Burger King in talks to close number of UK branches after boss warns of 1,600 job cuts - News Summed Up

Burger King in talks to close number of UK branches after boss warns of 1,600 job cuts


Sources told Sky News the firm is considering a company voluntary arrangement (CVA) or, more likely, a pre-pack administration deal. Burger King's main franchisee in the UK is the private equity firm Bridgepoint, the former owner of Pret A Manger. (Image: Getty Images)It owns around 118 of Burger King's 530 UK outlets, which it acquired in 2017. However, while closures are expected, the wider chain is understood to want to open at least 30 new drive-thru sites in the next 12 months. "I don't think you can ever get over the top of this problem," he added, speaking about Burger King's lockdown recovery plan.


Source: Daily Mirror October 01, 2020 06:55 UTC



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