Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes

City AM — Apr 15, 12:29 PM

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Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul.

The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs.

The move https://www.cityam.com/franco-manca-shuts-16-restaurants-blaming-disproportionate-taxes/">[...]

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Franco Manca shuts 16 restaurants

Franco Manca set to close 16 restaurants placing more than 200 jobs at risk Mirror — Apr 15, 12:01 PM
Pizza chain Franco Manca to shut 16 restaurants with hundreds of jobs at risk The Independent — Apr 15, 11:44 AM
Franco Manca to shut 16 restaurants in restructuring with 225 jobs at risk LBC — Apr 15, 11:14 AM
Franco Manca to shut 16 restaurants in restructuring with 225 jobs at risk The Independent — Apr 15, 11:08 AM
Franco Manca to shut 16 restaurants in restructuring with 225 jobs at risk The Standard — Apr 15, 11:08 AM