TGI Fridays files for administration for the second time this month

The future of TGI Fridays in the UK has been thrown back into doubt after its holding company, Liberty Bar and Restaurant Group, filed a second notice of intention to appoint administrators within two weeks to buy time for an investment or sale of its 49 sites, only months after the business was acquired by Sugarloaf TGIF Management LLC following a prior administration and amid ongoing adviser led sale talks.

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