Rescue deal saves Wembley branch of American restaurant chain
Briefly

Julie McEwan, chief executive of TGI Fridays UK, expressed optimism, stating, "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." She acknowledged the devastation felt by those losing their jobs, emphasizing gratitude for their loyalty and the company's commitment to supporting affected staff.
Daniel Smith, senior managing director of administrators Teneo, noted that the acquisition by Breal Capital and Calveton UK "preserves a significant proportion of jobs and will hopefully provide the business with the stability and support it needs to recover and grow,
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