UK: Chez Gerard shelves UK expansion plans, blames US terror attacks
Upmarket restaurant chain Groupe Chez Gerard has blamed the terrorist attacks on the US for the calling of a temporary halving of its UK expansion programme and a cut in its dividend. CEO David Williams is quoted in the Birmingham Post newspaper as saying: "We have decided to cut back on our opening programme and re-base the dividend and propose to pay the same amount in the final as we did in the interim.
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