Friday

Ray Blanchette admits he may be a ‘little crazy’ as he outlines chain’s hopes of building 1,000 outlets globally“I am a little crazy maybe,” admits Ray Blanchette, a former TGI Fridays kitchen manager who has taken on the revival of the bar-restaurant chain’s UK business in the face of blasting industry headwinds.Blanchette’s family investment firm, Sugarloaf, rescued the Dallas-based parent business from administration in 2025. He then went on to pick up its UK arm in January after the local franchisee got into difficulties, retaining 33 UK restaurants but closing 16, with the loss of 456 jobs. Continue reading...

• U.S. equity markets closed for Good Friday, but S&P 500 futures fell 0.3%, Dow futures dropped 0.2%, and Nasdaq futures declined 0.4% early Friday after a robust March jobs report showing 178,000 additions and unemployment at 4.3%. • WTI crude surged 11.4% to $111.54 per barrel on Thursday amid fears of prolonged Iran conflict, while Brent crude jumped 7.8% to $109.03, with President Trump vowing continued U.S. attacks without an end timetable. • A BMI report warns extended Middle East conflict threatens infrastructure, disrupts Strait of Hormuz oil flows, and delays postwar recovery, spilling price impacts into later 2026.

In today’s newsletter: Bereaved families say the latest findings confirm long-standing concerns about capacity, care and political choicesGood morning. Yesterday lunchtime the UK Covid-19 inquiry published its latest findings – this time on how the NHS, its staff and patients were affected during the pandemic. It delivered a stark verdict: the health service “teetered on the brink of collapse” and only avoided it through the “almost superhuman efforts” of staff.Heather Hallett, the inquiry chair, said healthcare systems “coped, but only just” – and rejected the claim made by Conservative ministers at the time that the NHS had not been overwhelmed. For bereaved families, that language matters.Middle East | Iran said it would show “zero restraint” if its energy infrastructure was targeted again as Qatar revealed that almost a fifth of its liquefied natural gas export capacity had been knocked out in an Iranian strike.Health | Meningitis vaccination has been expanded in Kent after cases linked to a Canterbury nightclub rose to 27. Two people have died, and officials say the outbreak is being contained.Politics | Muslim leaders have condemned Nigel Farage’s call to ban public prayer by Muslims in the UK as bigoted and warned of a “growing tide of hate” after Kemi Badenoch questioned whether the events fitted “within the norms of British culture”.EU | EU leaders have pledged to stand behind Cyprus as it seeks “an open and frank discussion” on the future of the British bases on the island, which have become a target after the outbreak of the latest Middle East crisis.Immigration | A 16-year-old schoolgirl is stranded in Denmark after she was not allowed to board a flight to the UK due to new border rules on dual nationals. Continue reading...