Rick Stein’s group is one of the largest private sector employers in Cornwall - Andrew Crowley Rick Stein’s restaurant empire has been hit by mounting losses and falling customer numbers as it grapples with the impact of Rachel Reeves’s tax raid on employers. The TV chef’s Cornwall-based restaurants, hotels, shops, cookery school and e-commerce business saw revenues fall and losses widen last year. Revenues at the Seafood Restaurant (Padstow), Mr Stein’s company, dropped by £1.3m to £18.9m in 2024. Pr ...