Thursday, July 2, 2009

Gordon Ramsay suffers profit nightmare

The TV chef Gordon Ramsay, who admitted recently that ambition almost brought his restaurant empire crashing down, suffered a kitchen nightmare last year as profits at his group fell by almost 90 per cent.
Gordon Ramsay Holdings has filed accounts showing that Mr Ramsay and Chris Hutcheson, his father-in-law and business partner, were forced to inject £5 million into the business to keep it afloat by paying off some of its debt and unpaid tax.

Read more:
http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article6623219.ece

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