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Pizza Express closures: Full list of 73 restaurants shutting – is yours affected?
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dailystar.co.ukPizza Express is planning to permanently shut 73 restaurants due to struggling with dept.The plan has now been approved by its creditors, putting 1,100 jobs at risk.Pizza Express said 89% of its creditors voted for its Company Voluntary Arrangement (CVA), which will see it secure rent reductions.It will also allow £144 million in funds to be reinvested into future business operations.In a statement, Pizza Express said: "The successful vote unlocks the company's ability to actively address the challenges brought by Covid-19, securing over 9,000 jobs in the UK."The directors of Pizza Express thank its creditors for their support during this period and look forward to ongoing partnership as the hospitality industry recovers to growth."The.
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