Whitbread says UK business rates freeze to cut FY28 rate bill to £7.5m-£12.5m

Whitbread PLC said the UK government's decision to freeze business rates for hospitality businesses in England will have a material positive impact on its financial performance. The company estimates its total business rate payments will now rise by only £7.5 million to £12.5 million in FY28, versus a prior consensus expectation of about £35 million.

Detected & updated continuously · Source: Nebula