Whitbread rises on expecting lower impact from UK property rate hike

Whitbread

13/01/2026 08:28

** Shares of Premier Inn owner Whitbread WTB.L jump 4.18% to 2,692p

** WTB expects lower-than-anticipated hit from business rate hikes announced in UK's autumn budget

** Group now expects measures to result in ~35 mln pounds ($47.1 mln) impact in fiscal 2027 vs earlier estimate of 40 mln-50 mln pounds

** Adds, confident in full-year outlook and reaching profitability this year

** In 2025, stock fell ~15%

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))