💨 Abstract

The popular Japanese restaurant Koi Ki in Birmingham closed abruptly in April due to unpaid rent, disappointing loyal customers. The venue, which opened in 2023 and gained quick popularity for its sushi platters and stylish ambiance, appointed insolvency firm Begbies Traynor amidst struggles. The closure highlights the ongoing challenges in the hospitality industry, exacerbated by pandemic fallout, rising costs, and reduced consumer spending.

Courtesy: www.thesun.co.uk