Shares in hospitality group Whitbread (WTB) fell to a five-year low after its business review failed to resonate with the market. The firm aims to ‘refocus’ its capital spend and ‘recycle’ more of its freehold estate to raise margins and cash. More focused approach In light of significant cost increases, including business rates and NI, … Continue reading Whitbread hits five-year low as revamp fails to impress