Why is London's oldest Indian restaurant, Michelin-starred Veeraswamy, on the verge of closing?

The Veeraswamy, on Regent Street, one of London's oldest Indian restaurants, may be subject to closure in its 99th year. The restaurant, being one of the UK's most famous eateries serving Indian food, has been able to retain the Michelin star awarded to it in 2017. Established in 1926, the restaurant was founded by Edward Palmer, the great-grandson of General William Palmer, who was the Private and Military Secretary to Warren Hastings, and Faiz-un-Nisa Begum, a Mughal princess, according to a report by The Indian Express.