Revolution bars owner closes 21 sites after falling into administration

Revolution Bars said the late-night hospitality industry is facing ‘very challenging’ times as it swung to a yearly loss and revealed a drop in sales (Revolution Bars/PA) -

Revolution bars owner The Revel Collective has closed 21 venues with the loss of 591 jobs after appointing administrators, who have announced a sale securing other parts of the business.

FTI Consulting have been brought in as administrators for the pub and bar operator which said it has struggled against rising costs and weaker consumer spending, particularly among its younger clientele.