Gordon Ramsay's UK Restaurants Still Losing Money Despite £100m Sales
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Gordon Ramsay is a famous British chef. He owns many restaurants in the UK. His restaurant business sold more than £100 million worth of food and drink. This is a lot of money.
But the business did not make a profit. This means the company spent more money than it made. The business stayed 'in the red'. This means it lost money.
Ramsay has 34 restaurants in the UK. Some of them are very famous. They include the Savoy Grill, Pétrus, and several Lucky Cat restaurants. Lucky Cat is a chain of restaurants with an Asian style.
Many people know Gordon Ramsay from TV. He is famous for cooking shows. He also has restaurants in other countries, not just the UK.
Even famous and busy restaurants can lose money. This can happen because of high costs. Food, staff, and rent can all be very expensive for a restaurant.
Vocabulary3 words
- chef
- a person who cooks food, especially in a restaurant
- profit
- money a business makes after paying all its costs
- red
- a word used when a business loses money, not makes money
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Quiz
Answer key
1. More than £100 million 2. No, it lost money 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Gordon Ramsay is a famous British _____. He owns many restaurants in the UK.
His restaurant business sold more than £100 _____ worth of food and drink.
But the business did not make a _____.
The business stayed 'in the _____'. This means it lost money.
Ramsay has 34 _____ in the UK.
They include the Savoy Grill, Pétrus, and several _____ restaurants.
Many people know Gordon Ramsay from _____.
Food, staff, and _____ can all be very expensive for a restaurant.
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