Premier Inn owner Whitbread warns on impact of UK property tax

Whitbread warned that UK budget measures will cost the Premier Inn owner £40-50 million next fiscal year due to increased business rates on commercial properties. The company’s CEO expressed extreme disappointment, stating the changes are a “hammer blow” to their business and the wider hospitality industry. Despite this, Whitbread maintained its fiscal 2026 outlook.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation