Walsall TGI Fridays Closes as Chain Shuts Sixteen UK Restaurants

Local TV

The Walsall restaurant has closed with immediate effect as part of a national restructuring that has led to job losses. Administrators say most UK sites will continue trading under new ownership.

Transcript

00:00TGI Fridays has closed its restaurant in Walsall, one of 16 UK sites shut as part of a rescue

00:07deal for the chain.

00:09Administrators say the closures mean 456 jobs have been lost, while 1,384 roles are being

00:17safeguarded at remaining venues.

00:20The company running TGI Fridays UK has been sold to a firm linked to the brand's global

00:25owner, so 33 restaurants will continue trading.

00:29In Walsall, customers will now see shutters down and staff searching for work locally.

00:35Research suggests casual dining saw fewer customers across Britain recently as people tighten budgets

00:42and spend less on dining.

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