• Home
  • Advertise
  • Contact Us
Saturday, January 23, 2021
No Result
View All Result
NEWSLETTER
LondonDailyPost.com
-2 °c
London
1 ° Mon
2 ° Tue
6 ° Wed
10 ° Thu
  • UK News
  • World
  • Health
  • Business
  • Science
  • Tech
  • Entertainment
  • Sports
  • Lifestyle
  • Travel
  • Politics
  • UK News
  • World
  • Health
  • Business
  • Science
  • Tech
  • Entertainment
  • Sports
  • Lifestyle
  • Travel
  • Politics
No Result
View All Result
LondonDailyPost.com
No Result
View All Result
Home Business

Jamie Oliver’s restaurant empire collapse puts 1,300 jobs at risk

by Carla Becker
May 22, 2019
in Business
1 min read
Jamie Oliver’s restaurant empire collapse puts 1,300 jobs at risk

The jobs of more than 1000 employees are at risk now as the restaurant group set up by famous celebrity chef Jamie Oliver collapses into administration.

A few reports state that the chef’s Jamie’s Italian chain and other of his venues have appointed KPMG in order to tackle an insolvency procedure.

The step puts the jobs of nearly 1,300 employees at risk as well as is a major blow to the TV chef whose entrepreneurial zeal and style has helped him earn a massive fortune in the past 20 years.

According to sources, the administration process shall include Mr Oliver’s rest of the Barbecoa sites and also Fifteen London which was launched right after the chef climbed to fame via his TV show, The Naked Chef.

The insolvency procedure would most likely not include HSBC bank which is the restaurant group’s principal bank lender. Meanwhile, two of Jamie’s Italian restaurants as well Jamie Oliver’s Diner would continue to operate as normal for now while the administrators inquire into options for the restaurants.

Notably, Mr Oliver, who is currently ‘devastated’ with his chain of restaurants going into administration, isn’t the only victim of the harsh trading environment prevailing in the United Kingdom. Previously this year, cafe group Patisserie Valerie also collapsed into administration, with 70 of its outlets closed and a loss of around 900 jobs, though 96 of its outlets were saved.

mm

Carla Becker

The idea of London Daily Post drove this engineer turned journalist from a multi-national company to the digital avenue. Carla brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for readers. Alongside managing the platform, she also contributes her expertise in the business niche.

Next Post
Penniless care worker, 31, inherits one of Britain's finest National Trust stately homes

Penniless care worker, 31, inherits one of Britain's finest National Trust stately homes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

England should focus more on India’s tour instead of Ashes obsession: Graeme Swann

January 23, 2021

Freelance Journalist Amin Fardin Aims To Grow Big This Year With His YouTube Channel

January 23, 2021

Students Around The World Are Making Efforts To Prevent Climate and Weather Changes

January 23, 2021

Zoho Project Management Simplifies Operations

January 23, 2021

Police Equipment Trends You Should Check Out

January 23, 2021

Glastonbury Music Festival: It’s not happening once again!

January 22, 2021

Saksham Jain aka Essjay is all geared up for the release of his upcoming song ‘Rolex’

January 22, 2021

The Different Types of Insurance Coverage

January 22, 2021

Roman Perez joins Ballers Activism, taking action in basketball communities in Spain, New York city and London

January 22, 2021

Liverpool (0) vs Burnley (1): Match Report and Analysis

January 22, 2021
  • Home
  • About
  • Team
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Cookie Policy

© 2019. London Daily Post.

No Result
View All Result
  • Home
  • About
  • Team
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Cookie Policy

© 2019. London Daily Post.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In