Coronavirus set to claim a series of corporate victims as Brighthouse and Carluccio’s near collapse
The coronavirus is set to claim a series of corporate victims this week as Brighthouse and Carluccio’s near collapse.
Rent-to-own firm Brighthouse will appoint administrators today after the lockdown tipped it over the edge.
And Italian-style restaurant chain Carluccio’s is working with administrators FRP to ‘consider all options’ in a move which could threaten more than 2,000 jobs.
On the brink: Rent-to-own firm Brighthouse will appoint administrators after the lockdown tipped it over the edge
Carluccio’s chief executive Mark Jones said that his company is ‘days away from large-scale closures’ without state aid, while a group of 38 MPs have written to Chancellor Rishi Sunak urging him to step in with an aid package to support the aviation sector as travel bans have decimated bookings.
Research from accountancy firm UHY Hacker Young has revealed that the number of restaurant insolvencies last year climbed 10 per cent to 1,500, while the number of pubs which went bust also increased by 10 per cent, to 500.