Gordon Ramsay’s restaurant group reports £12m in pandemic losses

Staff cut by almost 300 in year to August 2021 as celebrity chef's company warns of tough trading conditions in cost of living crisis

Gordon Ramsay's restaurant empire has reported almost 12m in losses and cut almost 300 staff because of closures and restrictions during the Covid-19 pandemic as the businessman warned of the potential impact of soaring inflation and rising bills on restaurant dining habits.

The celebrity chef runs or owns a stake in 35 restaurants in the UK - including Petrus, Bread Street Kitchen, Restaurant Gordon Ramsay and three at the Savoy - and has licence agreements for a further 13 worldwide.