FabSwingers.com forum: Jamie Oliver

By (user no longer on site) OP
over a year ago

Jamie Oliver is to close 6 if his Italian restsurants:

"The company said that the market was "tough" and the uncertainties caused by Brexit had intensified the pressures."

http://www.bbc.co.uk/news/business-38528547

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By *lik and PaulCouple
over a year ago

cahoots

Brexit probably means the price of his balsamic will increase...poor, poverty stricken man.

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By (user no longer on site) OP
over a year ago

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man."

I do hope he is able to redeploy all those staff who wish to stay with his company though.

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By *illwill69uMan
over a year ago

moston

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man. "

Probably 30 or 40 employed in each restaurant maybe as many as 50. Plus of course the delivery drivers, grocers, butchers, farmers, printers, laundries who will all be loosing sales/work. So 200 to 300 jobs gone. But lets not think about that lets gloat over the fact that a cook made good who has used his success to campaign for better more nutritious food in schools and hospitals and generally across the board is having to close part of his business because of rising prices and reduction in numbers of customers. Of course that means your also gloating at all those who can no longer afford to go to a good restaurant.

Do you always take pleasure in hearing of others misfortune?

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By *lik and PaulCouple
over a year ago

cahoots

I wasn't gloating at all...it was a light hearted comment. If you are worried about all of these people you will find that a better run business will take the premises and re employ. He and other business owners will make their own commercial decisions.

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By *orwegian BlueMan
over a year ago

Iceland, but Aldi is closer..

90% of all restaurants close within 3 years.. Fact

With the proliferation of fine dining restaurants now on our high streets and towns, and not just in the big cities, restaurants have got to be exceptional to survive..

Jamies Italians were nothing out of the ordinary, basic menu with a few minor twists and competing with hundreds of other very similar restaurant.

It was inevitable really, some of his bars have already been sold or closed due to massive operating costs and poor revenue.

This just means that some of the independent restaurants will have more of a chance of survival.

Next for the cull will be the turkish grills that seem to be the current trend.

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By (user no longer on site)
over a year ago

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man.

Do you always take pleasure in hearing of others misfortune?"

Agreed, classic begrudgery against someone who worked hard, stuck to his guns and was successful as a result

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

Jamie Oliver at Exeter, which is destined to close next month, does indeed buy all fresh produce locally, so many wholesale butchers, fishmongers and vegetable suppliers will be hit. It was announced on Westcountry News tonight that 28 jobs will also be lost at the branch.....indeed nothing to gloat about.

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By *andS66Couple
over a year ago

Derby

"Jamie Oliver at Exeter, which is destined to close next month, does indeed buy all fresh produce locally, so many wholesale butchers, fishmongers and vegetable suppliers will be hit. It was announced on Westcountry News tonight that 28 jobs will also be lost at the branch.....indeed nothing to gloat about."

How has Brexit increased prices of locally produced and farmed goods?

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

How has Brexit increased prices of locally produced and farmed goods?"

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

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By (user no longer on site)
over a year ago

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes."

The reality is high commercial rents and rates are probably the main reason behind the closures.....I'll ignore your lack of understanding about the imported ingredients used in Italian restaurants.....it's pointless trying to explain the complexities.

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By (user no longer on site)
over a year ago

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

If you believe that it is impossible then do not bother.

I am quite able to cope with UK tomatoes.

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

If you believe that it is impossible then do not bother.

I am quite able to cope with UK tomatoes."

As I said, it's pointless to counter the arguments of someone either doesn't understand or pretends not to understand for effect....

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By (user no longer on site)
over a year ago

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

If you believe that it is impossible then do not bother.

I am quite able to cope with UK tomatoes.

As I said, it's pointless to counter the arguments of someone either doesn't understand or pretends not to understand for effect...."

Then please don't. I was just asking. If Jamie prefers Italian tomatoes and has to close some restaurants, so be it.

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

If you believe that it is impossible then do not bother.

I am quite able to cope with UK tomatoes.

As I said, it's pointless to counter the arguments of someone either doesn't understand or pretends not to understand for effect....

Then please don't. I was just asking. If Jamie prefers Italian tomatoes and has to close some restaurants, so be it."

