Bar chain Revolution weighs up closures over Covid curfew

  The Guardian 

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Firm considers whether to launch company voluntary arrangement * Coronavirus – latest updates * See all our coronavirus coverage Revolution, the city centre bar chain, is considering shutting venues after it was rocked by the latest government-imposed Covid-19 restrictions, including the10pm curfew that began this week . Revolution, which has about 70 bars, said it was weighing up whether to launch a company voluntary arrangement (CVA) – a form of insolvency procedure that struggling businesses can use to shrink rather than risk failure. Continue reading...

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