Shares in The Restaurant Group, the owner of the Garfunkel’s and Frankie & Benny’s chains, surged 19p, or 11 per cent, to 193p in early deals today after it posted a 3 per cent increase in first-half profits and boasted plans for a further eight new outlets before the end of the year.
Investors cheered the group, which also owns the Chiquito and Blubeckers chains, for continuing to grow despite the economic downturn, partly by offering its diners more chicken and less steak.
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