The reports of TGI Fridays’ mass closures are true—35 restaurants have been shut down in the UK, but the rest were rescued by a private equity firm.

Breal Capital and Calveton have agreed to buy the chain whose UK owner fell into administration last month. However, more than 1,000 TGI Fridays UK staff will be made redundant as

Thirty-six of the casual-dining chain’s 87 locations were shuttered and the rest were sold to a pair of private-equity firms through the

The restaurants to close down in and around London include Croydon, Enfield and Romford in the city itself, plus sites at Bracknell in Berkshire, Watford North in Hertfordshire, and Chelmsford in Essex. However, many London sites will be remaining open, including at Stratford and The O2 in Greenwich.

More than 1,000 TGI Fridays' UK staff will be made redundant despite a rescue deal from the owners of restaurant group D&D London. They have bought the UK operator of the American-themed chain, after its owner fell into administration last month.

TGI Fridays is a casual dining restaurant chain serving American themed food and drink from its Derby city location at Derbion shopping centre

More than 50 TGI Fridays restaurants have been rescued - including its Stoke-on-Trent site. A rescue deal for the troubled restaurant chain has been struck with its venue on Etruria Road, in Hanley, among those remaining open.

Breal Capital and Calveton UK have bought 51 TGI Fridays restaurants after the group's previous operator fell into administration.

TGI Fridays on the New Mersey Retail Park, in Speke, is one of 35 of the chain’s restaurants to close with immediate affect with the loss of 1,000 jobs.