I don’t have live access to the latest news right now. Here’s a concise update based on recent reporting I’ve seen:
- Franco Manca’s owner, The Fulham Shore, announced a restructuring plan (a CVA) that would close around 16 restaurants and put roughly 225 jobs at risk, citing cost pressures from UK taxation and other operational pressures. This marks a significant near-term downsizing for the chain.[1][2][4][5]
If you want, I can pull the freshest articles and summarize any developments, including which locations are affected and any statements from the company.
Sources
Latest London news, business, sport, showbiz and entertainment from the London Evening Standard.
www.standard.co.ukFranco Manca is shutting around 16 restaurants and putting 225 jobs at risk as the pizza chain pushes through an emergency restructuring. Parent company The Fulham Shore launched a company voluntary arrangement (CVA) to cut costs, blaming soaring UK taxes and mounting pressures on the hospitality industry. The latest National and International News - upday News
www.upday.comThe popular pizza chain's parent group partly blamed 'disproportionately high' UK taxes for the closures
www.independent.co.ukFulham Shore, which also owns the Real Greek chain, said sales have been ahead of expectations in the current financial year.
hal.newsIt has been reported by the BBC that the owner of Franco Manca and The Real Greek is planning to open up to 150 restaurants across the UK and overseas in the next few years. Restaurant group Fulham Shore said it was trading profitably and expected sales to remain above 2019...
www.retailhumanresources.comFranco Manca owner looking at ‘strategic options’ in tough restaurant market
www.enews.shafaqna.comThe latest franco-manca articles from Business Green - Page 1
www.businessgreen.comFranco Manca is set to close around 16 restaurants as part of a restructuring plan that is expected to put about 225 jobs at risk, as parent company The
www.grocerygazette.co.ukFranco Manca is shutting around 16 restaurants and putting 225 jobs at risk as the pizza chain pushes through an emergency restructuring. Parent company The Fulham Shore launched a company voluntary arrangement (CVA) to cut costs, blaming soaring UK taxes and mounting pressures on the hospitality industry. The latest National and International News - upday News
www.upday.com