A long-standing Gloucester Quays' restaurant and a rent-to-own retailer with stores in the city and in Cheltenham have both filed for insolvency.

Nationwide the move by Italian-themed restaurant chain Carluccio's and the firm BrightHouse is understood to have put 4,500 jobs at risk.

Both companies filed for insolvency on Monday, with it being reported it was the coronavirus crisis that tipped them over the edge to bankruptcy.

It is reported that Carluccio's staff could well be in the best position of the two groups of staff. Administrators FRP Advisory telling Sky News it planned to use the Coronavirus Job Retention Scheme to furlough the majority of the company's 2,000 employees.

This would buy it time to work out other options than closure for the 70 restaurants within its chain.

At the very least it should help give the staff some breathing space of sorts through the crisis.

It is thought BrightHouse's problems became too much with the outbreak of the coronavirus putting an end to discussions about restructuring its liabilities.

For those who still owe the company money early reports suggest BrightHouse will continue to operate to collect outstanding payments as it works towards winding down.

A buyer may still emerge.