TGI Fridays, a well-known American-themed dining chain, has abruptly closed 16 of its UK restaurants, leading to 456 job losses. Once a prominent fixture in the UK dining scene since its launch in 1986, the chain now operates only 33 locations nationwide.
The closures follow the acquisition of Liberty Bar and Restaurant Group Limited—the UK operator of TGI Fridays—by Sugarloaf TGIF Operations Limited. This deal, completed immediately after the appointment of joint administrators Ryan Grant and Will Wright on January 13, 2026, secured the jobs of 1,384 employees in the remaining outlets. However, the 16 permanently shuttered sites were not included in the rescue package.
The joint administrators have emphasized that supporting affected staff is their highest priority during the closure process. Meanwhile, TGI Fridays Global President Phil Broad described the transaction as the “best outcome for the business,” offering a platform for renewed growth and brand revitalization.
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Broad said, “We have been working closely to explore all available options for securing the long-term future of TGI Fridays in the UK. This agreement preserves jobs where possible and sets the stage for success and growth. TGI Fridays has a strong heritage in the UK, and we remain committed to delivering the bold flavors, inviting atmosphere, and vibrant dining experience that our customers expect.”
Since opening its first UK restaurant on Hagley Road in Birmingham, TGI Fridays expanded to nearly 80 establishments at its peak. However, economic challenges and competitive pressures have forced a significant reduction in its footprint over recent years.