A prominent UK restaurant chain has closed 16 of its locations with immediate effect, resulting in significant job losses, following a pre-pack administration deal.
Deal Secures Future for 33 Sites but Sees 16 Close
The business and assets of TGI Fridays in the UK were acquired on Tuesday, 14th January 2026, by Sugarloaf TGIF Operations Limited. This transaction safeguards 1,384 positions across 33 restaurants that will continue trading. However, the deal did not include 16 other sites, leading to their immediate closure and 456 redundancies.
Joint administrators Ryan Grant and Will Wright of Interpath Advisory confirmed the closures. They stated that their immediate priority is to support the employees impacted by the shutdowns. The move forms part of a wider restructuring effort for the well-known casual dining brand.
Leadership Comments on "Pivotal Step" for Brand
TGI Fridays global president, Phil Broad, commented on the situation. He said the company had explored all options to secure the brand's long-term future in the UK. Broad believes this outcome is the best for the business, as it preserves many jobs and creates a strong platform for future growth and success.
"TGI Fridays has a long history in the UK, and I believe that the future of the brand is in strong hands," Broad stated. He emphasised the focus would remain on reinvigorating the brand while keeping its signature bold flavours and high-energy dining experience.
Administrator Ryan Grant noted the challenging climate for hospitality operators. He described the transaction as a pivotal step in TGI Friday's wider turnaround plan, establishing stable foundations from which the business can move forward.
Full List of TGI Fridays Locations Now Closed
The following 16 TGI Fridays restaurants have been shut down as part of this administration process:
- Aberdeen Beach
- Ashton
- Bournemouth
- Braintree
- Coventry
- Crawley
- Doncaster
- Edinburgh
- Nottingham
- Reading
- Sheffield
- Staines
- Stevenage
- Stratford
- Telford
- Walsall
The pre-pack administration deal, while saving a majority of the workforce, highlights the ongoing pressures within the UK's competitive restaurant and hospitality sector.
