Famous Brands, the South African-based owner of Wimpy, has reported a drop in revenue across its UK franchising division for the six months to 31st August, after trading was impacted by the closure of a multiple franchisee and the rioting in the summer. Revenue across the period declined from £4.07m to £3.29m, which the company said reflected the challenging trading environment. The group said that conditions for its trading division in the UK deteriorated as the “government’s austerity measures gained traction in the broader economy and consumer disposable income contracted further”. The company, which currently operates 154 restaurants under the Wimpy brand in the UK, reiterated that would hold off from launching its Steers brand into the UK market “until such a time as a sustained meaningful recovery of the economy occurs”. It said its outlook for the next six months remained cautious in the “context of prevailing macro-economic factors”.