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The Independent UK
The Independent UK
National
Aisha Rimi

Premier Inn owner warns of costs soaring by £60m because of inflation

Reuters

Premier Inn owner Whitbread has warned its costs have risen by £60m due to inflation, as the business recorded a first-half profit above pre-pandemic levels.

The hotel operator reported pre-tax profits of £307m in the six months to the end of September. This compares to profits of £19.3m in the same period last year, and £220m before the pandemic.

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