As they say.....'you can't fix stupid'

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By (user no longer on site)
over a year ago

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

If you believe that it is impossible then do not bother.

I am quite able to cope with UK tomatoes.

As I said, it's pointless to counter the arguments of someone either doesn't understand or pretends not to understand for effect....

Then please don't. I was just asking. If Jamie prefers Italian tomatoes and has to close some restaurants, so be it.

As they say.....'you can't fix stupid'"

Except by buying tomatoes locally.

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By *anes HubbyCouple
over a year ago

Babbacombe Torquay

I'm guessing you don't often eat in Italian restaurants....or you do and you are just acting up in an effort to impress the pack?

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By (user no longer on site)
over a year ago

"I'm guessing you don't often eat in Italian restaurants....or you do and you are just acting up in an effort to impress the pack?

I am simply suggesting that his business plan was a bit crap.

You know that he needed 3000 diners per week in his restaurants to be profitable?

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By *isandreTV/TS
over a year ago

Durham

"While our overall business is in very good shape - we finished last year with like-for-like sales growth and an increase in covers - because we refuse to compromise on the quality and provenance of our ingredients and our commitment to training and developing our staff, we need restaurants that can serve an average of 3,000 covers every week to be sustainable."

As well as staff costs and lower footfall, the group has been stung by the collapse in the pound, which has ramped up the cost of buying ingredients from Italy.

According to accounts filed at Companies House, revenue at Jamie's Italian rose by almost 9% to £116.1 million in 2015, although profits fell from £3.8 million to £2.3 million.'

When I first read the 3,000 diners bit I thought it was an absurd amount, but clearly his business plan does work for the majority. It is the just about managing restaurants that couldn't take that extra brexit hit.

Hmmm, there are so many just about managing businesses teetering, relying on the just about managing consumers to keep their heads above water, I fear this will be a recurring theme.

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By *hree steps to heavenMan
over a year ago

Saint Albans

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

"
Yes but this would only have a marginal impact on his businness as I would think that the cost of raw materials is only about twenty percent of the cost of a meal.

I assume that his existing customers will eat elsewhere locally so there should be no nett loss to the local economy .

On a simplistic basis , some businnesses are more successfull than others.

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By *isandreTV/TS
over a year ago

Durham

Because of the rise in prices and the squeeze on the consumer, even if it is just a little, the consumer can't afford to eat there. The consumer may find somewhere else or he may not, but the most likely scenario is he eats out less.

The effect though is some people are out of work, some landlords are out of rent, some councils are out of rates.

It is a net loss to the economy.

Simplistic thinking is what has put us into this brexit mess. That's why there is no plan, turns out its fucking complex after all.

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By *illwill69uMan
over a year ago

moston

"I am simply suggesting that his business plan was a bit crap.

You know that he needed 3000 diners per week in his restaurants to be profitable?"

Been thinking about that...

business a bit crap...

3000 covers a week...

At first glance you seem to have a point, but...

Lets apply a little logic to that crap plan.

2 services a day, lunch and dinner...

Lunch caters mainly for business people and therefore will generally be 2 courses eaten quite quickly, so 2 or 3 covers per seat over 3 hours seems reasonable. Dinner in a Michelin star chefs restaurant will be a bit more of an experience so in a 4 to 5 hour service I expect that there will be no more than 3 covers per seat.

So that is 6 covers per seat per day...

So a restaurant that can accommodate 80 customers (that's 20 tables for 4) covers with less than 90% occupation.

When put in those terms 3000 covers does not seem that much does it? I would consider a 20 table eatery really quite small and intimate.

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By (user no longer on site) OP
over a year ago

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Yes but this would only have a marginal impact on his businness as I would think that the cost of raw materials is only about twenty percent of the cost of a meal.

I assume that his existing customers will eat elsewhere locally so there should be no nett loss to the local economy .

On a simplistic basis , some businnesses are more successfull than others. "

If the staff aren't able to be redeployed and struggle to find employment, that may impact negatively on the local economy. Or indeed, if the staff are redeployed and move away from the locality...

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By *andS66Couple
over a year ago

Derby

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

On another thread you said that the inflationary pressures of the devvaluation of the pound wouldn't be seen for 15 months. Then you've just said that his has caused Jamie Olivers to close. Then you've further said that in reality its probably because of high rent and rates... which have nothing to do with the value of the pound.

