FTSE 100 Live: GDP ‘stumbles’ to end of year, Premier Inn owner’s earnings dip October 16, 2025 Good morning from the City AM liveblog team. Amid all the doom and gloom, it was a moment to cheer for bankers in the Square Mile yesterday. Rules governing bonuses are getting relaxed, which could lead to a tastier payout come the new year. The new rules will allow part-payment of bonuses for the most [...]
Premier Inn investors eye Oasis boost in earnings report October 11, 2025 Investors in Premier Inn’s owner will be hoping the UK’s largest hotel chain has been given a summer boost on the back of rising hotel prices and fans flocking to UK concerts. Whitbread, which also owns the Beefeater and Brewers Fayre chains, will publish its half-year financial results on Thursday. A group of analysts for [...]
Premier Inn owner Whitbread sees UK sales falter amid shake-up of pub business June 19, 2025 Hospitality giant Whitbread has reported a downturn in UK sales amid a “challenging market backdrop” and a restructure of its pub and restaurant business. The Premier Inn-owner told markets this morning that overall sales in the UK fell five per cent in the first quarter of the financial year, driven by a 16 per cent [...]
Robot hoovers on the menu as Premier Inn owner counts cost of Budget January 16, 2025 Whitbread, the hospitality chain which owns Premier Inn, could see UK costs increase by more than £100m following the Autumn Budget. In a statement on the London Stock Exchange, the firm warned of gross UK cost inflation of between five and six per cent on a £1.7bn cost base, when factoring in the impact of [...]
Badenoch claims Reeves’s Budget was designed to ‘milk private sector’ November 13, 2024 The Labour government’s “ideological” Budget was “designed to milk the private sector”, Tory leader Kemi Badenoch has claimed. Quizzing Sir Keir Starmer during Prime Minister’s Questions (PMQs) today, the Conservative leader accused the Labour leader of “having nothing to offer but platitudes”. She said: “Their ideological Budget was designed to milk the private sector and [...]
Premier Inn owner Whitbread raises dividend despite slower growth October 16, 2024 Premier Inn and Beefeater owner Whitbread has raised its interim dividend and announced a share buyback despite flat revenue. The hotel and restaurant chain told markets this morning that revenue was unchanged year on year in the six months ended 29 August at £1.57bn. It has raised its interim dividend seven per cent to 36.4p [...]
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter June 18, 2024 Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK.
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business April 30, 2024 Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
Whitbread plots sale of underperforming restaurant and pub sites March 24, 2024 Whitbread, the owner of Premier Inn Hotels, has drafted in advisers to sell around a third of its worst performing Beefeater and Brewers Fayre pubs, The Times has reported.
Whitbread: Premier Inn owner keeps beating rivals as London hotel occupancy soars January 11, 2024 Whitbread said overall food and beverage sales for the third quarter was at £187.9m, lower than the previous two quarters