Brief: Rank Group Reviewing Various Mitigating Actions For UK Digital Business
Nov 26 (Reuters) - Rank Group PLC RNK.L: RANK GROUP PLC - IMPACT OF THE AUTUMN BUDGET RANK GROUP - TOTAL ANNUALISED IMPACT OF ADDITIONAL COSTS ON THE GROUP'S OPERATING PROFIT IS A REDUCTION OF C.£40M BEFORE MITIGATION RANK GROUP - NATIONAL MINIMUM WAGE INCREASE TO £12.71 ADDS £5.5M COST IMPACT TO CO RANK GROUP: GROUP REVIEWING VARIOUS MITIGATING ACTIONS FOR UK DIGITAL BUSINESS RANK GROUP: EXPECTS TO OPERATE WELL WITHIN ITS FINANCIAL COVENANTS Further company coverage: RNK.L