Home Business News Jamie Oliver restaurant chain set to go into administration

Jamie Oliver restaurant chain set to go into administration

by LLB Reporter
21st May 19 11:51 am

TV celebrity chef Jamie Oliver’s restaurants are set to go into administration putting more than 1,000 jobs at risk.

KPMG have been appointed as administrators, and if the company falls into administration HSBC who are the main lenders are facing a multimillion pound loss.

The Italian chain along with Barbecoa sites and Fifteen London will be part of the administration process.

It is understood that conversations with employees across the chain are on going.

Oliver said, “I appreciate how difficult this is for everyone affected.”

“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.”

Adding, “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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