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Jamie Oliver's restaurant chain files for bankruptcy

London | Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly because of increased competition and escalating rents in local commercial districts.

The insolvency will leave 1000 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.

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    Original URL: https://www.afr.com/world/europe/jamie-oliver-s-restaurant-chain-goes-under-20190521-p51pto