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Don’t feel too sorry for Jamie Oliver

Trending story found on www.independent.co.uk
Don’t feel too sorry for Jamie Oliver
While troubles at fast food chain KFC have dominated the news, another multimillion-pound catering company is experiencing difficulties. Last month, Jamie Oliver’s company announced that 12 of the 37 Jamie’s Italian casual dining chain would close, with 450 job losses. The remaining restaurants have negotiated rent reductions in order to continue trading. Jamie Oliver invested £3m of his own money last December to try and keep the chain going, but the latest figures reveal debts of over £71m.
[Source: www.independent.co.uk] [ Comments ] [See why this is trending]

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