6,000 jobs at risk at Cafe Rouge & Bella Italia. Branches in Greenwich and Bexleyheath to close?
New tonight reveals that up to 6,000 jobs are at risk at restaurant chains Cafe Rouge, Bella Italia and Las Iguanas.
Cafe Rouge has two branches in Greenwich (the o2 and Greenwich town centre) plus one in Blackheath. Bella Italia has branches in Bexleyheath, with Las Iguanas also having a restaurant in the o2.
The overall owner of all brands is Casual Dining Group who now have 10 days to seek a restructure. Some job losses look likely even if they succeed in reducing rents with landlords.
Many shopping centre owners are also in trouble as business failed to pay rent in recent months. Intu are one such company that are heavily in debt to the tune of £4.5 billion.
Problems were mounting even before the current situation saw reduced rents.