An American-inspired restaurant chain in Binley Woods has closed its doors after the company that runs it went into administration.

TGI Fridays has served its last orders at the long-running fast food restaurant and taken the site’s website down.

It’s one of 16 of its UK restaurants being axed, putting hundreds of employees out of work.

The chain's remaining 33 restaurants will operate after they were saved in a rescue deal.

Hundreds of jobs have been lost at the restaurant chain.

placeholder image — Hundreds of jobs have been lost at the restaurant chain.

TGI Fridays global president Phil Broad said: "We have been working closely to explore all available options for securing the long-term future of TGI Fridays in the UK, and believe that this is the best outcome for the business, preserves jobs, and offers a strong platform for success and growth.

"TGI Fridays has a long history in the UK, and I believe that the future of the brand is in strong hands – focused on reinvigorating the brand while continuing to deliver the bold flavours, welcoming atmosphere, and high-energy dining experience that define TGI Fridays."

Ryan Grant and Will Wright, of Interpath Advisory were appointed as joint administrators this week.

"We are pleased to have been able to secure this transaction which will see this well-known brand continue to trade across the UK,” said Ryan.

"While these have been difficult times for hospitality operators generally, this marks a pivotal step in TGI Friday's wider turnaround plan, putting in place stable foundations upon which it can begin to move forward.”

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