The restaurant group owned by celebrity chef Gordon Ramsay narrowed losses to £1m last year as sales more than tripled after Covid restrictions were eased.

Ramsay has an interest in 50 restaurants including 36 directly operated outlets in the UK, such as the Michelin-starred Pétrus and the Savoy Grill, as well as 14 licensed venues overseas.

Sales rose more than £50m to almost £80m in the year to 28 August, according to accounts filed at Companies House, but showed the extent of inflationary pressure on the hospitality industry as it remained in the red with pre-tax losses narrowing to £1m from £6.8m a year before.

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