US EditionItalian restaurant chain Gusto on brink of administration
UNITED KINGDOM, JUL 29 – A pre-pack administration deal will see most of Gusto's 13 UK sites acquired by Cherry Equity Partners, but around 190 jobs are expected to be lost, reports say.
- Gusto, an Italian restaurant chain with 13 UK sites, officially entered administration on July 29, 2025.
- The collapse followed sustained financial pressure including rising National Insurance and minimum wage costs, affecting many operators this month.
- Interpath Advisory is managing a pre-pack insolvency process, with Cherry Equity Partners likely to acquire most Gusto sites in a deal expected soon.
- Kate Nicholls, UK Hospitality chair, warned this month the sector faces a "jobs bloodbath" amid rising costs and structural challenges.
- The expected takeover could involve some job losses, highlighting ongoing instability within the UK's casual dining industry.
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