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4,500 employees are at risk of job losses as a result of the administration of TGI Fridays' UK operator.
Due to financial difficulties and significant losses, the chain's owner, Hostmore, a hospitality firm, has decided to put 87 of its restaurants up for sale.
To maintain the brand and support employment, it intends to close a deal by the end of September.
(Sources: bbc.co.uk)
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