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Pizza Hut UK entered administration, threatening 68 locations and 741 jobs, but 64 sites were saved via a Yum! Brands pre-pack deal.
Pizza Hut’s UK dine-in restaurants have entered administration, threatening 68 locations and about 741 jobs, following a winding-up petition by HMRC. Yum! Brands secured a pre-pack deal to save 64 sites, transferring around 2,259 employees to a new Yum! equity business. Takeaway operations remain unaffected. The move follows a similar 2024 rescue, highlighting ongoing financial struggles in the UK hospitality sector due to declining spending, competition, and rising labor costs.
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