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Giraffe and Ed's Easy Diner site closures agreed

Plans to close 27 Giraffe and Ed's Easy Diner restaurants have been approved by creditors, putting hundreds of jobs at risk.
The brands will enter a company voluntary arrangement (CVA) and close almost a third of their 87 restaurants.
The business, owned by Boparan Restaurant Group (BRG), first put forward the plan earlier this month.
BRG said sales had improved since the chains were acquired in 2016, but several sites remained unprofitable.
The deal will also give the chains rent reductions at 13 sites.
Will Wright, restructuring partner at KPMG and joint supervisor of the CVA, said: "This is a critical step forward for the business, allowing Giraffe Concepts to complete its financial restructuring plan and embark on a comprehensive operational transformation programme."

https://www.bbc.co.uk/news/business-47657433
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