London sandwich, soups and salad chain, Birley Sandwiches is reportedly on the brink of collapse after it revealed plans to file for administration, according to The Telegraph.
The City-focused firm, which operates from 10 outlets, had been trading well prior to the pandemic and was profitable. However, the shift to home working during the pandemic and harsh restrictions imposed on the hospitality sector have hit sales.
These circumstances has forced Birley Sandwiches to make 75% of its 220-strong workforce redundant.
Owner Robin Birley, who also owns Mayfair private member’s club 5 Hertford Street, said, “I have been self-funding its losses since the restrictions imposed by the government in March, but the continuing series of lockdowns and ever tighter restrictions means I cannot justify continuing down that route.
'When businesses as long-standing and robust as Birley Sandwiches’ futures are in jeopardy, it says something extremely meaningful as to the ultimate long-term economic impact this government’s response to coronavirus is going to wreak on our country.”