In a major blow to the UK’s casual dining scene, Pizza Hut has once again fallen into administration — for the second time in just ten months. This time, the collapse has left dozens of restaurants shuttered and hundreds of jobs at risk.DC London Pie Limited, the company behind Pizza Hut’s dine-in operations, has appointed administrators from FTI Consulting after weeks of financial turmoil. Yum! Brands — the American parent company of Pizza Hut — quickly stepped in with a rescue deal to acquire 64 restaurants. This move will save over 1,200 jobs, but 68 restaurants and 11 delivery outlets are set to close, putting as many as 1,200 workers out of employment.The 67-year-old chain has been battling rising costs, falling consumer demand, and mounting tax pressures. Revenue fell sharply from pre-pandemic highs, and a winding-up petition from HMRC reportedly triggered this latest collapse.This marks the second rescue in less than a year, following a previous £10 million buyout that had saved 139 restaurants back in January. Despite survival efforts, the UK hospitality industry continues to feel the strain of inflation, high energy costs, and payroll increases — all of which are squeezing mid-tier restaurant chains.Pizza Hut’s delivery network, run by separate franchisees, remains unaffected. But for many staff and customers, this announcement feels like déjà vu — another casualty of Britain’s tough dining economy.For more authentic and incredible stories, keep watching The Mix Post.
