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Major restaurant chain set for comeback years after collapse

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Major restaurant chain set for comeback years after collapse


Jamie Oliver is set to relaunch his Jamie’s Italian restaurant chain in the UK, six years after its dramatic collapse.

The TV chef will bring the brand back to London’s Leicester Square next spring, partnering with the restaurant group behind Prezzo.

Oliver stated it is “incredibly important” to return to the UK high street.

Jamie’s Italian first launched in Oxford in 2008 with his Italian mentor, chef Gennaro Contaldo, expanding to around 40 sites.

It entered administration in 2019, leading to the closure of its remaining UK locations and hundreds of job losses.

The brand has continued to operate overseas, with over 30 restaurants in 25 countries.

Brava Hospitality Group, which runs the Prezzo Italian chain, will relaunch the brand in the UK.

Jamie Oliver will bring the brand back with a restaurant in London’s Leicester Square next spring, as part of a partnership with the restaurant group behind Prezzo

Oliver said: “As a chef, having the chance to return to the high street is incredibly important to me.

“In theory it’s not the easiest time to return but conversely, I think it’s the perfect time.

“I believe the mid-market needs excitement, surprise and delight and that’s exactly what I am planning on delivering.

“I will drive the menus, make sure the sourcing is right, the staff training, and ensure the look and feel of the restaurant is brought to life in the right way.”

Jamie’s Italian is to be relaunched with a restaurant in London next year

Jamie’s Italian is to be relaunched with a restaurant in London next year (Jamie’s Italian/PA)

Ed Loftus, global director of Jamie Oliver Restaurants, said: “This is an exciting next chapter for Jamie Oliver Restaurants in the UK.

“This partnership brings together one of the world’s most recognised chefs with a highly capable operator and the long-term investment to build something with real longevity.”

James Brown, chief executive of Brava, said: “Our ambition is to bring world-class Italian dining to the heart of the UK high street.

“A lot of time and energy has gone into evolving the Jamie’s Italian concept to make that vision a reality.

“This marks an exciting new chapter for both Jamie’s Italian and Brava, and reflects our commitment to reimagining the high street with exceptional, modern hospitality.”



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Asda boss rejects profiteering claims as petrol price tops 150p

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Asda boss rejects profiteering claims as petrol price tops 150p



Motorists are facing higher fuel prices ahead of Easter break due to the conflict in the Middle East, the RAC says.



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Hetero rolls out generic semaglutide exports to over 75 countries – The Times of India

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Hetero rolls out generic semaglutide exports to over 75 countries – The Times of India


Hyderabad: Pharma player Hetero on Friday said it has rolled out exports of its generic semaglutide injection portfolio as part of a multi-year plan to widen access to treatments for type 2 diabetes and obesity in more than 75 countries.The Hyderabad-based pharmaceutical company said initial rollouts are under way in Africa, Asia and the Middle East, with additional launches planned in other markets subject to regulatory approvals.The injectable therapies will be sold under the brand names Truglyx, Rolmodl and Moto G. Semaglutide belongs to the GLP-1 class of medicines, which are used in diabetes care and weight management.Hetero said the export launch is part of its broader strategy to improve access to advanced cardio-metabolic therapies, particularly in emerging markets.The company said the products will be offered in multi-dose disposable pen devices designed in line with innovator formats and will be available in several strengths, including 0.25 mg, 0.5 mg, 1 mg, 2 mg, 1.7 mg and 2.4 mg, allowing dosing flexibility for both diabetes and obesity treatment.Hetero said it is also awaiting approval from India’s Central Drugs Standard Control Organisation (CDSCO) after completing clinical trials in type 2 diabetes and obesity and plans an India launch after regulatory clearance.Hetero managing director Dr Vamsi Krishna Bandi said the company aims to provide high-quality, affordable generic semaglutide through a single global product platform backed by its manufacturing and development capabilities.He said Hetero would use its commercial networks across Asia, the Middle East, Africa and Latin America to support supply and access. The Hyderabad-headquartered Hetero operates in more than 145 countries and employs over 30,000 people.



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India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks – The Times of India

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India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks – The Times of India


Commerce and industry minister Piyush Goyal on Friday met US Trade Representative Jamieson Greer and reviewed the next steps in negotiations for the proposed India-US bilateral trade agreement (BTA).The meeting took place on the sidelines of the 14th ministerial conference (MC14) of the World Trade Organisation in Yaounde, Cameroon, where both sides also exchanged views on issues related to the WTO agenda.“Had a very productive discussion with @USTradeRep Jamieson Greer on the sidelines of the WTO Ministerial Conference. Exchanged views on the #WTOMC14 agenda, next steps in the India-US BTA negotiations and explored ways to further deepen our economic cooperation and bilateral trade ties,” Goyal said in a social media post.The development comes amid ongoing efforts by both countries to finalise an interim trade pact. Last month, India and the US announced that they had finalised a framework for the first phase of the agreement, though it is yet to be signed.The two sides had earlier announced a trade deal on February 2, followed by a joint statement on February 7 outlining the contours of the agreement.As part of the framework, the US had agreed to reduce tariffs on Indian goods to 18%. However, the tariff structure has since undergone changes after the US Supreme Court struck down sweeping tariffs imposed under earlier measures.Following the ruling, US President Donald Trump introduced a 10% tariff on all countries for a period of 150 days starting February 24.In view of these developments, a planned meeting between chief negotiators of India and the US — aimed at finalising the legal text of the agreement — has been postponed. The pact was earlier expected to be signed this month.An official had earlier said that the interim trade agreement would be signed once the new global tariff framework of the US is fully in place.



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