Pizza Hut’s UK dine-in franchisee, DC London Pie Ltd, entered administration today with FTI Consulting appointed as administrators. Yum! Brands moved to acquire 64 restaurants in a pre-pack transaction, while reports indicate roughly 68 restaurants could close, with delivery and takeaway operations unaffected.
What changed today
The Times’ markets live blog noted the administration of Pizza Hut’s UK dine-in arm on October 20, 2025. Shortly after, multiple outlets reported that Yum! executed a pre-pack purchase of 64 restaurants, carving them out of the estate.
How many sites could close
Early counts vary. Tabloid reporting points to 68 closures and more than 1,200 redundancies, figures that will crystallize once the administrators’ proposals are published. For now, consider them preliminary.
What customers should expect
The delivery/takeaway business runs separately from the dine-in franchise and is not affected by today’s administration. Dine-in locations included in Yum!’s purchase are expected to keep trading, subject to transition plans set by the buyer and administrators.
How we got here
This is the second insolvency event in a year. In January 2025, Heart With Smart (HWS), the prior dine-in franchisee, was sold out of administration to Directional Capital’s vehicle DC London Pie, preserving about 139–142 sites and roughly 3,000 jobs, according to Sky News and trade publications, as well as Interpath’s administrator note.
Companies House filings show Yum! III (UK) Ltd registered floating-charge security over DC London Pie in mid-January, a sign of close financial linkage that helps explain today’s rapid carve-out.
The road ahead
The administrators will market or wind down remaining sites not covered by the pre-pack. Staff outcomes and the final closure tally will be set out in statutory reports in the coming weeks. Until then, treat closure numbers as provisional and location-specific updates as subject to change.
