Skip to content

News: Weekly Reviews Back to News

Dec 13

Admin

  • Fri 13th December 2019
  • Admin
Weekly review

This week: Jamie Oliver's Fifteen Cornwall restaurant closes with immediate effect putting up to 100 jobs at risk and Supercuts bought out of Administration in deal that saves 1,000 jobs.

Jamie Oliver's Fifteen Cornwall restaurant closes with immediate effect putting up to 100 jobs at risk.

Jamie Oliver's Fifteen Cornwall restaurant closes with immediate effect.

It has been announced that Jamie Oliver's, Fifteen Cornwall is to close with immediate effect. Fifteen Cornwall was run by the Cornwall Food Foundation. Fifteen Cornwall, located near Newquay, opened in 2006 and was setup to train people to work in its kitchen. Around 70 jobs are at risk in the restaurant with an additional 30 posts at the charity are expected to be lost.

Jamie Oliver's restaurant group which included Jamie's Italian went into administration back in May. JAMIE'S ITALIAN CLOSURE Trustees have said that Fifteen Cornwall's closure is unrelated. Matthew Thomson chief executive of Cornwall Food Foundation said, "This is an incredibly sad day for everyone and we will try our best to support those who have been impacted. I am profoundly sorry for the hurt, loss and distress this announcement will undoubtedly cause. We are extremely grateful to all our loyal customers and amazing suppliers and to the partners, staff and trainees that have made Fifteen Cornwall and the Cornwall Food Foundation so special for almost 14 years." When asked to comment Mr Oliver said he was "surprised and saddened" about the latest closure."


Read more here:
https://www.cornwallfoodfoundation.org/



Supercuts bought out of Administration in deal that saves 1,000 jobs

Supercuts bought out of Administration

Regus UK, the owner of the supercuts and Regis hairdressing chains has been brought out of Administration through a management buy-out of supported by entrepreneur Lee Bushell. This rescue deal saves 140 branches and 1000 jobs. However, the deal will also lead the closure of around 60 sites putting 200 jobs a risk. Regis fell into administration in October SUPERCUTS ADMINISTRATION.

Matt Cowlishaw, speaking on behalf of administrators Deloitte said, "We are pleased to have concluded the sale and for being able to preserve a significant number of jobs at two well-known brands."


Read more here:
https://www.bbc.co.uk/news/business-50744834


Are you concerned that your business could be losing money? We can offer you a free consultation to discuss your options.

 

You can call our confidential advice line free of charge:

0800 288 4088

We have offices nationwide

Head Office - Norwich  London  Cambridge  Bristol

Contact Us

  •  01603 883 443
  •  info@rcmadvisory.co.uk
  • 64-66 Westwick Street,
          Norwich, NR2 4SZ.

Freephone advice line

0800 288 4088

enquiry Form

find your local office