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The Latest Breaking News from Whitbread

NICs rise will force businesses to close, warn hospitality bosses

More than 200 leading restaurant, pub and hotel companies say tax rises will cause ‘unprecedented damage’

The Guardian - UK

FTSE 100 Live 04 November: Index rises ahead of election and rate decisions, Ryanair profit falls

Investors are braced for volatility as they await the outcome of the US election and this week’s meetings of the Bank of England and Federal Reserve.

Evening Standard

Premier Inn owner Whitbread ramps up cost-cutting plans as tax rise looms

Firm’s profits fall 22% and demand slows, with hospitality sector bracing for employer tax increase in budget

The Guardian - UK

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Joan Brady obituary

Author of Theory of War, inspired by her grandfather’s experience of slavery in the US, which won the Whitbread book of the year award in 1993

The Guardian - UK

Union slams hospitality firm over 'plans to cut 200 jobs in Scotland'

A TRADE union has slammed a hospitality giant following reports of plans to axe 200 jobs in Scotland...

The National (Scotland)

Workers at Premier Inn owner protest at AGM against plans to cut 1,500 jobs

Unite union also considering employment tribunal claims for unfair dismissal against Whitbread

The Guardian - UK

FTSE 100 Live 18 June: Hargreaves Lansdown surges on new bid, index higher

The UK’s inflation rate today slowed to 2%, its lowest level in almost three years.

Evening Standard

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France now ‘most unloved’ European stock market; Le Pen victory would push up French debt, warns Goldman Sachs – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Beefeater owner threatened with legal action over plan for 1,500 job cuts

Union claims Whitbread, which also owns Premier Inn, has not consulted properly with restaurant staff

The Guardian - UK

My future is bleak: can I go on without the all-you-can-eat unlimited Premier Inn breakfast?

With the chain selling off 126 restaurants, I’m worried. Will I be able to get the bottomless glasses of orange juice I need, asks writer Rich Pelley

The Guardian - UK

Premier Inn owner Whitbread to cut 1,500 jobs and shut 100-plus restaurants

Moves come despite hospitality group reporting record profits and increasing returns to shareholders

The Guardian - UK

£2 million converted pub in Stoke Newington with the bar still in the living room

The property dates from the 1850s and was formerly the Earl of Warwick pub

Evening Standard

Premier Inn room rates soar as budget hotel era ‘evaporates’

Whitbread says average London room prices have jumped 30% to £112 amid influx of people to capital

The Guardian - UK

Premier Inn owner surpasses pre-Covid profits as travellers seek deals

Whitbread beats analysts’ expectations, reporting £375m in pretax profits for year to 3 March

The Guardian - UK

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Evening Standard

Premier Inn owner Whitbread expects coronation boost after Westminster hotels sell out in 15 minutes

The hotelier’s profits rocketed to above pre-pandemic levels last year

Evening Standard

FTSE 100 Live: ‘Unease is spreading across the banking sector again’; FTSE closes at 7,891.13

GSK, housebuilder Persimmon and the consumer products group Reckitt Benckiser are among the blue-chips updating investors today.

Birmingham Post

Bristol Premier Inn hotel could be replaced by huge tower blocks under proposed plans

The hospitality chain’s parent firm Whitbread said it had decided to sell off the site due to the building’s age and maintenance costs

Bristol Post

City centre hotel to be demolished for what could be Bristol's tallest building

It's the latest tower block plan for Bristol city centre

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Birmingham Post

Premier Inn submits St Ives hotel plans for care home site

The national chain’s parent company Whitbread said the £10m accommodation could create jobs and bring millions of pounds into the local economy

The Guardian - UK

UK pubs and restaurants toast festive sales surge despite cost pressures

People felt confident to gather for first time since Covid according to Whitbread and Mitchells & Butlers

Manchester Evening News

City centre hotel demolition to make way for new skyscraper with huge art piece

A 38-storey student tower, 13-storey office block and nine-storey piece of artwork would replace the city centre Premier Inn

The Independent UK

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

Hotel chain reports profits of more than £300m in first half of financial year

Evening Standard

Premier Inn expansion ‘helped by fast decline of smaller hotels’

The company said the independent hotels’ struggle for survival created a “favourable market backdrop” that provided “increased opportunity for Premier Inn to grow market share”.

The Guardian - UK

Whitbread warns of £60m increase in costs due to inflation

Premier Inn and restaurant chains owner reports profit bounceback to pre-Covid levels

Birmingham Post

Premier Inn unveils St Ives hotel plans for care home site

The national chain said, if approved, the proposed hotel could create jobs and generate millions of pounds for the local economy

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