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Byron Burger to cut 650 jobs

Restaurant chain Byron Burger is closing permanently more than half its 51 outlets and cutting 650 jobs.
It is part of a deal that will see the remaining 20 sites and 551 staff transfer to a new owner, Calverton UK.
Many of the restaurants were already closed, victims of the economic impact on the hospitality sector of coronavirus.
Will Wright, an administrator at KPMG who sold the chain, said the pandemic's impact "on Byron has been profound".
He added: "After exploring a number of options to safeguard the future of the business and following a competitive sales process, this transaction ensures Byron will continue to have a presence on our high streets."
It was believed that KPMG was in talks with three potential buyers, which were were looking at taking over the whole firm or parts of it.


https://www.bbc.co.uk/news/business-53609095
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