Fishworks hit as director resigns.

(From Western Daily Press)

Troubled restaurant group and fishmonger FishWorks saw its shares dive by more than 30 per cent yesterday after it announced that finance director Ratnesh Bagdai had resigned with immediate effect.

The Bristol-based company, which has 12 restaurants around the UK and owns Brixham-based Channel Fisheries, also advised that its annual accounts, due to be distributed to shareholders tomorrow, will include a statement from its auditors regarding the group's "ability to continue as a going concern". In the statement to shareholders the auditors confirmed that the group is currently in talks with its bank and other parties to secure the …