Pizza Express has announced plans to close 73 of its restaurants across the UK which could result in 1,100 job losses. The company, which currently has around 454 restaurants in the UK, confirmed it has finalised a proposal to reduce its restaurant and rental costs via a Company Voluntary Arrangement (CVA).
The jobs on the line are the latest blow to British high streets after Marks and Spencer’s recent announcement that it was cutting 7,000 jobs across it’s UK operation.
The potential cuts at Pizza Express would see high street job losses soar to over 42,000 since the start of lockdown in March.
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