Cincinnatti's Rotisserie, a US-style eaterie offering "home-cooked" fast food, which made its debut in Lincoln just five months ago, has folded.
The restaurant was owned by local clothes manufacturer Philip Stainton, who earlier this year talked of opening 25 units within three years.
The company went into voluntary liquidation last week. A spokesman for the liquidiator said the closure was a result of a lack of investment capital.
Bad marks for BCS
School meals in Cornwall have deteriorated since BET Catering Services (BCS) took over the £6m-a-year-turnover contract from the county council's direct service organisation in 1994, according to a survey by the local education authority.
The research shows 74% of the 193 primary schools questioned for the survey and 84% of the 20 secondary schools who participated believe meals have got worse.
BCS claims the survey was unbalanced.
The Vale of Glamorgan Golf and Country Club is to build a £12m hotel and leisure complex on its 200-acre site at Hensol Park on the outskirts of Cardiff.
There will be a 125-bedroom hotel, two 25-bedroom lodges and a 6,000sq ft fitness area with swimming pool.
Councillors in Bristol have put a temporary moratorium on planning applications for new licensed premises in the Clifton area of the city. They have asked planners to review policy for the area because residents are protesting it is being swamped by restaurants, wine bars and pubs.