What happened to Jamie Oliver to close his empire of restaurants in the United Kingdom?
Last Tuesday at dawn, the celebrity chef in the United Kingdom, Jamie Oliver, has tweeted that he is in ruin.
“I am devastated because our beloved restaurants in the United Kingdom are bankrupt”.
The chef added: “I am deeply saddened by this result and I would like to thank all the people who have put their hearts and souls into these businesses during these years”.
For the cook, the bankruptcy has meant that 25 locals of Jamie Oliver’s group of restaurants of the country are almost closed. Only 3 of them are operating for a short time. Likewise, in London, only 2 of the 8 Italian restaurants and one of the two in the Gatwick Airport, remain open but for a short time until everything is closed out. Right now the KPMG consultancy is in charge of the total auction.
A bad run
In 2008, the chef opened the Jamie’s Italian restaurants in his country. However, last year, Jamie had to invest 14 million euros out of his own pocket to relaunch the group of restaurants, he also needed an injection of more money, with loans of the HSBC bank and other financial institutions,to some 37 million euros.
Despite the millionaire investment for which he bet.The Brexit got him in trouble. In a statement in the online press Daily Mail, Jamie blamed Brexit as one of the triggers for his ruin. In the same period, the minimum wage of the workers increased, taxes increased and rental costs in the United Kingdom increased. Factors that were impossible to overcome.
After the closures, 1,000 workers lost their jobs.
Jamie Oliver’s restaurant group:
Jamie’s Italian (19) (Birmingham, Brighton, Cambridge, Cardiff, Edinburgh, Glasgow, Guildford, Leeds, London – Islington, London – Gatwick North, London – London Bridge, London – Piccadilly, London – Victoria, London – Westfield White City, London – Westfield Stratford, Manchester, Nottingham, Oxford, York)
Jamie Oliver’s Italian (2) (Liverpool, London – Covent Garden)
Jamie’s Italian Coffee Lounge (1) (London – Gatwick North)
Jamie Oliver’s Diner (1) (London – Gatwick South)
Barbecoa (1) (London – One New Change)
London Fifteen (1)