An American restaurant chain's Stratford restaurant has been saved from closure after a rescue deal was agreed.
TGI Fridays, in Westfield Stratford City, is one of 51 locations to be bought in a rescue deal of some of the chain's restaurants after the company plunged into administration on September 18.
A deal was struck today (October 7) by Breal Capital and Calveton UK which has saved TGI Fridays Stratford from closing.
But more than 30 - including TGI Fridays Romford - were not bought as part of the rescue deal.
READ MORE: TGI Fridays to close 35 UK restaurants resulting in job loses
Other locations in and around London set for closure include Croydon and Enfield, however Essex TGI Fridays such as Lakeside Shopping Centre, Basildon and Braintree were all saved by the deal.
Nearly 2,400 jobs across the UK have been saved due to the rescue deal, but more than 1,000 staff have been made redundant from the 35 TGI Fridays set to close.
Julie McEwan, chief executive of TGI Fridays UK, told The Sun: "TGI Fridays is a much-loved brand with a rich heritage.
"The news today marks the start of a positive future for our business following a very challenging period for the casual dining sector as a whole.
"We look to the future with confidence that the TGI Fridays brand will continue to attract loyal and new guests."
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