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CASUAL DINING: Enters Administration, Some 1,900 Jobs Affected

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BBC News reports that Casual Dining Group, the owner of High Street restaurant chains Cafe Rouge and Bella Italia, has gone into administration.

According to BBC, ninety-one Casual Dining Group outlets will close immediately, and 1,900 of the firm’s 6,000 staff will lose their jobs.

Administrators Alix Partners are seeking offers for all, or parts, of the remaining business, BBC discloses.

Casual Dining Group, which also owns the Las Iguanas chain, applied in May to appoint administrators at the High Court as it found it increasingly hard to pay its rents, BBC relates.

On July 2, the firm said it had already received “multiple offers” for the business and hoped to pursue these, BBC recounts.

The restaurants that are closing are mainly located in England, with some in Scotland and Wales, BBC states. One hundred fifty-nine of the group’s 250 outlets will remain open, BBC notes.

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