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2020-07-16 16:05:34| Guardian Unlimited Business - more business news

Insolvency move linked to competition and coronavirus adding to 1.1bn debts in 2018Coronavirus latest updatesSee all our coronavirus coveragePizza Express is set to close up to 75 of its restaurants as part of a rescue plan which could put more than 1,000 jobs at risk.The restaurant chain is lining up a company voluntary arrangement (CVA) an insolvency process which allows it to exit stores and cut rents linked to talks with bondholders over its heavy debt burden. Continue reading...

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