Shares in The Restaurant Group dropped more than 11 per cent on the trading update. However total turnover rose 3.7 per cent to £710.7 million in the 53 weeks to January 1, 2017. The group warned: "As presented at our Interim results, we have started price and menu trials across Frankie & Benny's, which confirm that substantial price and proposition changes are required. "Our strategic review of our other Leisure brands has revealed a need for similarly significant change." A spokesman for The Restaurant Group said "price hikes are not part of the strategy going forward".