Rick Stein coffee shop closes in Cornwall as his restaurant empire suffers mounting losses after Rachel Reeves’ NI tax raid

Rick Stein’s café in Cornwall closed its doors permanently in the midst of a customer drop in the restaurant empire of the chain.

Eatery was closed with a spokesman on Wednesday and added that one of the chef’s fighting food branches in Wiltshire this week could be closed well.

Rick Stein Café is sitting in the heart of Padstow, which is called ‘Padstein’ because of the number of businesses that Mr. Stein has in the town: 13 years in the last 50 years.

The Rick Stein group confirmed that the closure of the café was permanent and that three personnel members were re -deployed.

Mr. Stein’s restaurants, hotels, shops, cook schools and online enterprise saw revenues last year – Chancellor Rachel Reeves calls the ‘pressure’ to facilitate the pressure between employers’ tax raid.

In an recent interview, Mr. Stein was afraid of the chancellor’s budget.

“People do not go out because the economy does not seem very good, so the only thing you don’t want to do is to apply a heavy tax on the industries that produce something. ‘

Rick Stein Group spokesman Cornwall Live said: ‘We can verify that we have closed our small coffee shops permanently.

The Rick Stein group confirmed that the closure of the café was permanent and that three personnel members were re -deployed. CAFE IN PICTURE

The famous chef opened his first dining business in the town in 1975 – but for decades of footprints for decades with more than one restaurants, cafes, delis, cook schools and other commercial interests

‘Rick Stein’s Michelin Bib Gourmand Café offers the same coffee from Rick’s travels and many locally supplying, fresh, dinner menu with passion for simple materials and dinner menu, as well as Cornish Roasters, Origin coffee.

The closure of the Café comes when Rick Stein Group is currently consulting to close his restaurant in Marlborough in Wiltshire.

Rick Stein Marlborough spokesman said: ‘We can confirm that we suggest that our Marlborough restaurant be closed and that we consult the team to discover that it cannot be avoided.

‘Our other restaurants and rooms continue to trade well, but this special site did not provide the same level of return.’

The famous chef opened his first food business in the town in 1975 – but for decades, he increased his footprint with more than one restaurants, cafes, delis, cook schools and other work interests.

He was renamed as ‘Padstein’ with gifts and bookstores full of goods.

The town is home to 2,500 people, but the second hosts and tourists flocked there, while this number doubles in the summer months.

The locals say that Stein’s influence is both a blessing and a curse – increasing tourism trade, and at the same time walking prices and local businesses.

Mr. Stein, Mrs. Reeves’ autumn budget to be gathered against many hospitality business owners, and the tax hike, because of the current situation of the economy, people came less at a time, he said.

Stein even became a ‘terrorist’ group known as the National Liberation Army, who threatened the restaurants of the local people by increasing their living costs.

As popularity increased with a cost of more than 750 thousand £ more than London last year, the popularity of an average property increased rapidly in the town.

And Stein’s growing monopoly visitor is described as ‘medieval’ – the flock of holidaymakers liken ‘brainless sheep’.

However, income in the seafood restaurant (Padstow) increased by £ 1.3 million in 2024 to £ 18.9 million, while pre -tax losses rose from £ 204,000 to £ 459,000.

Steins Trading, the chef’s other company, fell to £ 30.4 million, including a 5.4 percent decrease, including total revenues in the restaurant business.

Ms. Reeves’s decision to increase the national insurance contributions made by employers (NIC) has reacted from the hospitality sector last October. An annual raid of 20 billion pounds is one of the largest tax collection measures in history.

As of April 2025, NICs rose from 13.8 percent to 15 percent, while the level of employers began to pay NIC’S at the level of £ 9.100 to £ 5,000.

Mr. Stein Autumn budgetThe tax hike warning came at a time when people went out less due to the current situation of the economy.

Approximately 90,000 work has disappeared in the hospitality sector since the chancellor announced its comprehensive tax raids.