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The Latest Breaking News from CVA

Franco Manca confirms restaurant closures in major restructuring plan

Parent firm The Fulham Shore said it planned to shut the sites as part of a company voluntary arrangement (CVA) process

The Independent UK

Franco Manca announces NINE London pizza restaurants to shut - check the full list of closures

Pizzeria chain shutting large number of its restaurants - see if your local one is affected

Evening Standard

Franco Manca confirms 16 restaurant closures after restructuring approved

Last month, parent firm The Fulham Shore said it planned to shut the sites as part of a company voluntary arrangement (CVA) process.

Evening Standard

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Franco Manca to shut 16 restaurants in restructuring with 225 jobs at risk

Parent group The Fulham Shore partly blamed ‘disproportionately high’ UK taxes as it said a minority of its sites were ‘no longer sustainable’.

Evening Standard

Pizza chain Franco Manca to shut 16 restaurants with hundreds of jobs at risk

The Independent UK

Top Senate Republican Quietly Promises Trump That Pete Hesgeth Has Votes to Win Nomination

Senate Majority Leader John Thune reassured the president-elect about Hegseth's chances of becoming Defense Secretary

Latin Times

Pete Hegseth's Confirmation Still In Doubt As Senate Panel Seeks Additional Information On Damning Allegations

The inquiries, conducted in early December, follow allegations of sexual assault and financial mismanagement, allegations Hegseth denies.

Latin Times

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Sen. Blumenthal Seeks Financial Records From Veterans Groups Run By Pete Hegseth After Mismanagement Allegations

The Democrat is calling on the Senate Armed Services Committee to demand two groups "preserve and produce" the records, including credit card transactions

Latin Times

Trump’s nominee for secretary of defense should alarm all of us

Pete Hegseth, who has been accused of drunken, irresponsible and predatory behavior, would be in charge of the world’s most powerful military

The Guardian - US

Pete Hegseth’s alleged drinking worried colleagues at Fox News, claims report

Donald Trump’s nomination for Defense Secretary would complain about being hungover and acted like ‘the rules didn’t apply to him,’ according to the accounts of 10 current and former Fox employees

The Independent UK

Pete Hegseth accused of chanting ‘kill all Muslims’ on a drunken night out

Besides Hegseth drunkenly yelling the hateful Islamophobic chant, a whistelblower report alleged that he had to be stopped from storming a dancers’ stage at a Louisiana strip club.

The Independent UK

Hegseth coworkers say he was often drunk

Trump's pick for defense secretary would regularly drink to excess at work events, according to a new report

Salon

Pete Hegseth forced out of non-profit leadership roles for misconduct – report

Whistleblower report accuses Trump Pentagon pick of financial mismanagement, intoxication and sexist behavior

The Guardian - US

Exclusive: Poundstretcher owner Aziz Tayub wants to float chain this year – despite parting ways with latest CEO

Announcement comes despite Poundstretcher parting ways with CEO Derek Lawlor after less than a year

Birmingham Post

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Nottingham Post

‘UK Disneyland’ dream under threat as company calls in administrators

£3.5bn project hangs in the balance amid debt build up

Birmingham Post

Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound

Discount chain said the biggest single creditor was HMRC followed by around 250 of its shop landlords

Birmingham Post

Poundstretcher owner Aziz Tayub on keeping price rises down while turning losses into £45m profits

'We would be happy for that level of profit to continue and are confident that’s what will happen'

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