Moves come despite hospitality group reporting record profits and increasing returns to shareholders
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The Premier Inn owner Whitbread is to cut 1,500 jobs in the UK and shut more than 100 struggling restaurants despite announcing a significant rise in returns to shareholders.
Whitbread, which runs 850 hotels in the UK and has the sector’s biggest brand, Premier Inn, said it was starting a consultation on the cuts on Tuesday and that it would seek to find alternative jobs for those affected.
