Pizza Hut’s UK restaurant operator has gone into administration, leading to the closure of 68 branches across the country — from Finchley Lido in London to Carlisle and Rhyl — along with 11 delivery-only sites. The move puts around 1,210 jobs at risk.
The company, DC London Pie, which ran Pizza Hut’s UK dine-in operations under a franchise agreement, appointed administrators from FTI Consulting on Monday.
In a pre-pack administration deal, US parent company Yum! Brands — which also owns KFC and Taco Bell — has stepped in to purchase and directly manage 64 remaining sites, safeguarding 1,276 jobs.
Matt Callaghan of FTI said the deal “provides a stable platform for one of the UK’s best-known dine-in brands” and ensures the continuation of dozens of restaurants, while pledging support for employees affected by redundancies.
