by George’s Dining Room and Bar, co-owned by Manchester United legend Ryan Giggs, has abruptly closed due to significant financial challenges. The Worsley-based establishment accumulated debts totaling £563,600, including £129,357 owed to suppliers, £75,616 in taxes, and £44,095 in bank loans and overdrafts.
Established in 2014 by Giggs alongside childhood friends Kelvin Gregory and Bernie Taylor, the restaurant aimed to offer a modern British dining experience in Greater Manchester. However, a combination of reduced trade and escalating operational costs, exacerbated by the ongoing cost of living crisis, led to its sudden closure.
Staff were informed of the immediate shutdown via text messages, citing “unforeseen circumstances.” The message highlighted a significant reduction in trade and rising operational costs as primary reasons for the closure. Employees were assured that outstanding wages and redundancy payments would be processed promptly.
The company overseeing the restaurant, RKB Ventures Ltd, was officially liquidated on March 7, 2025. This development underscores the challenges faced by businesses in the hospitality sector amid economic pressures and changing consumer behaviors.
This closure serves as a cautionary tale about the vulnerabilities businesses face in fluctuating economic climates, emphasizing the importance of adaptability and robust financial planning.
