Future of Nottingham's TGI Fridays confirmed after administration

More than half the UK restaurants have been saved after a rescue deal

Nottingham's TGI Fridays is one of 51 UK restaurants in the chain saved after the parent company filed for administration last month. The city's American-themed restaurant is located at The Cornerhouse.

A rescue deal has been struck by Breal Capital and Calveton to save 51 of the 87 restaurants across the UK, protecting more than 2,000 jobs. The company is hopeful that it may be able to secure further locations following discussions with the landlords.

Julie McEwan, chief executive of TGI Fridays UK, said: “TGI Fridays is a much-loved brand with a rich heritage. The news today marks the start of a positive future for our business following a very challenging period for the casual dining sector as a whole.

"We look to the future with confidence that the TGI Fridays brand will continue to attract loyal and new guests. We are devastated for our colleagues who will be leaving TGIs and thank them for their loyalty and contribution during their time with us.

"We are doing everything possible to retain our team and support those impacted. We would like to thank our team and our loyal patrons for supporting us during this transition.

"We are proud to serve millions of customers across the UK and are committed to continuing to evolve our proposition and to give our guests a great value for money experience that keeps them coming back to enjoy TGI Fridays time and again.”