Losses at the luxury restaurant chain founded by celebrity designer Sir Terence Conran have widened following an abandoned stock market flotation.
D&D London, which owns the Bluebird and Michelin-starred Angler, took a £2.7million hit for professional fees and other costs after scrapping an IPO.
That drove the company, which owns and operates 35 high-end restaurants and a hotel, to record a loss of £4.8million for the year to March 31, up 77.8 per cent from £2.7million a year earlier.
Losses: The D&D London restaurants group, which owns the Bluebird and Michelin-starred Angler, was founded by celebrity designer Sir Terence Conran
However it posted a 3 per cent rise in turnover to £107.8million, up from…