Legal

Pret has pledged to make meaningful changes following the tragedy.

60% of its outlets are open now compared to 30% at the end of March.

The business has ‘shown itself to be extraordinarily well positioned’ throughout the pandemic, it said.

The sites employ more than 1,600 people.

The FRC said Grant Thornton had "missed red flags" and failed to "question information provided by management". 

The Snowfox Group will present detailed financial information to City analysts.

RCP chairperson Luke Johnson will retain a shareholding, understood to be around 15%.

It reported a 27.7% jump in underlying profit before tax during the results.

But sales in London West End restaurants, however, are still below pre-pandemic levels.

It wants to open 10 new restaurants in this financial year in the UK.

The transaction is expected to complete by the end of August 2021.

The restaurants were up for sale in May.

The first Pho restaurant opened in 2005 in Clerkenwell and has since expanded to 30 restaurants and three delivery-only kitchens.

Cat Rock Capital urged the food delivery company to explore “strategic options.”

The chain operates about 530 sites in the UK.

Organisations also welcomed the report’s latest recommendations.