City centre burger restaurants under threat in CVA
Two Manchester outlets of burger chain Byron are under threat as it plans to close up to 20 restaurants as part of a financial rescue under a compulsory voluntary arrangement (CVA).
Restaurants at the Corn Exchange and on Deansgate are part of the restructure being carried out by professional services giant KPMG.
The rescue plan also involves cutting rent payments at other outlets.
Byron currently employs about 1,800 staff in 70 restaurants across the UK.
Will Wright, restructuring partner at KPMG and proposed 'supervisor'... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
