Gordon Ramsay's UK restaurants top £100m revenue in 2025, with 22 Bishopsgate a 'star performer'
Newly released accounts show Gordon Ramsay's 34 UK restaurants took £100.7m in 2025, up 3%, with an operating loss of £5.8m. The group called its 22 Bishopsgate site its "star performer"; the two outlets differ on the direction of UK earnings.
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The story, neutrally told
Gordon Ramsay's UK restaurants took more than £100m in revenue in 2025, up 3% on the previous year, according to newly released accounts. City A.M.RC “The celebrity chef’s 34 UK restaurants posted a three per cent uplift in revenue to £100.7m in 2025” Read at City A.M. ↗ Evening StandardN “revenues in the UK topped £100 million in the year to December 28 2025, up by 3% compared with the previous year” Read at Evening Standard ↗ The UK business recorded an operating loss of £5.8m; City A.M. reports this narrowed from £7.3m the year before. City A.M.RC “its operating loss narrowed from £7.3m to £5.8m” Read at City A.M. ↗ Evening StandardN “the UK business recorded an operating loss of £5.8 million for the latest financial year” Read at Evening Standard ↗ UK earnings (Ebitda) were £8.5m, but the outlets disagree on direction: City A.M. says they slipped 29% year on year, while the Evening Standard says they were up 4% and a record. City A.M.RC “Earnings at Ramsay’s UK restaurant group slipped by 29 per cent to £8.5m year on year” Read at City A.M. ↗ Evening StandardN “Earnings before interest, tax, depreciation and amortisation (Ebitda) came in at £8.5 million for the UK, up 4% year-on-year” Read at Evening Standard ↗
Global earnings rose 12% to about £14m (£14.3m per the Evening Standard), and City A.M. says Gordon Ramsay Restaurants Global took £152m in revenue across 102 sites. City A.M.RC “took £152m in revenue last year across its 102 sites” Read at City A.M. ↗ Evening StandardN “£14.3 million for the global group – which was 12% higher than the year before” Read at Evening Standard ↗ The group named 22 Bishopsgate, a City of London skyscraper, its "star performer"; it hosts five Ramsay venues including Lucky Cat, Bread Street Kitchen & Bar and Gordon Ramsay High, plus a cooking academy. Evening StandardN “incorporating Lucky Cat, Bread Street Kitchen & Bar and Gordon Ramsay High restaurants as well as a cooking academy” Read at Evening Standard ↗ City A.M.RC “Ramsay’s restaurant group now operates five sites in the City skyscraper, the UK’s second-tallest building” Read at City A.M. ↗ Chief executive Andy Wenlock called it an "incredible year" and said 22 Bishopsgate was the "star performer, with 5 restaurant experiences in one venue". City A.M.RC ““While 22 Bishopsgate has been the star performer, with 5 restaurant experiences in one venue” Read at City A.M. ↗ Evening StandardN “said it had been an “incredible year” for the business” Read at Evening Standard ↗
The Evening Standard reports sales at the venue this year to date are more than double last year's, and Wenlock cited a commitment to improving underlying profitability. Evening StandardN “Sales at the venue this year, to date, are more than double that of last year, according to the business.”“a commitment to improving underlying profitability, resulting in record Ebitda for the group and UK businesses” Read at Evening Standard ↗ The company said the Netflix documentary 'Being Gordon Ramsay' boosted bookings, including at Lucky Cat, which opened in February last year. City A.M.RC “Trading at Lucky Cat at 22 Bishopsgate, which opened in February last year, took a boost from the release of the Netflix documentary” Read at City A.M. ↗ Evening StandardN “The company said the success of the TV programme helped deliver a boost to bookings at restaurants this year.” Read at Evening Standard ↗ Ramsay and Lion Capital each own 50% of the group, formed when the UK and US operations merged in February last year; it holds nine Michelin stars. The company expects franchise and licensing partnerships to play a growing role in future growth. City A.M.RC “Ramsay and Lion Capital, a London-based private equity firm, each own 50 per cent of the company.”“It holds a total of nine Michelin stars” Read at City A.M. ↗ Evening StandardN “It is expecting franchise and licensing partnerships to play an increasingly important role in the group’s growth” Read at Evening Standard ↗
Every sentence links to the reporting it rests on.
Left0 outlets
No left outlet in our sources has covered this story yet.
Centre1 outlet
- Framing
- The Evening Standard presents the results as a boost for the empire, led by 22 Bishopsgate and the Netflix documentary.
- Emphasis
- Bishopsgate sales more than doubling, record Ebitda, and the role of franchising and licensing.
- Leaves out or plays down
- Does not give the prior-year operating loss, global revenue or ownership details.
- Charged language
- “star performer”“empire”
- For example
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“Gordon Ramsay’s restaurant empire has hailed its Bishopsgate site in London a “star performer”” — Evening Standard
Right1 outlet
- Framing
- City A.M. leads on the £100m milestone and the City of London angle, with Ramsay's expansion in the Square Mile and detail on ownership and Lion Capital.
- Emphasis
- Revenue, the narrowing operating loss, the global group and ownership structure.
- Leaves out or plays down
- Does not mention the record-Ebitda claim or the doubling of Bishopsgate sales; reports UK earnings as falling.
- Charged language
- “star performer”“phenomenal”
- For example
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“has expanded rapidly in the Square Mile in recent years” — City A.M.
What every side reports
- UK revenue topped £100m in 2025, up 3%.
- The UK operating loss was £5.8m.
- UK Ebitda was £8.5m.
- The group has 34 UK restaurants and 102 worldwide.
- 22 Bishopsgate was named the 'star performer' by CEO Andy Wenlock.
- The Netflix documentary 'Being Gordon Ramsay' helped bookings.
Where accounts differ
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Direction of UK earnings (Ebitda) of £8.5m
- Centre
- The Evening Standard says they were up 4% year on year, a record.
- Right
- City A.M. says they slipped 29% year on year.
Gordon Ramsay person
Ramsay's group presents the year as a success, helped by the Netflix documentary about him.
“Ramsay was the subject of Netflix documentary Being Gordon Ramsay, which aired in February” — Evening Standard
22 Bishopsgate organisation
The group calls 22 Bishopsgate its star performer, with five restaurant experiences in one venue.
“22 Bishopsgate was the “star performer, with five restaurant experiences in one venue”” — Evening Standard
Left0 articles
No coverage yet.
Centre1 article
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Gordon Ramsay’s restaurant empire boosted by ‘star performer’ 22 Bishopsgate
Mixed Upbeat account of an empire boosted by Bishopsgate and Netflix, noting the operating loss and reporting record earnings.

Right1 article
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Gordon Ramsay restaurants top £100m as Bishopsgate ‘star performer’
Neutral Business-press account of the results with the City location and ownership context, reporting UK earnings as down.

- 2 Oct 10:21 First City A.M.RC Gordon Ramsay restaurants top £100m as Bishopsgate ‘star performer’
- 2 Oct 13:57 +3h 36m Evening StandardN Gordon Ramsay’s restaurant empire boosted by ‘star performer’ 22 Bishopsgate
Times are when each article was published, or when we first saw it if the outlet gave no time.