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The future of a major UK family favourite restaurant chain is at risk. The future of TGI Fridays in the UK has once again become uncertain as it appoints financial advisor to explore strategic options.

Interpath has been appointed to explore strategic options for the chain, which employs 2,000 people across the UK. It comes just a few weeks after TGI Fridays in the UK was acquired by Sugarloaf TGIF Management.

Phil Broad, president, TGI Fridays International Franchising, issued a statement to Sky News and said: “The directors of TGI Fridays UK can confirm they are working closely with independent advisors to explore all available options for securing the long-term future of TGI Fridays in the UK.

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