Jamie Oliver ‘devastated’ as his empire collapses into insolvency, forcing 22 UK restaurants to close

Celebrity chef Jamie Oliver’s British restaurant chain has filed for bankruptcy protection, partly due to increased competition and escalating rents in local commercial districts.The insolvency will leave 1,000 people out of work and reignited worries about local retail and food outlets in Britain, which are struggling to attract customers much like downtowns in the United States.“I’m devastated that our much-loved UK restaurants have gone into administration,” Oliver wrote on Twitter.“I am…

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