Overview
- FTI Consulting has been appointed administrator to DC London Pie Limited, the franchisee running Pizza Hut’s UK dine-in restaurants.
- Yum! Brands completed a pre-pack acquisition preserving 64 restaurants, with staff at those locations transferring under TUPE to a new Yum! equity business.
- Reports say 68 to 75 dine-in sites were excluded from the deal and face potential closure, with hundreds of jobs at risk as final numbers are clarified.
- Company statements and early coverage cite differing figures for staff transfers and redundancies, and a definitive list of affected sites has not been published.
- Takeaway and delivery operations are reported to continue trading, as the dine-in restructuring follows earlier rescues and sustained cost and demand pressures across casual dining.