13 famous London pubs could close as their owner goes into administration

The Antic Hospitality Group, which runs a bunch of pubs across east and south London, has gone into administration. The company can no longer deal with its debts, meaning it either has to sell off its assets, pay everyone off, or liquidate the business.

This isn't the first time Antic has run into trouble. A subsidiary group called Antic Limited went into administration in 2013 because of tax-related issues. All 13 pubs at risk then ended up being bought in less than a month. There's hope then, that the 13 pubs at risk now will be snapped up and continue to operate.

Read at Time Out London