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HomeBusinessPremier Inn Owner Whitbread Cuts Costs, Hotels, Jobs to Boost Investor Buybacks

Premier Inn Owner Whitbread Cuts Costs, Hotels, Jobs to Boost Investor Buybacks

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Premier Inn Owner Whitbread Cuts Costs, Hotels, Jobs to Boost Investor Buybacks

Morning, I'm Louise Moon from Bloomberg UK's breaking news team, bringing you up to speed on today's top business stories. Premier Inn owner Whitbread is embarking on an overhaul sparked by activist pressure. Essentially, it's cutting back on spending and selling hotels to reward shareholders. The …

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