Isle of Wight Beefeater closure risk after Premier Inn owner plan

Medina Quay Beefeater in Seaclose could close under new plans announced by Premier Inn's owners, Whitbread <i>(Image: IWCP)</i>
Medina Quay Beefeater in Seaclose could close under new plans announced by Premier Inn's owners, Whitbread (Image: IWCP)
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The future of the Beefeater branch on the Isle of Wight is in doubt after Premier Inn's owners announced plans for mass job cuts and an overhaul of its restaurant model.

Medina Quay Beefeater, on Seaclose in Newport, could close under a new five-year strategy by Premier Inn's parent company, Whitbread.

The hospitality group announced plans to cut around 3,800 jobs nationally to make £250 million in cost savings.

Whitbread also announced plans to replace its 197 restaurants with an 'integrated food and drink model' - casting the future of the Medina Quay restaurant into doubt.

The company has announced the measures in light of pressures from business rates and national insurance contributions and said the reduction in workforce was subject to employee consultation.

Chief executive Dominic Paul said the plan will transform the company into a 'higher-margin, higher-returning pure-play hotel business'.

The hospitality group was approached for comment by the County Press over potential job losses and the restaurant's closure.

Whitbread said its proposal is still under consultation so no further local detail could be provided.

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