Bristol Pizza Hut restaurants to close amid insolvency

Pizza Hut restaurants at Bristol and Cribbs Causeway will shut. The company will also shut 11 delivery sites as part of a restructuring, which will put 1,210 workers at risk of redundancy. DC London Pie, the firm running Pizza Hut’s UK dine-in restaurants under a franchise deal, appointed administrators from corporate finance firm FTI on Monday, October 20.…

The biggest game changer for corporate accountants in the year ahead

While AI may arguably be the most significant change in the accounting world, the continual increase in corporate insolvency is where accountants should focus their attention, writes Trevor Withane. Corporate insolvency on the rise Australian corporate insolvency appointments have almost tripled since the 2021–2022 financial year, with the highest numbers occurring in NSW. The hardest-hit…