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Dozens of Pizza Hut restaurants in Britain are going to be closed, putting hundreds of jobs at risk. Because the business of its dine-in restaurant has come under administrative control. Pizza Hut's UK restaurant business says it will close 68 restaurants after going into administration.

According to the information, Pizza Hut is going to close 68 restaurants and 11 delivery sites in Britain, which will result in the loss of 1,210 jobs, because the company running them has come under administration. DC London Pie Ltd, which operates Pizza Hut's UK-based restaurants, on Monday (20 October) appointed FTI Consulting as administrators. Pizza Hut UK has announced the acquisition of Pizza Hut dine-in operations under a pre-arranged administration.

Consensus on saving 64 restaurants

Although Pizza Hut's global owner Yum! The brands have agreed to save 64 restaurants, which will protect 1,276 jobs. A new rescue deal will save 64 restaurants and secure the future of 1,277 employees. A statement said, 'We are pleased to continue the closure of 64 sites to improve the experience of our guests and protect the jobs associated with them. Approximately 1,277 team members are employed under UK TUPE legislation under the new Yum! Equity will be transferred to the business, including restaurant leaders and support teams.

Pizza Hut is famous

Famous for its family-friendly Pizza Hut meals and salad bar, its UK business is struggling and went into administration less than a year ago. DC London Pie brought Pizza Hut UK restaurants out of bankruptcy in January this year. The company also owns Pizza Hut franchises in Sweden and Denmark.

A spokesperson of Pizza Hut UK said this

A spokesperson for Pizza Hut UK said: 'We are pleased to ensure the continuity of 64 sites to improve the experience of our guests and protect the jobs associated with it.' Nicolas Berkier, managing director of Pizza Hut Europe and Canada, said, 'The purpose of this targeted acquisition is to improve the experience of our guests and protect jobs as far as possible'. He said Pizza Hut's immediate priority is operational continuity at the acquired locations and support of associates during the transition.

More than 740 jobs are in danger

More than 740 jobs are said to be at risk because more than 75 dine-in restaurants were not part of the last-minute rescue deal. The applicant behind today's filing, Yum! III (UK) Ltd., US food outlet operator Yum! Brands, Inc. Ltd., which is in charge of this business.

Administration is a legal process in which the directors appoint an administrator to take control of the company and all its assets so that it can be saved. They have the authority to issue layoffs, but if it is not possible to save the business, they will attempt to return the money to creditors.