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Premier Inn owner Whitbread sees profits plunge despite selling more rooms as costs soar

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PREMIER INN owner ­Whitbread saw pre-tax profits plummet despite selling more rooms — owing to rising costs and a business overhaul.  Bosses at the chain, which has ditched its branded restaurants to focus more on hotels, saw a 62 per cent plunge to £109million in the six months to August 27.  Latest figures included £178million…

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