Business & Legislation

YO! CVA approved 19 restaurant closures Japanese sushi group

YO! CVA approved

By James McAllister

YO! has confirmed it is to permanently shutter 19 sites after its Company Voluntary Arrangement (CVA) proposal was approved yesterday (1 September) by creditors.

Wahaca to close 10 restaurant sites as it considers CVA

Wahaca to close 10 sites as it considers CVA

By James McAllister

Wahaca is to permanently close more than a third of its estate and is considering a Company Voluntary Arrangement (CVA), as it works to secure its future.

Wasabi launches CVA proposal

Wasabi launches CVA proposal

By James McAllister

London-centric sushi and bento brand Wasabi has announced the launch of a Company Voluntary Arrangement (CVA) proposal to help protect the business against the 'profound impact' of the Coronavirus pandemic.

Greene King posts £273m losses

Greene King posts £273m losses

By Finn Scott-Delany

Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 with its pub business worst hit by the Coronavirus.

Aberdeen lockdown extended for a third week

Aberdeen lockdown extended for a third week

By James McAllister

Hospitality venues in Aberdeen, Scotland, will have to remain closed for a third week, after Nicola Sturgeon announced another extension to the city's local Coronavirus lockdown.

The Coconut Tree to extend Eat Out to Help Out discount into autumn

The Coconut Tree to extend Eat Out to Help Out discount into autumn

By Restaurant

Sri Lankan restaurant group The Coconut Tree says it will continue to mirror the Government’s Eat Out to Help Out (EOHO) discount into the autumn in a bid to retain the momentum of the rise in bookings early in the week the scheme has led to.

YO! eyes 19 closures as it launches CVA sushi Coronavirus

YO! eyes 19 closures as it launches CVA

By James McAllister

YO! has set out a Company Voluntary Arrangement (CVA) proposal that will see 19 of its sites closed, with a loss of up to 250 jobs.

GBK exploring 'all options' for long-term sustainability Coronavirus

GBK exploring 'all options' for long-term sustainability

By Georgia Cronin

Gourmet Burger Kitchen's parent company Famous Brands has said it is continuing to explore “all options” to ensure the long-term sustainability of the brand in the wake of the Coronavirus crisis.

Chiktopia relaunches with dark kitchen after liquidation

Chiktopia relaunches after liquidation

By Finn Scott-Delany and James McAllister

'Better chicken’ restaurant concept Chiktopia has relaunched as a dark kitchen, after the original business went into liquidation earlier this year.

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