Gordon Ramsay has spoken out about the effects the coronavirus lockdown is having on his businesses and said that he expects to make "substantial" losses from his restaurants.
The 53-year-old celebrity chef has relocated his family to their £4.4 million home in Cornwall since the lockdown was announced by government, much to the annoyance of his new neighbours in the south west.
Speaking on the Frank Warren Heavyweight Podcast, Ramsay said that running a business in the restaurant industry is "very hard" at the moment and "there's no margin for error".
He added that despite the financial woes the industry is currently facing, he is "optimistic" about the future and once his restaurants resume trading he will "treat this as a new opening