Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches

Restructuring process would shut some of company’s 67 restaurants in bid to shore up financial positionTrouble burger restaurant chain Byron has announced a financial rescue plan that could close up to 20 shops a decade after it first opened its doors.The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants. Continue reading...