Cineworld at Aspects in Bedford has been named as one of the six cinemas across the UK that is set to close.
Earlier this week, it was reported some of the one hundred Cineworld cinemas across the UK will close, they’ve now announced six earmarked for closure and Bedford is amongst them.
They are:
- Bedford
- Glasgow Parkhead
- Hinckley
- Loughborough
- Swindon Circus
- Yate
It’s believed a consultation period will take place, with Cineworld offering redeployment to as many employees as possible.
A Cineworld spokesperson said earlier this week: “We are implementing a restructuring plan that will provide our company with a strong platform to return our business to profitability, attract further investment from the Group, and ensure a sustainable long-term future for Cineworld in the UK.”
If approved Cineworld’s restructuring plan is set to go into effect in September.
In the meantime, the company says that while the process is ongoing, all Cineworld cinemas in the UK will continue to operate as normal.
The total number of locations impacted by the restructuring plan also won’t be known until the process is fully completed.
In September 2022, Cineworld filed for bankruptcy protection in the US as it looked for support to pay off nearly $9 billion of debt and leases accumulated as part of an acquisition spree, according to Bloomberg UK.
Cineworld Group plc was later placed into Administration in the UK on 31 July 2023, and then in November 2023 Cineworld sites in Runcorn and Bristol closed.
In a statement to media, a spokesperson for Cineworld said that earlier reports that 25 cinemas would be closing were incorrect. They have not confirmed if there will be further closures.
This is a breaking news story and will be updated as more information becomes available.
