Pizza Hut is closing 68 restaurants across the UK, along with 11 delivery-only sites, after the company behind its UK operations, DC London Pie, went into administration.
The restructuring, overseen by corporate finance firm FTI Consulting, puts around 1,210 jobs at risk. However, a pre-pack administration deal with US parent company Yum! Brands — which also owns KFC and Taco Bell — will preserve 64 restaurants and secure 1,276 jobs.
The closures span the country, from Finchley Lido in London to Carlisle in Cumbria and Rhyl in north Wales. The surviving restaurants will now be operated directly by Yum! Brands.
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 preserving 1,276 jobs.”
FTI added that support will be provided to staff affected by the closures.
