Jamie Oliver’s Italian chain of restaurants has collapsed and administrators called in.
The move puts up to 1300 jobs at risk.
In a statement on Twitter Jamie Oliver said: “I am deeply saddened by this outcome and would like to thank all of the staff and our suppliers who have put their hearts and souls into this business for over a decade. I appreciate how difficult this is for everyone affected.”
Last year the chain closed 11 restaurants and made around 600 staff redundant.
Reports last year also revealed that the restaurant empire had owed staff £2.2 million and had debt at that time approaching £71.5 million.
Credit Strategy reported that KPMG restructuring partners Will Wright and Mark Orton have been appointed joint administrators.
