BusinessRetail

Pizza Hut UK Restructuring Leads to 68 Restaurant Closures Under New Ownership

Pizza Hut’s UK operations undergo major restructuring as parent company Yum! Brands acquires the business through a pre-pack administration. The deal preserves 64 locations and 1,277 jobs while 68 restaurants will close permanently. This marks the second administration process for the UK chain in under a year.

Major Restructuring for Pizza Hut UK Operations

Pizza Hut’s United Kingdom operations are facing significant restructuring after the company behind its British venues entered administration, according to reports. The development will result in the permanent closure of 68 restaurants across the country, sources indicate.

CybersecurityPolicy

UK Government Reportedly Considered Destroying Chinese-Linked Data Center Over Security Concerns

The UK government reportedly considered destroying a London data center with Chinese ownership links over security concerns. According to Bloomberg, ministers proposed the extreme measure after the facility storing sensitive government information was acquired by a China-aligned entity.

UK Security Officials Reportedly Proposed Drastic Measures

The UK government under the former Conservative administration reportedly considered destroying a data center in London after it was acquired by an entity with links to China, according to a Bloomberg investigation. Sources indicate that ministers “briefly proposed a plan to destroy the data center before it was made secure in a different way,” though what exactly “destroy” meant in this context remains unspecified.