540 jobs lost with closure of Cau restaurant chain

Cau in Brindleyplace, Birmingham
More than 500 jobs have been lost at specialist steak restaurant chain Cau after its parent group Gaucho was placed into administration. Accountancy firm Deloitte has been appointed administrator. All 22 Cau restaurants, including Salford's Media City, Didsbury, Wilmslow, and Liverpool, will close in a bid to achieve a successful sale of the Gaucho chain, which has a restaurant on St Mary’s Street, Manchester. Deloitte said Cau was "significantly loss-making" after suffering three consecutive years of falling sales. The ... 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...