Does anyone remember the original Patisserie Valerie on Old Compton Street in Soho? I occasionally went there for coffee or to buy some cakes to take away.
It was sold by descendants of the founders in 1987 and grew to be 9 shops when the business was sold in 2006. By the time the company failed in 2019 it had grown to 192 shops.
The then CEO, his wife (an accountant) and 2 other financiers have been charged with fraud by the SFO. They will appear in court next month. t has taken nearly 5 years to get to this stage and it is to be hoped that future investigations can be dealt with more quickly.
Anyway, it's good news that the destroyers of a once loved cake shop are being brought to book.
The business still continues following a management buyout in 2019 and apparently you buy some of their cakes in Sainsburys!
What did you you think you would have by your current age that you don't?
Govt announces Ukrainian style scheme to bring thousands more migrants to UK
