Jamie Oliver's Restaurant Empire Goes Into Administration
Jamie Oliver, the celebrity chef we have grown to love and admire for so many years, has been left devastated after his restaurant group went into administration.
The restaurant group, which includes Jamie's Italian, Barbecoa, and Fifteen, accounts for 1,000 jobs, which will be lost.
22 restaurants out of 25 have already shut down.
The company looking after the administration recently said, "The group had recently undertaken a process to secure additional investment into the business and, since the beginning of this year, Jamie Oliver has made available additional funds of £4m to support the fundraising."
"However, with no suitable investment forthcoming and in light of the very difficult current trading environment, the directors resolved to appoint administrators."
I'm devastated that our much-loved UK restaurants have gone into administration. I am deeply saddened by this outcome and would like to thank all of the people who have put their hearts and souls into this business over the years. Jamie Oliver
— Jamie Oliver (@jamieoliver) 21 May 2019
Jamie Oliver also released the following statement.
"I would also like to thank all the customers who have enjoyed and supported us over the last decade, it's been a real pleasure serving you."
"We launched Jamie's Italian in 2008 with the intention of positively disrupting mid-market dining in the UK High Street, with great value and much higher quality ingredients, best-in-class animal welfare standards and an amazing team who shared my passion for great food and service. And we did exactly that."
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