Buzz Bingo to close 26 halls across UK with loss of up to 573 jobs

Landlords and other creditors to vote on restructuring plan from business hit by lockdownCoronavirus – latest updatesSee all our coronavirus coverageBuzz Bingo has announced plans to permanently close 26 halls in the UK with the potential loss of 573 jobs after its business was hit by the coronavirus pandemic.The company, which formerly traded as Gala Bingo, is to launch a rescue restructure via an insolvency procedure known as a company voluntary arrangement (CVA), which will allow it to exit unwanted properties and cut rents. Continue reading... https://www.theguardian.com/business/2020/jul/15/buzz-bingo-to-close-26-halls-uk-loss-of-up-to-573-jobs-lockdown-coronavirus #business #coronavirus_outbreak #uk_news #travel_&_leisure #job_losses