Two Peterborough restaurants set to close as owner confirms plans to cut 3,800 jobs
Premier Inn owner Whitbread has announced a new five-year cost-cutting plan
Peterborough’s Beefeater Granary and The Hampton Brewers Fayre restaurants could face closure after their owner announced plans to cut 3,800 jobs over the next five years.
Premier Inn owner Whitbread yesterday confirmed the plans as part of a new five-year strategy to save £250m and overhaul its restaurants.
Under the plans Beefeater, as well as Brewers Fayre and Table Table, will be phased out.
This could result in the closure of 197 restaurants across the UK.
A spokesperson for Whitbread said: “This change will involve exiting all of our remaining branded restaurants, which trade under brands including Beefeater and Brewers Fayre, a number of which will be converted into approximately 600 additional Premier Inn rooms, with the remainder expected to be sold as going concerns.”
Peterborough’s Beefeater restaurant is located in Orton Meadows, next to a Premier Inn hotel.
The Hampton Brewers Fayre is also located next to a Premier Inn.
Whitbread said the plans to reduce its 30,000-strong workforce were subject to employee consultation, and that it expects to retain a significant proportion of those affected through redeployment.