The locations of 68 Pizza Hut restaurants set to close across the UK have been revealed after the company behind its UK venues entered administration. The closures span from Finchley Lido in London to Carlisle in Cumbria and Rhyl in north Wales.
Eleven delivery-only Pizza Hut sites will also shut as part of a restructuring, putting 1,210 workers at risk of redundancy. The move follows the appointment of administrators from corporate finance firm FTI by DC London Pie, the franchisee operating Pizza Hut's UK restaurants.
US company Yum! Brands, which owns Pizza Hut globally along with KFC and Taco Bell, has acquired the UK restaurant operation in a pre-pack administration deal. This saves 64 sites and secures the jobs of 1,276 workers, with those sites now owned directly by Yum.
Matt Callaghan, joint administrator at FTI, said: 'This transaction provides a stable platform for one of the UK’s best-known dine-in brands, securing the continuation of 64 Pizza Hut sites and importantly preserves 1,276 jobs. The joint administrators will continue to work with employees who have unfortunately been made redundant, to ensure they get the support needed.'
