Almost 1,000 jobs were cut by Britannia Hotels as it lost nearly £10m and its turnover slumped by more than £80m during its latest financial year. The chain has been ranked the worst in the UK for nine years in a row.
According to newly-filed documents with Companies House, the Cheshire-headquartered business posted a pre-tax loss of £9.5m for the 12 months to March 31, 2021, compared to a profit of £13.7m in the prior year.
Its turnover also fell from £120.4m to £38.3m over the same period.
