Belfast Telegraph

Shares slump at Costa parent firm

Sign of weaker demand for hotel bookings knocked shares in Costa Coffee owner Whitbread despite a revival at its Beefeater chain.

Whitbread's Premier Inn arm also saw sales grow 2.6% in the 13 weeks to December 1. However, shares fell by up to 5% after the update fuelled concerns about the impact of economic turbulence.

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