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"Patisserie Valerie" News 
New Patisserie Valerie owners put butter back in cakes   Patisserie Valerie 'so cash-strapped it stopped using butter in puff pastry'  

Patisserie Valerie 'so cash-strapped it stopped using butter in puff pastry'

patisserie valerie 'so cash-strapped it stopped using butter in puff pastry'
The bakery chain laid off 900 workers after a sudden £100million black hole was found in its accounts in January
Tamworth Herald - Published

New Patisserie Valerie owners put butter back in cakes

new patisserie valerie owners put butter back in cakes
Causeway Capital acquired the chain after alleged fraud left a multi million-pound hole in its accounts.
BBC News - Published

Videos for "Patisserie Valerie"

Patisserie Valerie in Salisbury closed as chain goes into administration [Video]Patisserie Valerie in Salisbury closed as chain goes into administration

Patisserie Valerie in Salisbury in the UK was closed on Wednesday, a day after the chain went into administration.

Credit: Rumble     Duration: 00:34Published


Luke Johnson denies knowledge of Patisserie Valerie fraud

Former chairman of high street café chain returns as Sunday Times business columnist
FT.com - Published

Ex-Patisserie Valerie boss 'felt like emigrating'

ex-patisserie valerie boss 'felt like emigrating'
Luke Johnson, the bakery chain's former chairman, says he also feared becoming a "pariah" in business.
BBC News - Published

KPMG criticised over Patisserie Valerie conflict of interest

Bakery chain’s creditors and shareholders attack firm for taking on administrator role
FT.com - Published

UK: Nicola Sharp Of Business Crime Solicitors Rahman Ravelli Considers The Possible Legal Developments And Increasing Financial Problems At Patisserie Valerie - Rahman Ravelli Solicitors

Recently-published documents have stated that the accounting black hole affecting troubled café' chain Patisserie Valerie is now at least £94M – more than double the previous estimate.
Mondaq - Published

Patisserie Valerie overstated total financial position by £94m

KPMG report finds café chain’s initial estimates overstated cash position by £54m
FT.com - Published

Patisserie Valerie black hole grows to £94m

patisserie valerie black hole grows to £94m
The cafe chain's deficit is larger than first thought and may warrant further legal action, a report says.
BBC News - Published

Inheritance tax Isas — a recipe for disaster?

Patisserie Valerie scandal and fears over future of business property relief weigh on returns
FT.com - Published

UK: Prevention And Investigation – The Ingredients For Tackling Workplace Fraud - Rahman Ravelli Solicitors

With fraud allegations engulfing Patisserie Valerie, Nicola Sharp of business crime solicitors Rahman Ravelli emphasises the importance of preventing fraud and investigating any suspicions of it.
Mondaq - Published

New Patisserie Valerie owner insists it can rebuild

Private equity firm Causeway Capital says all 96 remaining cafés trading profitably
FT.com - Published

We did the Patisserie Valerie v Greggs £10 taste test

we did the patisserie valerie v greggs £10 taste test
Patisserie Valerie and Greggs in Exeter may be separated by the narrowest street in Britain, but fortunes for the two bakeries are poles apart.
Exeter Express and Echo - Published Also reported by •North Devon JournalWestern Morning NewsTiverton Mid Devon GazetteTorquay Herald Express

Patisserie Valerie’s ousted chief takes action against new owner

Steve Francis says Causeway Capital made ‘baseless allegations’ about his conduct
FT.com - Published

New Patisserie Valerie directors leave weeks after rescue

Chief executive and chief commercial officer shown exit by private equity backers
FT.com - Published

Deal agreed to bring cafe chain Philpotts out of administration

It is a separate deal to the one that saved Patisserie Valerie
Nottingham Post - Published

Six face arrest over cake shop chain fraud

Six people face arrest over the £40 million fraud at cake shop chain Patisserie Valerie, according to a report in the Sunday Times. The newspaper said that up to six people appeared to be culpable,..
Brighton and Hove News - Published

Fate of Lincoln Patisserie Valerie store revealed

fate of lincoln patisserie valerie store revealed
Thousands of jobs had been in jeopardy across the country
East Lindsey Target - Published Also reported by •Sleaford TargetRetford TimesBoston TargetLincolnshire Echo

Cafe boss announces Brighton branch is to close

THE Brighton branch of Patisserie Valerie will close despite the company being bought out of administration by an Irish private equity firm, safeguarding nearly 2,000 jobs.
The Argus - Published

Future bright for Bath's Patisserie Valerie as Irish investor steps in

It's good news for around 2,000 employees
Blackmore Vale - Published

Patisserie Valerie sells Baker & Spice to cafe chain Department of Coffee & Social Affairs

Sale comes days after Patisserie Valerie was rescued by Irish investment firm
Independent - Published

Patisserie Valerie is bought

Cafe chain Patisserie Valerie has been bought out of administration in a management buyout that is being backed by Irish private equity firm Causeway Capital.
Express and Star - Published

Patisserie Valerie administrators sell off Baker & Spice cafés

FT.com - Published

Patisserie Valerie ‘rescue’ leaves more than face lost

Deal saves 2,000 bakers and waiters, but already some 900 jobs have gone and 71 stores closed
FT.com - Published

Cambridgeshire's Patisserie Valerie cafes saved after chain is bought by Irish company

cambridgeshire's patisserie valerie cafes saved after chain is bought by irish company
The firm was facing bankruptcy after fraudulent activity was discovered in its accounts
Cambridge News - Published

Over 100 Patisserie Valerie stores have been saved - including the only one left in Gloucestershire

The last store in Gloucestershire is one of the 117 saved
Gloucester Citizen - Published Also reported by •Stroud Life

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