The Real Greek restaurant chain on brink of collapse

The restaurant chain The Real Greek, which has 28 outlets across the UK, could be set to close, after the company that owns it said cost pressures had made the business unsustainable.

"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 said, announcing the decision.

However, it is thought that Karali Group, which owns the Cote Brasserie chain, may be interested in buying some of the restaurants.