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Pizza Hut could close 68 of its UK restaurants after the dine-in part of its business collapsed into administration.
As many as 741 jobs could also be made redundant. FTI Consulting has today been appointed as administrators by DC London Pie Limited, a franchisee of Pizza Hut dine-in restaurants.
Yum! Brands, the global owner of Pizza Hut, has agreed to save 64 dine-in restaurants as part of a pre-pack administration. A pre-pack administration is where the sale of a business or its assets is agreed before the administration process begins.
Pizza Hut takeaway branches are unaffected by the announcement today.
A spokesperson for the pizza chain told The Sun: “Today we announce the acquisition of the Pizza Hut dine-in operations through a pre-packaged administration, after FTI was announced today as administrators of DC London Pie Limited, a franchisee of Pizza Hut dine-in restaurants.
“We are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs. Approximately 2,259 team members will transfer to the new Yum! equity business, including above-restaurant leaders and support teams.”
Directional Capital took over Pizza Hut’s UK restaurants in January 2025 after its previous operator Heart with Smart Limited collapsed with debts of almost £40million.
DC London Pie was created by Directional Capital to run Pizza Hut restaurants in the UK.
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