The Real Greek will be keeping a total of 19 locations open (out of a possible 28), after Japanese restaurant group Toridoll, the owner of The Real Greek’s previous parent company, Fulham Shore, was placed into administration.

Cote owner Karali Group confirmed on Friday (May 1) that it had struck a rescue deal for the business.

Although more than 100 jobs will be lost, the new owner said it will secure the future of 358 workers.

Industry publication Propel reported that The Real Greek’s central kitchen will also be closed.

The restaurant chain’s website shares: “At The Real Greek, we believe food is more than what’s on the plate, it’s a feeling.

“Rooted in the flavours of the Eastern Mediterranean, our menu celebrates the dishes you’ll find in homes and tavernas across Greece.

“From flame-grilled souvlaki and traditional meze to fresh salads, warm flatbread and time-honoured recipes, everything we serve is designed to be shared.

“Simple ingredients. Bold flavours. Honest cooking.”

It adds: “But what truly defines us is filoxenia, the Greek philosophy of heartfelt hospitality.

“It’s about generosity, warmth and making every guest feel welcome, like they’ve stepped into someone’s home rather than just a restaurant.

“We bring people together over dishes that take you to Greece.

“Whether you’re gathering for a celebration, a casual catch-up or a spontaneous midweek meal, our aim is always the same: to create moments worth sharing.”

Which Real Greek restaurants are closing in the UK?

The Real Greek restaurants closing across the country, according to the BBC, are as follows:

• Spitalfields, London
• Westfield, London
• Dulwich Village
• Bristol
• Strand, London
• Solihull
• Gloucester Quays
• Glasgow
• Edinburgh

Full list of The Real Greek locations remaining open after rescue deal

However, these are The Real Greek sites that will stay open:

• Bankside, London
• Bluewater
• Bournemouth
• Bracknell
• Braintree
• Covent Garden, London
• Liverpool
• Manchester – Corn Exchange
• Manchester – Trafford Centre
• Marylebone, London
• Norwich
• Sheffield Meadowhall
• Soho, London
• Southampton
• St Martin’s Lane, London
• St Paul’s, London
• Tower Bridge, London
• Westfield, Stratford City
• Windsor

Last month, Fulham Shore said it was reviewing future options for the Greek restaurant chain.

It announced the review as it launched a company voluntary arrangement (CVA) restructuring process for sister restaurant brand Franco Manca, which will see it shut 16 venues with the loss of 225 jobs.

What happens when a company goes into administration?

Marcel Khan, chief executive of Fulham Shore, said: “The transaction will ensure that the business is placed on a more sustainable footing for the future, while allowing The Fulham Shore to focus its energy and investment behind Franco Manca and its significant growth potential.

“We’re pleased to be handing it over to Karali with real momentum.

“We will now do everything we can to support colleagues affected by this process and believe that both the brand and its teams will be in very good hands as the business moves into its next chapter.”

Toridoll said earlier on Friday that The Real Greek had suffered more due to current poor trading conditions.

It said: “In recent years, high levels of inflation in the UK, driven by rising energy and food prices together with increase in labour costs resulting from rises in the minimum wage, have created a more challenging operating environment for the hospitality industry than initially anticipated.”

Toridoll added: “The deterioration in the economic environment has had a more significant impact on the Greek restaurant brand The Real Greek than on the Franco Manca business.”

Fulham Shore was bought by Toridoll, with backing from investment firm Capdesia, in 2023 for £93.4 million.

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Paul Berkovi, managing director at administrators Alvarez & Marsal, said: “We have worked closely with The Real Greek’s management team and are pleased to have completed a transaction that secures a future for a restaurant group enjoyed by diners over many years.

“Our immediate focus as administrators will be to provide a smooth transition for the business and to support employees affected by site closures.

“We are grateful to all stakeholders for their constructive engagement throughout this process.”

Newsquest has contacted The Real Greek for comment.

Nationwide Building Society has once again come out on top as the UK’s most switched-to current account provider, with its £100 “Fairer Share” payment playing a key role in attracting customers.

The building society has handed out the bonus for three years running — and says it hopes to do so again.

£100 payments year after year

Unlike traditional banks, Nationwide says it can return more money to customers because it has no shareholders.

Tom Riley from Nationwide Building Society said: “Because we don’t have shareholders, we can give more back to our members.”

He added: “That’s why we’ve paid our £100 Fairer Share to eligible members for the last three years and hope to do so again this year.”

Switching boom as customers hunt value

New figures show bank switching is surging, with more than 319,000 switches in the first three months of 2026 – up 43% on the same period last year.

The data from Current Account Switch Service highlights a growing trend of customers moving accounts in search of better deals, perks and savings.

Nationwide led the way with over 64,000 net gains, far ahead of rivals.

Big banks losing customers

While Nationwide gained, several major banks saw significant losses:

• Halifax lost over 25,000 customers
• HSBC saw losses of more than 20,000
• Santander UK dropped nearly 24,000

Meanwhile, Barclays and Lloyds Bank were the next strongest performers behind Nationwide.

Why more people are switching

Experts say the cost-of-living squeeze is pushing more people to rethink their banking.

Rachel Springall from Moneyfacts said: “It is incredibly positive to see more consumers vote with their feet and ditch their current account.”

She added: “Consumers may struggle with the cost of living and need to quickly find ways to make their money go further, so switching a current account could be a wise move.”

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Is switching really that easy?

Despite concerns, the process is designed to be simple.

The switching service automatically moves payments and guarantees customers will not lose money if anything goes wrong.

In fact, around 90% of users say they are satisfied with the process.

Quiz Clothing, which was established in Glasgow and has its head office in the city, has been managed by administrators Interpath since February.

The firm’s 40 UK stores, including 11 in Scotland, remain open but concerns over closures have been raised if a rescue deal cannot be agreed.

(Image: PA)

At the point of administration in February, 109 redundancies were made across Quiz’s Glasgow head office and its distribution centre in Bellshill.

The retail firm, which has been trading for 33 years, employs 565 staff across its UK stores and seven concessions in Ireland.

Interpath was appointed administrator to three companies collectively trading as Quiz Clothing: Orion Retail Limited, Tarak International Limited and Zandra Systems Limited.

Administrators’ reports reveal the scale of the debt across the group.

For Orion Retail Limited, sums owed to connected parties of £15.4 million and trade creditors of £6.1 million outweighed debtors of £13.5 million and stock of £6.7 million at December.

For Tarak International Limited, which operated the group’s website and overseas concessions, debtors of £11.1 million and stock of £1.4 million were outweighed by sums owed to connected parties of £9.5 million and trade creditors of £3.7 million.

A third entity, Zandra Systems Limited, has no employees and exists solely to hold an IT records contract.

The Zandra report stated: “To the extent the company has required to meet any fees and costs, we understand that, latterly, these would have been funded via loans provided by the company’s sole secured creditor, Zesta Ventures Limited.

“We understand Zesta Ventures Limited is owed approximately £6m by the group, albeit, we have yet to receive details of its indebtedness at appointment.”

No rescue deal has yet been struck, with administrators confirming no offers have been received for the business on a going concern basis.

The administrators said in their March 16 report: “We presently anticipate the administration trading period could last until mid-May 2026.

“Albeit, and with support from Hilco, trading performance is being monitored on a daily basis and paring back of operations will be implemented as it is considered necessary over the coming weeks.

“During the period immediately following our appointment, with news of the appointment having received local and national media coverage, we liaised with several parties who had expressed an interest in the company’s business and assets.

“To date, no offers have been received for the company’s business on a going concern basis.”