Bar chain Revolution is exploring rescue options as a result of the latest restrictions placed on hospitality.The company, which is headquartered in Ashton-under-Lyne, said it is considering 'all necessary options to ensure that its business remains viable' after a 10pm curfew came into force yesterday.One option being considered is a company voluntary arrangement (CVA) to reduce debts, which could see some of its bars close down.Only 39 of its 74 bars have reopened post-lockdown, which includes its three cocktail bars in Manchester city centre.In a statement to the London Stock Exchange, Revolution said it had raised cash from investors and extended loans, but that the new restrictions have 'exacerbated' an already challenging trade.They.
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