Prezzo to close 46 branches across UK including one in Greater Manchester - full list
Italian restaurant chain Prezzo has confirmed that it is to close a number of restaurants after being hit hard by soaring energy and food costs. Among the 46-loss-making branches, one is in Greater Manchester.
The shake-up will leave the hospitality chain with 97 restaurants and about 2,000 staff, with 810 workers at risk of redundancy as part of the overhaul.Staff were informed about the closures on Monday morning, with a consultation process launched. Prezzo said it will work to redeploy “as many staff internally as possible” and will support others in new opportunities.
The restaurant group said costs have leapt over the past year, with its utility bills more than doubling and double-digit wage inflation. Dean Challenger, chief executive of Prezzo, said: “The last three years have been some of the hardest times I have ever seen for the high street and I’m extremely proud of the way our colleagues have retained Prezzo’s position as an appealing, trusted, great value food and drink experience.
Belgique Dernières Nouvelles, Belgique Actualités
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