Late-night venues operator Luminar offloaded its Chicago Rock Café and Jumpin’ Jaks sites today in a deal worth £76.8m (€114.7m).

A clutch of retailers led the FTSE 100 Index to a negative close today amid fresh concern over the outlook for the high street.

The future of the Chicago Rock Café chain was under review today after its owner Luminar moved to address a year of unsatisfactory trading.

Theme bar operator Luminar today hailed an improved trend over the summer as it overcame June’s sharp drop-off in trading.