TGI Fridays to close even more UK locations as franchise falls further into administration

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TGI Fridays shutting Ashton restaurant with 16 locations closing across the UK

Yes, American export and multinational TGI Fridays is closing even more locations across the UK following the previous batch of restaurant shutdowns.

This comes after Liberty Bar and Restaurant Group, the parent company which oversees the global TGI Fridays franchise, filed a third notice to appoint administrators this week.

Founded way back in 1965 and opening in the UK by the 80s – 1990 here in Manchester, to be specific – the New York-born diner brand continues to struggle all over Great Britain.

The only city centre TGIs was hit by the first raft of closures in October 2024, and now another Greater Manchester branch is on the chopping block.

TGIs Preswitch and Royal Exchange have both been shut for some time (Credit: David Dixon/The Manc)

Announced on Wednesday, 14 January, a further 16 TGI Fridays restaurants are shutting down imminently amid administration.

Totalling just 33 transatlantic venues left, this also means the loss of around 450 jobs, though the company insists they believe it to be the best decision to help “reinvigorate” the brand.

In a statement, Global President of TGI Fridays, Phil Broad, said: “We’ve 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.

As per an official press release shared on Monday, TGI bosses are hoping to reassert their presence in the American bar and grill scene as well as casual dining culture with a “bold new 1-2-3 strategic vision.”

Meanwhile, you can see the full list of TGI Fridays sites closing in Great Britain down below:

It seems that the entities within the hospitality sector, no matter how big or small, are still being struck by rising business rates, inflation and the general cost of living crisis.

For now, at least, the now only remaining regional TGI Fridays in the Trafford Centre (which has been there since 1998) is set to stay open.

In the case of the site in Tameside, the 36-year-old spot has unfortunately closed with immediate effect.

As for those sadly now without a job, it’s absolutely gutting – sending love and support from everyone here at The Manc Group, and we hope other parties at Ashton Leisure Park will step in to help when and where they can.

This is far from the only recognisable name closing down local venues, either…

Glitzy Spinningfields bar famed for its bottomless deals shuts down
It continues to be a tough time for anyone in food and drink.

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Featured Images — The Manc Group

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