Cineworld ‘considers closing a quarter of its 100 UK cinemas’

Debt-laden chain reportedly drawing up plans to shut 25 screens and renegotiate rent agreements at 50 sites

Cineworld is reportedly considering closing a quarter of its UK cinemas as part of a wide-ranging restructure.

The cinema operator, which delisted from the London Stock Exchange last year after its share price collapsed, is drawing up plans to shut as many as 25 cinemas and renegotiate rent agreements at 50 more of its 100 or so UK sites, sources told Sky News.