US activist investor urges Whitbread review after budget tax changes Corvex says Premier Inn owner should rethink strategy as company braces for business rate changes next year The Guardian - UK · Dec 18, 2025
Stocks end winning week up despite hit for Premier Inn owner Whitbread Whitbread slid 11% after warning that changes to business rates in Wednesday’s Budget will materially increase costs in the next financial year. Evening Standard · Nov 28, 2025
Premier Inn owner’s costs to rise by up to £50m after business rates changes Whitbread is among hotel owners to be hit hard by changes in valuations linked to next year’s business rates payments. Evening Standard · Nov 28, 2025
Pub chain Mitchells & Butlers faces £130m hit from rising wage and food costs Group, which also owns restaurant brands including Toby Carvery, feels impact of increase in employer NICs The Guardian - UK · Nov 28, 2025
FTSE 100 closes higher despite sluggish economic growth The tepid progress for the economy recently could prompt the Office for Budget Responsibility to downgrade its economic assessment. Evening Standard · Oct 16, 2025
Premier Inn sales slip in UK despite boost from Oasis gigs Hospitality group Whitbread said it shaved millions of pounds off of its cost base in a bid to mitigate higher labour costs and food inflation. Evening Standard · Oct 16, 2025
Premier Inn investors hoping for summer boost amid rising hotel prices Whitbread, which also owns the Beefeater and Brewers Fayre chains, will publish its half-year financial results on Thursday. Evening Standard · Oct 10, 2025
Coca-Cola Considers Selling UK's Costa Coffee In Shock £2bn Move — Just Years After £3.9b Takeover Coca-Cola is considering selling Costa Coffee for £2B, nearly half of what it paid in 2018. Talks with Lazard and potential bidders are underway as the coffee chain faces rising costs and competition. International Business Times UK · Aug 25, 2025
Coca-Cola in talks about cut-price £2bn sale of Costa Coffee American owner said to be working with bankers on review of chain, which has more than 2,000 UK outlets The Guardian - UK · Aug 24, 2025
Whitbread sales under pressure amid overhaul and tough UK market The group saw first-quarter accommodation sales fall 2% while food and drink plunged 16%. Evening Standard · Jun 19, 2025
FTSE 100 nudges up ahead of Fed decision following broadly expected CPI data The oil price fluctuated, with the Israel-Iran conflict entering its sixth day. Evening Standard · Jun 18, 2025
Plans submitted for 102-bedroom Premier Inn in Scottish city centre Plans to transform an old office building in Edinburgh’s city centre into a 102-bedroom Premier Inn have been submitted The National (Scotland) · Jun 17, 2025
Premier Inn owner appoints Severn Trent boss as new chairwoman Christine Hodgson joins partway through a five-year growth plan at the company, which involves building thousands more hotel rooms. Evening Standard · May 27, 2025
FTSE 100 Live 27 May: Index nears record, BAE Systems and Rolls-Royce continue strong run Buyers kept Rolls-Royce and BAE Systems in their sights today as the FTSE 100 index advanced another 1% to trade within reach of March’s record high. Evening Standard · May 27, 2025
The Independent UK · May 15, 2025 Controversial hotel approved for Cornwall beauty spot despite local anger One councillor said ‘local democracy has been thrown out of the window’ after the decision
Evening Standard · May 15, 2025 Controversial hotel approved in St Ives despite fierce local opposition Cornwall Council had originally refused planning permission for the 90-room Premier Inn at St Ives last year.
Evening Standard · May 1, 2025 FTSE 100 holds on to gains as US stocks boosted The index managed to claw back losses from earlier in the day to gain 1.95 points, or 0.02%, to close at 8,496.8.
The Guardian - UK · May 1, 2025 Profits fall at Premier Inn owner Whitbread on drop in UK bookings Shares rise on promises to return £2bn to investors through buybacks and dividends, and more hotel openings
Evening Standard · May 1, 2025 Whitbread profits slide amid restaurant closures and ‘softer’ UK demand The company, which also owns Beefeater restaurants, told shareholders that adjusted pre-tax profits fell by 14%.
The Guardian - UK · Apr 29, 2025 Jane Gardam obituary Prolific novelist and short-story writer with a taste for the absurd
The Independent UK · Jan 16, 2025 Premier Inn owner’s sales drop as it converts restaurants to hotel rooms Whitbread saw a 2% dip in quarterly sales amid a £500 million revamp of its estate of restaurants across the UK.
The Guardian - UK · Nov 10, 2024 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’
Evening Standard · Nov 4, 2024 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.
The Guardian - UK · Oct 16, 2024 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 · Aug 14, 2024 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