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A major fast food chain is set to shut UK restaurants after collapsing into administration - owing nearly £1.7m . The fast food restaurant has accumulated close to £2million in debt.

‘Fine fast food’ chain Yolk has shuttered three of its sites in the capital city, London, after collapsing into administration. Locations on the Strand, New Oxford Street and High Holborn have all shuttered.

It comes after the chain underwent a company voluntary arrangement (CVA). The restaurant has managed to rack up around £1.7million in debt, according to documents filed to Companies House.

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Yolk currently owes British Gas £26,576 as well as £75,787 to Westminster council, the Sun newspaper has reported.

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