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Gordon Ramsay expects to makes 'substantial losses' due to coronavirus

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Gordon Ramsay has said that he expects to make "substantial" losses from his restaurants as a result of coronavirus. Speaking on the Frank Warren Heavyweight Podcast, the celebrity chef said the 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 and something better than we were doing before".He added: "Running a business is very hard and the margins now not just in the produce and the labour costs and running costs are pretty tiny, so there's no margin for error."Ramsay, 53, said that the

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