These are the harshest of times for the casual dining industry. Much like it is
elsewhere on the beleaguered high-street, it seems that every week brings
headlines of another restaurant business becoming insolvent or making
mass closures. The past few months alone have seen established names
such as Prezzo, Byron, Gaucho, Jamie’s Italian, Côte Brasserie and Strada
close numerous outlets. Meanwhile, Carluccio’s is undergoing an insolvency
process (a Company Voluntary Arrangement) to try to rescue itself.