All posts tagged: TGI

Gordon Ramsay’s Hell’s Kitchen, London, review: TGI Fridays (at twice the price)

Gordon Ramsay’s Hell’s Kitchen, London, review: TGI Fridays (at twice the price)

Ramsay, never knowingly promo shy, barely seems to have done publicity for this place. Has he even been here? But fair enough, after his recent Michelin push, Ramsay does TGI Fridays is hardly the best look. Perhaps it is an intended cash cow, a 250-cover canteen meant to offset any losses elsewhere in the company. It certainly costs: a cheap night out this is not. Of the eight mains, six are north of £40, with the signature beef Wellington at £65 (the next day I lunch at Chelsea’s upmarket NoFifty Cheyne, £59 to share). Sides include a £22 lobster tail. Cocktails are mostly £17; the wine list’s opening gambit is champagne from £105-a-bottle, with just three still wines under £50. Wines they pour at speed and in large portions, edging you towards a second bottle. It is easy to resent this sort of avarice encouragement. Ramsay’s Savoy Grill costs about the same for a similar menu, only at the Grill there is a sense of history and far fewer bandanas. Oh, and I’ve never eaten …

Hundreds of jobs to be lost in TGI Fridays insolvency plan | Money News

Hundreds of jobs to be lost in TGI Fridays insolvency plan | Money News

Hundreds of British hospitality workers face losing their jobs in the coming days as the owner of TGI Fridays finalises plans to buy back a slimmed-down version of one of Britain’s best-known casual dining chains. Sky News has learnt that Sugarloaf TGIF Management, which only took control of TGI Fridays two months ago, is preparing to implement a pre-pack administration of the business in a deal which is expected to take place next week. Insiders said a transaction was expected to involve the closure of a significant proportion of the estate’s 49 restaurants. One suggested that between 15 and 20 of the sites could be permanently axed, although the final number is still being worked on and has yet to be determined. They cautioned that a deal could yet be delayed beyond next week. A pre-pack insolvency involves a buyer being lined up for a company or its assets without its financial liabilities, immediately after the appointment of administrators takes place. If the pre-pack scenario and site closure plan does materialise, it would inevitably mean …