TGI Fridays closes 16 UK shops, with 456 job losses | EUROtoday

TGI Fridays has closed 16 of its UK eating places, placing 456 workers out of labor.

The American-inspired informal eating chain’s remaining 33 eating places will proceed to function after the enterprise was offered in a rescue deal.

Interpath was appointed as administrator to Liberty Bar and Restaurant group, which managed the operations of TGI Fridays’ UK eating places, on Tuesday.

TGI Fridays’ enterprise and property have been instantly offered to an organization owned by Sugarloaf, the supervisor of the worldwide TGI Fridays model. Some 1,384 jobs have been safeguarded within the deal, directors mentioned.

Phil Broad, TGI Fridays’ Global President, mentioned: “We have been working closely to explore all available options for securing the long-term future of TGI Fridays in the UK, and believe that this is the best outcome for the business, preserves jobs, and offers a strong platform for success and growth.”

Ryan Grant, managing director at Interpath and joint administrator, mentioned: “We are pleased to have been able to secure this transaction which will see this well-known brand continue to trade across the UK.

“While these have been troublesome instances for hospitality operators typically, this marks a pivotal step in TGI Fridays’ wider turnaround plan, putting in steady foundations upon which it will probably start to maneuver ahead.”

The 16 TGI Fridays websites that closed instantly are:

– Ashton Under Lyne, Greater Manchester

– Doncaster, South Yorkshire

– Staines, Surrey

– Stevenage, Hertfordshire

– Walsall, West Midlands

– Bournemouth, Dorset

– Telford, Shropshire

– Reading, Berkshire

– Coventry, Warwickshire

– Edinburgh, Scotland

– Crawley, West Sussex

– Aberdeen Beach, Scotland

– Nottingham, Nottinghamshire

– Sheffield, South Yorkshire

– Stratford, Greater London

– Braintree, Essex

Over summer 2025, casual and fast-food restaurants saw a 6% drop in customers compared to the previous summer, according to research from Worldpanel by Numerator.

In December, trade body UKHospitality warned the hospitality sector could lose a further 100,000 workers as a result of the Autumn Budget.

The government has said it is “defending pubs, eating places and cafés with the Budget’s £4.3bn help package deal”.

Last month, the High Street food chain Leon said it will close 20 restaurants and cut jobs as part of a major restructure.

Its co-founder said he believed the company had drifted from its core values under EG and Asda’s leadership, and also cited internal challenges, changing work patterns driven by the Covid pandemic and tax increases – all of which have affected the broader hospitality sector.

Leon’s administration process comes after Pizza Hut’s UK operator DC London Pie announced it was closing 68 restaurants and 11 delivery sites in October, making more than 1,200 workers redundant.

Administrators said DC London Pie had been hit by a combination of “difficult buying and selling situations and elevated prices”, including “tax-related obligations”.