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By (user no longer on site)
over a year ago

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man.

Do you always take pleasure in hearing of others misfortune?"

Someone with intelligence ... well put

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By *hree steps to heavenMan
over a year ago

Saint Albans

"Because of the rise in prices and the squeeze on the consumer, even if it is just a little, the consumer can't afford to eat there. The consumer may find somewhere else or he may not, but the most likely scenario is he eats out less.

The effect though is some people are out of work, some landlords are out of rent, some councils are out of rates.

It is a net loss to the economy.

Simplistic thinking is what has put us into this brexit mess. That's why there is no plan, turns out its fucking complex after all. "
However I do not see many other restaurants taking this negative approach.

All the pub chains seem happy and The Restaurant Group had problems before Brexit . They have now put in place an action plan to gain lost ground .

In businness you have to adopt to survive . Nothing in life stands still.

Unless the restaurant concerned is importing a lot of very expensive food , Brexit would be irrelevant and even on imported food the price increases would be marginal as raw materials are only about 20% of the meal cost.

The Hospitality Industry will gain from the weaker pound as prices are more competitive for tourists .

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By *hree steps to heavenMan
over a year ago

Saint Albans

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

"
However the Euro was a similar level three years ago so the issue must be with how he runs his businness , not Brexit .

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By *ingdong11Man
over a year ago

emsworth

There are plenty of other Italian restaurants doing well and staying open buying the same imported ingredients .

It's just business and nothing to do with brexit , I would have much more respect for the man if he admitted some responsibility for it rather than trying to pass the blame onto an outside force .

The truth is there are so many places to eat that the market just can't sustain any more in those areas .

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By *hree steps to heavenMan
over a year ago

Saint Albans

"There are plenty of other Italian restaurants doing well and staying open buying the same imported ingredients .

It's just business and nothing to do with brexit , I would have much more respect for the man if he admitted some responsibility for it rather than trying to pass the blame onto an outside force .

The truth is there are so many places to eat that the market just can't sustain any more in those areas . "
An excellent point . If we were to assume that the material cost of a meal is circa £ 5 maximum and only about 50 % maximum is imported , then a 10 % increase in £ 2. 50 is 25 pence .

This is hardly going to ruin his businness and he may even benefit due to extra tourists coming here due to the weakened pound .

He only has himself and his businness acumen to blame .

You are an architect of your own misfortune .

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By (user no longer on site)
over a year ago

Couldn't stand J.O many years ago, but fair play he's done amazingly well. He'll survive and no doubt bounce back. Hopefully all those affected will get sorted out.

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By (user no longer on site)
over a year ago

I think he is taking advantage of Brexit as an excuse !!!

How many Italian Restaurants near you are shutting Down ?

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By *leasure domMan
over a year ago

Edinburgh

"Jamie Oliver is to close 6 if his Italian restsurants:

The company said that the market was "tough" and the uncertainties caused by Brexit had intensified the pressures.

http://www.bbc.co.uk/news/business-38528547"

The restaurant market has always been challenging, but to lay any blame at the door of Brexit is pure bolleaux, drizzled with a jus of merde de taureau.

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By *ingdong11Man
over a year ago

emsworth

I was a chef for 8 years , 2 as head chef , generally you would work to an 80% gross profit so cost of ingredients is too small a factor to put you out of profit .

Jamie has done some good things but I don't rate him as s chef and as a presenter I just found him annoying .

Fair play to him for his success though , worth about £160 million I believe .

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By *ingdong11Man
over a year ago

emsworth

"Jamie Oliver is to close 6 if his Italian restsurants:

The company said that the market was "tough" and the uncertainties caused by Brexit had intensified the pressures.

http://www.bbc.co.uk/news/business-38528547

The restaurant market has always been challenging, but to lay any blame at the door of Brexit is pure bolleaux, drizzled with a jus of merde de taureau."

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By *hree steps to heavenMan
over a year ago

Saint Albans

"I was a chef for 8 years , 2 as head chef , generally you would work to an 80% gross profit so cost of ingredients is too small a factor to put you out of profit .

