About 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 the chain, but more than 1,000 staff have lost their jobs with the immediate closure of 35 restaurants.

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 News Today cocktail bar.

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