Celebrity chef says businesses are ‘battling to stay afloat’ due to rising rent and food costs but industry still ‘vibrant’
Gordon Ramsay’s restaurant empire tripled losses to £3.4m last year as it spent millions of pounds on opening five new restaurants and the chef said businesses in the industry were “battling to stay afloat”.
Sales at the celebrity chef’s dining establishments, which range from his Michelin-starred flagship Restaurant Gordon Ramsay to Street Burger, rose by 21% to £95.6m in the year to 27 August. The group took on 290 more staff after a tough time during the pandemic lockdowns.
