Neat Burger to Close All UK Locations, Citing Financial and Operational Challenges
Neat Burger, the vegan restaurant chain co-founded by Sir Lewis Hamilton and Leonardo DiCaprio, has announced the closure of all its UK locations, marking the end of its six-year run in the country, as reported by The Sun. The closures, which will result in the potential loss of approximately 150 jobs, come after a period of financial difficulties for the brand. Financial struggles in the UK The chain, established in 2019, had expanded to several cities, including London, Milan, and New York. Despite receiving positive reviews for its plant-based offerings, Neat Burger faced mounting challenges in recent years. In 2023, the company reported significant financial losses, with figures showing a 140% increase in losses, reaching £7.9 million for the year. At the time, Neat Burger …