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More than 500 Gaucho workers lose jobs as restaurant group folds

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Cau will close immediately while 16 Gaucho outlets will still trade as a buyer is sought

More than 500 restaurant workers have lost their jobs after the Gaucho restaurant group called in administrators.

Accountants from Deloitte have been appointed joint administrators at the owner of the Gaucho and Cau chains. Deloitte said that Cau, which has 22 outlets in the UK and employs 540 people, will be closing immediately while 16 Gaucho outlets – the more upmarket brand in the group – will continue to trade while administrators look for a buyer.

Related: UK retail sales fall in June despite World Cup and barbeque heatwave boost

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