The Las Iguanas chain of Latin American restaurants can look forward to expansion plans after its parent company Metrodiner Limited secured a cash injection of £3.5m (US$5.47m).

New outlets can be expected in large UK towns and cities outside London, according to a report in the, after venture capitalists Piper Private Equity supplied £1.5m of funding and the Royal Bank of Scotland provided the remaining £2m.
The group currently controls five restaurants in Bristol, Bath, Cardiff and Birmingham.