Jamie has done some good things but I don't rate him as s chef and as a presenter I just found him annoying .

Fair play to him for his success though , worth about £160 million I believe . "
An interesting post . That is exactly what I thought were the margins to which most restaurants work. Thanks for sharing the information.

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By *eavenscentitCouple
over a year ago

barnstaple

Who wants to pay through the nose for pizza or other bloody pasta stuff

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By (user no longer on site)
over a year ago

"I was a chef for 8 years , 2 as head chef , generally you would work to an 80% gross profit so cost of ingredients is too small a factor to put you out of profit .

Jamie has done some good things but I don't rate him as s chef and as a presenter I just found him annoying .

Fair play to him for his success though , worth about £160 million I believe . "
.

It's not about being a good chef or presenter in the current make up though.

It's just about being a celebrity.

Anybody will buy into any shit you turn out providing your a Celebrity'... Hence Gordon Ramsays success and even his kids success.

The real power lies in stopping watching and reading the endless shit this lot produce

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By *illwill69uMan
over a year ago

moston

"It's not about being a good chef or presenter in the current make up though.

It's just about being a celebrity.

Anybody will buy into any shit you turn out providing your a Celebrity'... Hence Gordon Ramsays success and even his kids success.

The real power lies in stopping watching and reading the endless shit this lot produce"

Like it or not Gordon Ramsey is a 3 Michigan Star chef. Admittedly Jamie Oliver is not a Michigan chef, but then he has never been about the presentation required for fine dining, but has been about quality food.

Sometime celebrity is a byproduct of quality.

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By *abioMan
over a year ago

Newcastle and Gateshead

actually it may have a bit to do with the value of the pound because the feed thru of hold long in advance stuff is bought...

let me give you few different examples....

tech prices is almost straight away as it then for example stops people from going "out of market" to buy so a lot of them have gone up already

tea/coffee/orange juice/sugar is prices a couple of weeks ahead...

petrol is normally prices per barrel to be delivered about 3-6 months behind... which is why the petrol prices have only just started going up....

aviation fuel for example is and bought about 12 months ahead... which is why prices have gone up yet... but ryanair were said that prices will probably go up nearer the end of the year

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By *isandreTV/TS
over a year ago

Durham

I like how people are deciding from afar that because of margins it couldn't possibly be brexit.

Yes many restaurants are doing well. Yes some go bust for a combination of factors. It is the same with any business.

Clearly Oliver knows what he is doing because his other restaurants are thriving. However a few aren't. There will have been other factors but it is entirely possible that the struggling ones were pushed over the edge by a few increased ingredients costs. Don't forget, the prognosis is not that these increased costs are a temporary blip he could ride for a few months, we now know it is going to continue. If he was in a loss making position already for a while, no way to cut costs any further and a future likely squeeze on households spending power means the only option is to close or risk dragging some of the other borderline ones down too.

Location, fixed costs, living wage etc will all have been bigger factors im sure, but he might have been break even. Once you are making losses it's different. It does look from the timing he has kept going until xmas which suggests there have been many months of losses and he hung on for 4-5 profitable weeks due to the boost in covers.

Small differences might not seem much to some of you but in struggling ones they can be fatal.

I don't know why so many of you are getting worked up. It was accepted even by brexiters there would be some of this. The key is how long till we bounce back. If it takes years to sort new trade deals and the pound stays low then with extra tariffs inflation is going to squeeze households and then we hit big trouble.

If the exports can more than cope then the rebalance will put us in overall a better shape than we were and brexit will have been a success. I just think it is a big ask because we are such a big net importer, have a low starting point from a manufacturing base and it is most likely going to be WTO rules for a decade that the damage will have gone too far for too long to have been worth it.

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By *andS66Couple
over a year ago

Derby

Labor costs make up over 30% of a restaurant's outgoing... According to the British Hospitality Association.

Also, according to them, the increase in NMW and introduction of NLW could have a significant impact on business viability.

The industry I generally work in is very labour intensive... In fact, one company I've recently done business with have estimated that the devaluation of the pound will cost them about 3M p.a. whereas labour increases due to NMW/NLW will cost 11M p.a.

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By *ingdong11Man
over a year ago

emsworth

"It's not about being a good chef or presenter in the current make up though.

