Banks and food supplier will pursue Jamie Oliver personally for debts

Banks and food supplier 'will pursue Jamie Oliver personally for millions of pounds in debts' after collapse of TV chef's restaurant empire puts 1,300 jobs at risk

By Alexander Robertson and Joel Adams For Mailonline

Published: 09:59 BST, 22 May 2019 | Updated: 10:00 BST, 22 May 2019

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Jamie Oliver could personally be pursued by banks and suppliers for millions of pounds in debt following the collapse of his restaurant empire

Jamie Oliver could personally be pursued by banks and suppliers for millions of pounds in debt following the collapse of his restaurant empire

Jamie Oliver could personally be pursued by banks and suppliers for millions of pounds in debt following the collapse of his restaurant empire.

The chef announced yesterday that his struggling eateries would finally close, with with 1,300 workers set to lose their jobs.

The decision to put the business into administration yesterday triggered the immediate closure of 22 restaurants, including 20 branches of Jamie's Italian.

Major trouble for the empire first surfaced in 2017, when Oliver, whose is said to be worth around £150million, injected £12.7million of his own money into the business.

The firm also took out £37million in loans from HSBC and other companies as the empire struggled with debts of £71.5million and teetered on the edge of bankruptcy.

It is understood Oliver provided personal guarantees to the bank and food supplier Brakes, allowing them to pursue him over unpaid bills, according

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