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13 Jul 12:00pm

Gaucho and Cau restaurant chain races to secure rescue deal

The Guardian
Group faces administration as it struggles to pay £1m tax bill amid ‘dining-out crunch’ The Argentine restaurant group Gaucho is teetering on the brink of administration as it races to secure a deal that will help it pay a £1m-plus tax bill. The company is understood to be weighing three potential rescue deals, ahead of a late-night deadline for the bill by HM Revenue & Customs on Friday.
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