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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