Pizza Hut’s UK dine-in business has fallen into administration, forcing the closure of 68 restaurants and placing more than 1,200 jobs at risk, amid rising costs and weak consumer spending.Administrators from FTI Consulting were appointed to DC London Pie Ltd, the company operating Pizza Hut’s dine-in outlets. The move comes as the chain struggles with surging wage bills, high energy prices, and a sharp drop in footfall across the UK’s high streets.
In a partial rescue deal, Pizza Hut’s global parent Yum! Brands has stepped in to acquire 64 of the restaurant sites through a “pre-pack” arrangement—a move that preserves around 1,277 jobs. However, the remaining 68 locations will close permanently in the coming weeks.
The administration affects only the dine-in arm of the business; Pizza Hut’s takeaway and delivery operations remain unaffected and will continue to trade as normal.The collapse underscores the mounting pressure on Britain’s casual dining sector, which has seen several chains shutter outlets in recent years. Inflation, higher taxes, and changing eating habits have hit the traditional sit-down restaurant model hard.
