing, Yum! III (UK) Limited, is a subsidiary of American food outlet operator Yum! Brands, Inc, which holds a charge over the business.<\/p>\n<p>Administration is the legal process where directors appoint an administrator to take control of the company and everything it owns in an attempt to save it. They have the power to issue redundancies, but if saving the business isn\u2019t possible, they will try to return money to the creditors.<\/p>\n<p>FTI was announced as the administrator of DC London Pie Limited, a franchisee of Pizza Hut. <\/p>\n<p>It comes less than a year after DC London Pie Limited had bought the chain\u2019s restaurants from insolvency.<\/p>\n<p>The chain, headquartered in Texas, operates 19,866 restaurants worldwide as of 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The&hellip;\n","protected":false},"author":2,"featured_media":515172,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,393,4884,1144,712,16,15,1764],"class_list":{"0":"post-515171","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-england","11":"tag-great-britain","12":"tag-northern-ireland","13":"tag-scotland","14":"tag-uk","15":"tag-united-kingdom","16":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115408264024748723","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/515171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=515171"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/515171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/515172"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=515171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=515171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=515171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}