It's just about being a celebrity.

Anybody will buy into any shit you turn out providing your a Celebrity'... Hence Gordon Ramsays success and even his kids success.

The real power lies in stopping watching and reading the endless shit this lot produce

Sometime celebrity is a byproduct of quality. "

Michelin stars mean nothing when running a chain of restaurants . The food in his restaurants is average and over priced , he is trading on his name .

I eat at one of Marco Pierre whites restaurants in London a few years back , paid £40 for a dry over cooked pork chop with what tasted like a packet sauce on it ......he has several Michelin stars but now advertises stock cubes on the tv !

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By *igsteve43Man
over a year ago

derby

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man.

Do you always take pleasure in hearing of others misfortune?"

Sorry to sy but this has nothing to do with brexit but everything about jamies not being that good there are a lot better and cheaper restaurants out there

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By (user no longer on site)
over a year ago

"It's not about being a good chef or presenter in the current make up though.

It's just about being a celebrity.

Anybody will buy into any shit you turn out providing your a Celebrity'... Hence Gordon Ramsays success and even his kids success.

The real power lies in stopping watching and reading the endless shit this lot produce

Sometime celebrity is a byproduct of quality.

Michelin stars mean nothing when running a chain of restaurants . The food in his restaurants is average and over priced , he is trading on his name .

Celebrity chef restaurants can indeed be a bit crap when the chef has little to do with them anymore. I, too, have suffered bad food in celebrity-labelled restaurants.

I don't suppose that Mr. Oliver has cooked in many of his restaurants for quite some time.

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By *mmabluTV/TS
over a year ago

upton wirral

He has a restaurant in Liverpool which I have been told by quite a few people is very overpriced and very average.

Having a bad restuarant has nothing to do with brexit.Jamie Oliver is pathetic and in my view cannot cook anyway

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By *mmabluTV/TS
over a year ago

upton wirral

"Brexit probably means the price of his balsamic will increase...poor, poverty stricken man.

Do you always take pleasure in hearing of others misfortune?

Sorry to sy but this has nothing to do with brexit but everything about jamies not being that good there are a lot better and cheaper restaurants out there "

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By *oyce69Man
over a year ago

Driffield

I believe he still has another forty restaurants so things aren't that bad.

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By (user no longer on site) OP
over a year ago

" I believe he still has another forty restaurants so things aren't that bad."

Not for him maybe, but for the staff who stand to lose their jobs it is.

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By *isandreTV/TS
over a year ago

Durham

Exactly.

The labour cost will be a bigger factor and are nothing to do with brexit. They were however well known costs in advance and as a nation we made a conscious choice.

Brexit came after that. It has added to costs. It couldn't be planned for. Well it could but not if you thought we would remain or if you listened to the remainders who campaigned we would be better off not worse.

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By (user no longer on site)
over a year ago

"I think he is taking advantage of Brexit as an excuse !!!

How many Italian Restaurants near you are shutting Down ? "

I have a friend who cooks in two restaurants in Leeds city centre. It's not really bollocks.

Things like British tomatoes cost a lot to produce here, and have a limited growing season, just like things such as celery, certain salad leaves ect.

Simply put, if it was cost effective to supply all of Britain's demands for these we would not import nearly as much as we do. As it stands, due to climate, geography, nature, energy costs and land use, it is not - hence we import from Mediterranean countries which can grow more and have longer growing seasons.

In short, value of pound changes against the euro and dollar, these products are more expensive, even just the slightest cost increase adds up when you scale it up.

Therefore businesses have a choice, try and take the cost out of their own pocket - unlikely, or pass it on to the customer - not popular, or lay off some staff - which is the usual process.

It just so happens that my friend has been told the companies he works for will be looking at 'streamlining' the business.

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By *ercuryMan
over a year ago

Grantham

What was JO paying his workforce? Hazard a guess that the multi-millionaire JO was paying the national minimum wage.

The best Italian restaurants are those run by Italians.

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By *illwill69uMan
over a year ago

moston

"What was JO paying his workforce? Hazard a guess that the multi-millionaire JO was paying the national minimum wage."

Not being picky...

But there is no such thing as a national minimum wage...

Call Me (I fuck pigs) Dave did away with it...

