Sky News. Pizza Hut traded from 244 restaurants in the UK before the country went into lockdown following the coronavirus pandemic, and now it has been reported that all of those restaurants have been put at risk of closure.Sources are reported to have said that a final decision is yet to be taken by the chain but that a Company Voluntary Arrangement (CVA) is "a distinct possibility".A CVA allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate debts over an agreed period of time.In a statement, a spokesman said: "Despite government support, and entering lockdown from a place of strength, the cost of lockdown combined with.
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