Sixty-eight Pizza Hut restaurants across the UK are set to close after the company behind its UK operations fell into administration. The affected sites range from Finchley Lido in London to Carlisle in Cumbria and Rhyl in north Wales.
In addition, 11 delivery-only outlets will shut down, putting 1,210 jobs at risk.
DC London Pie, which operated Pizza Hut’s UK restaurants under a franchise agreement, appointed administrators from FTI Consulting on Monday.
However, there was some good news for the brand. US parent company Yum! Brands — which also owns KFC and Taco Bell — stepped in to buy 64 restaurants through a pre-pack administration deal, securing 1,276 jobs.
Matt Callaghan of FTI said the deal “provides a stable platform for one of the UK’s best-known dine-in brands” and ensures the survival of part of the chain. He added that administrators will support staff impacted by the closures.
