Finance
Pizza Hut UK to close 68 restaurants, 1,210 jobs to go
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
Pizza Hut UK will close 68 locations, leading to 1,210 job losses. Yum! Brands will save 64 restaurants, preserving 1,276 jobs amid UK hospitality challenges.
LONDON (Reuters) -Pizza Hut UK will shut 68 restaurants and 11 delivery sites, resulting in the loss of 1,210 jobs, after the company behind its British venues entered administration, according to administrator FTI Consulting.
FTI was announced on Monday as administrator of DC London Pie Limited, the operator of Pizza Hut's UK restaurants.
However, in a so-called pre-pack administration Pizza Hut's global owner Yum! Brands, the U.S. hospitality giant, agreed to save 64 UK restaurants, preserving 1,276 jobs.
"This targeted acquisition aims to safeguard our guest experience and protect jobs where possible," Nicolas Burquier, Yum! Brands' managing director international operating markets, said.
"Our immediate priority is operational continuity at the acquired locations and supporting colleagues through the transition."
Pizza Hut's administration comes as Britain's hospitality industry faces mounting cost pressures, including higher staff wages and employee social security contributions, while cash-strapped UK consumers are cutting back on dining out.
(Reporting by James Davey; Editing by Jan Harvey)
Administration is a legal process where a company is placed under the control of an administrator to manage its affairs, often due to financial difficulties. The goal is to maximize returns for creditors.
A pre-pack administration is a process where a company arranges the sale of its business or assets before appointing an administrator, allowing for a smoother transition and potentially preserving jobs.
Delivery sites refer to locations where goods or services are dispatched to customers. In the context of restaurants, they are places from which food is delivered to customers.
Operational continuity refers to the ability of a business to maintain its essential functions during and after a crisis or significant change, ensuring minimal disruption to services.
Cash-strapped describes a situation where an individual or organization lacks sufficient cash flow to meet its financial obligations, often leading to difficulties in paying bills or maintaining operations.
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