New photo Pizza Express could be the next casualty of the High Street crisis as it owes £1 BILLION in debt

The high street is poised for another blow following fears for the health of Pizza Express.

Questions are being raised by industry sources about the ability of the restaurant chain to repay its debt. The company, owned by the Chinese private equity firm Hony Capital, is due to repay around £650million over the next three years.

But its total debt stands at more than £1billion, according to the group's 2017 annual report.

Pizza Express faced interest costs of nearly £90million alone in 2017, when it made a £28.7million loss before tax. 

The high street is poised for another blow following fears for the health of Pizza Express (file photo)

A number of restaurant chains including Byron Hamburgers, Prezzo and Jamie's Italian were all forced to resort to rent restructurings known as company voluntary arrangements last year.

It came as figures show the number of shop visitors in December fell by 2.6 per cent in a year amid a rise in internet sales. 

Shopping centres were the worst hit, with a 3.9 per cent drop despite the Christmas sales, according to data from the British Retail Consortium and market analysts Springboard.

Diane Wehrle, of Springboard, said the decline showed retailers can no longer rely on Christmas trading to redeem revenue lost earlier in the year. Pizza Express declined to comment.

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News Pictures Pizza Express could be the next casualty of the High Street crisis as it owes £1 BILLION in debt

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TEENS
Hayden Panettiere
Size: 8
Age: 18
Height: 5ft 1in
Weight: 8st

To achieve her kick-ass figure, Hayden – who plays cheerleader Claire Bennet in Heroes – follows the ‘quartering’ rule. She eats only a quarter of the food on her plate, then waits 20 minutes before deciding whether she needs to eat again.

Hayden says: “I don’t have a model’s body, but I’m not one of those crazy girls who thinks that they’re fat. I’m OK with what I have.”

Nicollette says: “I don’t like diets – I see it, I eat it! I believe in eating healthily with lots of protein, vegetables and carbs to give you energy.”

kim cattrall

Size: 10-12
Age: 52
Height: 5ft 8in
Weight: 9st 4lb

SATC star Kim swears by gym sessions with Russian kettle bells (traditional cast-iron weights) and the South Beach Diet to give her the body she wants. To avoid overeating, Kim has a radical diet trick – squirting lemon juice on her leftovers – so she won’t carry on picking.

Kim says: “I am no super-thin Hollywood actress. I am built for men who like women to look like women.”
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