Irish shares fell sharply as investors took fright as British prime minister Boris Johnson said he would seek an election if MPs fail to back his new Brexit deal in the coming days.
Irish shares fell sharply as investors took fright as Boris Johnson said he would seek an election if MPs fail to back his new Brexit deal in the coming days.
Premier Inn owner Whitbread, which is now focused on the hotel business after the sale of its Costa Coffee chain, reported lower-room revenue over the past three months as companies cut back on business travel.
Premier Inn owner Whitbread has revealed a sharp drop in UK sales as Brexit uncertainty continues to take its toll on business travel.
Whitbread said underlying sales at its Costa Coffee chain recovered over the last three months and its Premier Inn hotel brand continued to grow, sending shares in the company 3% higher.
Whitbread, an operator of hotels, restaurants, and coffee shops, stood by its expansion plans in the UK and international markets, after posting a near 12% rise in full-year profit.
Thursday, September 24, 2020 - 10:00 PM
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