Covid puts £ 60million hole in Gordon Ramsay’s income Business

Gordon Ramsay has revealed that sales at his catering business have fallen by almost £ 60million in the past year.

The chef spoke about the financial impact of Covid-19 on his restaurants and said he was hurt by the criticism he received for accepting financial support from the government.

His company, Gordon Ramsay Restaurants, operates 14 London-based restaurants and 10 international restaurants in locations such as Las Vegas, Versailles and Singapore.

The Scotsman described 2020 as the most difficult year of his career and said the company’s turnover fell by £ 58.5million.

He used the leave program to pay staff during the pandemic and Ramsay met Chancellor Rishi Sunak last week to the fury of some small hotel companies.

Ramsay told BBC Radio 5 Live: “The last 12 months have been the toughest in my 28-year career. Every company has abandoned its people, every company has had to tighten their belts to get over this.

“At the end of the year we have around £ 58.5million in turnover down, but my rents are not going down. It’s more than emotion, it’s my There were criticisms last week of my meeting with the Chancellor like “Hey, what is Ramsay complaining about?” “He’s a multimillionaire.

“My business is privately held and there is a shareholder and that’s me. So putting millions of pounds to keep this thing afloat is my personal decision.”

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This notice was published: 2021-02-23 16:34:28