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0KVTLI77X72619I1T4VM.jpgAbout 50 TGI Fridays restaurants in the UK have been saved following a rescue deal for News Today the chain (Chris Ison/PA)

TGI Fridays will remain on UK high streets following a rescue deal for News Today the chain, but more than 1,000 staff have lost their jobs with the immediate closure of 35 restaurants.

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Breal Capital and Calveton UK have acquired 51 restaurants after the group’s previous operator fell into administration.

It means that nearly 2,400 jobs have been saved across the US-themed restaurant and cocktail bar.

But joint administrators at Teneo said 35 restaurants were not included in the sale and have been closed immediately, resulting in 1,012 redundancies.

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