The future of TGI Friday’s in the UK is uncertain as its parent company, Hostmore, has announced plans to enter administration. This move puts the fate of 87 restaurants and approximately 3,000 jobs at risk, following the collapse of negotiations for a rescue deal. Hostmore, which is publicly traded on the London stock market, has indicated that it will appoint administrators from the advisory firm Teneo. The company plans to sell off its restaurant locations to competitors. In the meantime, the restaurants will continue to operate as usual. The potential disappearance of the American diner brand from UK high streets raises concerns for employees and customers alike.