Celebrity chef Jamie Oliver is to open more restaurants abroad, six months after he was forced to close most of his UK operations.
And separately, ratings agency Moody's has downgraded restaurant chain Pizza Express from a Caa1 rating to a Caa3 rating.
What's going on?
“Restaurants are suffering from the same high rents, business rates, staff costs and other pressures that have weighed on the high street," Maike Currie, investment director at Fidelity International told BBC Radio 5 Live's Wake Up to Money programme.
"But we've also seen in this space private equity really wade into the dining space, and they fueled expansion...and that led to an over-saturated market at a time when people are actually staying at home, ordering by Deliveroo, Uber Eats or Just Eat, preferring to dine at home, and that's put a lot of pressure on restaurants.
"Not just Jamie Oliver's brand, companies like Byron's Burgers which was usually popular, Giraffe, a whole spate of those have closed."