https://gloucestershiredaily.co.uk/tags/thefulhamshore/Recent content in thefulhamshore on Gloucestershire DailyHugo -- gohugo.ioen-usTue, 05 May 2026 15:10:31 +0000https://gloucestershiredaily.co.uk/popular-pizza-chain-franco-manca-to-close-cheltenham-restaurant-amid-broader-restructuring/Tue, 05 May 2026 15:10:31 +0000https://gloucestershiredaily.co.uk/popular-pizza-chain-franco-manca-to-close-cheltenham-restaurant-amid-broader-restructuring/Franco Manca, a well-known pizza chain, has announced the closure of 16 of its restaurants across the UK, including its popular Cheltenham location. The decision comes as part of a company voluntary arrangement (CVA) approved by more than 90% of its creditors, following financial difficulties exacerbated by high UK taxes and insufficient business rates relief for the hospitality sector. The closures are part of a larger restructuring plan initiated by Franco Manca’s parent company, The Fulham Shore, which aims to stabilize the business after challenging conditions.