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TGI Fridays UK may close 15–20 locations, risking hundreds of jobs, after its operator entered administration.
TGI Fridays in the UK is facing potential closure of 15 to 20 of its 49 locations, with hundreds of jobs at risk, after its operator, Liberty Bar and Restaurant Group, filed for administration and sought more time to secure a rescue deal.
The chain, which has struggled financially since a failed £177 million takeover and previous closures, is reportedly preparing for a pre-pack administration, possibly involving a new buyer.
Despite ongoing operations and no final decisions, the crisis reflects broader challenges in the UK hospitality sector, including rising costs and tax pressures.
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TGI Fridays UK puede cerrar 15 a 20 ubicaciones, arriesgando cientos de empleos, después de que su operador entró en administración.