The Restaurant Group’s revenues fell 57% in 2020 on back of hospitality restrictions
The Restaurant Group, the owner of the Frankie & Benny’s and Wagamama chains, is planning to raise £175m as it continues to struggle with the impact of Covid-19.
The company said the outlook for the hospitality industry remained uncertain as long as coronavirus restrictions stayed in place.
Related: Angus Steakhouse seeks help from landlords as Covid curbs threaten future
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