Earning its crust: Pizza Express hires advisers over £1bn debt

Rumours abound over fate of 54-year-old business as consumer tastes changePizza Express has a mountain of debt: a towering £1.12bn is owed to various lenders, a cash sum equal to 77m of its famous Sloppy Giuseppe beef and pepper pizzas.In recent days rumours have swirled that the 54-year-old business, one of the UK’s biggest casual dining chains, might be about to go the same way as Jamie’s Italian. Continue reading…

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