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Est. 1996

Issue 144

Weekly News - Monday 2nd March 2009

Celebrity Chef
Antony Worrall Thompson Becomes
A Credit Crunch Victim

 

 

 He visited the businesses recently to tell employees their jobs no longer existed due to falling sales and problems in securing bank loans.

Antony Worrall Thompson's holding company, AWT Restaurants Ltd, went into administration recently with the TV chef, 57, turning to personal savings to help keep control of two other restaurants and a delicatessen.

"The decision to go into administration has not been taken lightly," he said and he had "experienced an unexpected but decisive fall in revenue across the businesses from September 2008".

Mr Worrall Thompson, who lives with his wife Jacinta in Henley-on-Thames in Oxfordshire, said the decision was taken after he failed to raise £200,000 from his bank to tide over the firm.

He said: "Even though November and December sales were down on the previous year, five of the seven businesses were profitable. Our request for funds has not been supported, making administration a difficult decision but an unavoidable one."

The well known chef is said to be "devastated".

 

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Mood Food is published by FSR, London, England © 2009

Editor:

Peter J. Grove

Editorial office: PO Box 416 Surbiton, Surrey, England, KT1 9BJ

Tel: 020 8399 4831

email: GroveInt@aol.com