Posted: Fri May 01, 2009 10:00 pm Post subject: Pizza Hut (N.I.)
Restaurant Management Services, which operates Pizza Hut outlets in Northern Ireland, went into administration. Of the 14 outlets, five are to close immediately with the loss of 130 jobs, and 160 additional jobs are at risk as administrator Moore Stephens tries to find a buyer for five more restaurants.
David McClean, of Moore Stephens, said he had "no option" but to close some of the outlets immediately. He added: "The company's financial situation has been exacerbated by the current economic downturn."
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