A Stoke Gifford restaurant has been named as one of four around Bristol in the Beefeater chain that have been earmarked for closure.
The Gifford Beefeater restaurant, which is linked to the neighbouring Premier Inn hotel, is one of 200 in the Whitbread chain named for closure across the UK as part of a swathe of money-saving costs for the chain. The parent company is hoping to save a quarter of a billion pounds as a result of the 200 closures.
Whitbread has blamed Chancellor Rachel Reeves’ budget for the closures, with chief executive Dominic Paul saying the move was necessary “in light of significant cost increases in the form of business rates and National Insurance”.
Mr Paul said: “We plan to convert all our remaining branded restaurants to an integrated food and beverage offer that is preferred by our hotel guests and will unlock the addition of more highly profitable extension rooms.
“Our continued efforts to drive our commercial plan and efficiencies will extend our market-leading position and allow us to take share from our competitors, many of which are struggling to grow.”
