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Franco Manca set to close 16 restaurants placing more than 200 jobs at risk

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Mirror
2026/04/15 - 12:01 502 مشاهدة
Franco Manca set to close 16 restaurants placing more than 200 jobs at riskRestaurant chain Franco Manca is set to shut around 16 restaurants as part of a restructuring which will hit around 225 jobs with the parent company blaming taxesCommentsNewsTim Hanlon News Reporter13:01, 15 Apr 2026Updated 13:12, 15 Apr 2026View ImageJobs are at risk with restaurants closing(Image: christopher megrath)More than 200 jobs are at risk after Franco Manca says it is set to shut around 16 restaurants as part of a restructuring.‌Parent group The Fulham Shore, which also runs The Real Greek chain, partly blamed “disproportionately high” UK taxes and a lack of business rates relief for restaurants as it said a minority of its sites were “no longer sustainable”.‌The company has not disclosed which of Franco Manca’s roughly 70 restaurants will be impacted. Fulham Shore boss Marcel Khan confirmed that it will launch a company voluntary arrangement (CVA) restructuring process for the Franco Manca business.‌READ MORE: Trump Iran live: US 'sends 10,000 extra troops to Middle East' to put pressure for dealREAD MORE: Trump gushes over King Charles ahead of visit as he blasts Starmer's 'tragic mistakes'It comes two months after bosses hired advisers to look at strategic options including a potential sale or a restructure. It is understood that Fulham Shore is continuing to review future options for the 28-strong Real Greek chain.Fulham Shore was bought by Japanese restaurant group Toridoll, with backing from investment firm Capdesia, in 2023 for £93.4 million.Mr Khan, chief executive of Fulham Shore, said that that restaurants are facing "significant increases in national insurance and the national living wage". While at the same time claiming there was a lack of business rates relief.‌He stated: “Even restaurant businesses that are doing all the right things from a customer and operational perspective are not immune to widely publicised pressures impacting...
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