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Re: House of Fraser in trouble...
Pizza Express the next to collapse...
https://www.dailymail.co.uk/news/art...disappear.html
https://www.bloomberg.com/news/artic...with-creditors
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High Street food chain Pizza Express is at risk of being the next eatery in the UK to collapse after the firm hired advisors ahead of talks with creditors.
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Quote:
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Langton Capital Limited tweeted out the update following the announcement on October 4, that the company had hired advisors.
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Langton had previously sent out a report to clients which highlighted the amount of debt the firm was in, and how each restaurant was accumulating £1.6 million of debt.
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“The only lesson you can learn from history is that it repeats itself”
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