We now have a national living wage...

Doesn't that make your heart glow!

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By *oorland2Couple
over a year ago

Stoke

How has Brexit increased prices of locally produced and farmed goods?

The clue is in the title of his restaurant chain.....Jamie's ITALIAN.

The costs of his imported goods from the EU and those goods he has to purchase in US Dollars have impacted upon his business....

But you knew that

Jamie Oliver bad businessman might be the better title. We do grow tomatoes.

Would that be the extra virgin olive oil, that the Italians miraculously export more off than they actually make

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By *oorland2Couple
over a year ago

Stoke

"He has a restaurant in Liverpool which I have been told by quite a few people is very overpriced and very average.

Having a bad restuarant has nothing to do with brexit.Jamie Oliver is pathetic and in my view cannot cook anyway"

He can definitely cook, and makes wonderfully simplistic visual meals

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By *igsteve43Man
over a year ago

derby

Ok so i can shed a bit more light on this take two celebrity labelled italians and price two identical meals

Carluccios :calamari 6.50 steak 16.95 total 23.45

Jamies calamari 6.75 steak 22.95 total 29.70

Having eaten at both i know which one i preferred and have been back to and it wasnt jamies

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By *ercuryMan
over a year ago

Grantham

"What was JO paying his workforce? Hazard a guess that the multi-millionaire JO was paying the national minimum wage.

Not being picky...

But there is no such thing as a national minimum wage...

Call Me (I fuck pigs) Dave did away with it...

We now have a national living wage...

Doesn't that make your heart glow!

Not the same thing at all!

National Living Wage only applies to over 24s.

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By (user no longer on site)
over a year ago

""While our overall business is in very good shape - we finished last year with like-for-like sales growth and an increase in covers - because we refuse to compromise on the quality and provenance of our ingredients and our commitment to training and developing our staff, we need restaurants that can serve an average of 3,000 covers every week to be sustainable."

As well as staff costs and lower footfall, the group has been stung by the collapse in the pound, which has ramped up the cost of buying ingredients from Italy.

According to accounts filed at Companies House, revenue at Jamie's Italian rose by almost 9% to £116.1 million in 2015, although profits fell from £3.8 million to £2.3 million.'

Hmmm, there are so many just about managing businesses teetering, relying on the just about managing consumers to keep their heads above water, I fear this will be a recurring theme.

So he is closing them because £2.3million profit isn't enough? Poor man!

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By *enard ArgenteMan
over a year ago

London and France

Who cares? It's not even proper Italian food.

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By (user no longer on site)
over a year ago

We've had "the current climate " as the buzzword for years.

Son of " the current climate" is

"Post Brexit " as the excuse that will be used to pull the plug on virtually anything.....

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By (user no longer on site)
over a year ago

As well as staff costs and lower footfall, the group has been stung by the collapse in the pound, which has ramped up the cost of buying ingredients from Italy.

According to accounts filed at Companies House, revenue at Jamie's Italian rose by almost 9% to £116.1 million in 2015, although profits fell from £3.8 million to £2.3 million.'

Hmmm, there are so many just about managing businesses teetering, relying on the just about managing consumers to keep their heads above water, I fear this will be a recurring theme.

So he is closing them because £2.3million profit isn't enough? Poor man!"

No he is closing those because they are losing money and have no future prespects.

What do you do when a car starts costing more to run than you get out of it?

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By *illwill69uMan
over a year ago

moston

"Not being picky...

But there is no such thing as a national minimum wage...

Call Me (I fuck pigs) Dave did away with it...

We now have a national living wage...

Doesn't that make your heart glow!

Not the same thing at all!

National Living Wage only applies to over 24s.

Ah isn't it great to know that if you are under 24 you are not entitled to a living wage...

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By (user no longer on site)
over a year ago

[Removed by poster at 12/01/17 10:55:19]

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By (user no longer on site)
over a year ago

That is because it is more expensive to import food with the tariffs on brexit.

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By (user no longer on site)
over a year ago

"That is because it is more expensive to import food with the tariffs on brexit."

Shag, there are no tariffs. Brexit has not been implemented yet.

He is a businessman. He is closing a proportion of his restaurants because they are making a loss.

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