Jamie Oliver's business empire to post £20m loss for the year
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jamie Oliver’s business empire has had a decidedly un-pukka year, new accounts will confirm: it lost £20 million in 2017. The problems at the company’s restaurants were offset by rising sales at the celebrity chef’s media business – which includes his cookery books and TV shows – where revenues rose to £32 million and underlying profits jumped 45 per cent to £8 million. Paul Hunt, chief executive of Jamie Oliver Group and the chef’s brother-in-law, said: “The success of our media business, driven by the stellar performance of 5 Ingredients, Quick & Easy Food, was fundamental to our ability to support the restaurant business and ensure its continuity.
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Jamie Oliver's restaurant empire plots international expansion, months after UK chain's collapse
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Jamie Oliver admits he has ‘no more money’ to keep struggling Italian restaurant chain afloat
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