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Premier Inn owner Whitbread is to cut 1,500 jobs at its restaurants as it converts food locations into hotel rooms or sell them, as the business increasingly becomes almost entirely a hotels company.The 282-year-old business announced its “accelerating growth plan” today after its latest financial results, which were driven by more strong performance from Premier Inn.But its food and beverage arm, which includes Beefeater, Bar + Block and Brewers Fare, did not match the same performance, with sales down 2%. As a result, Whitbread announced it would drastically scale back its food operations to become even more of a hotels business.
Premier Inn owner Whitbread to cut 1,500 jobs at struggling restaurants arm
⏲ 1:2 👁 44.1M
LYFE Accounting
How to File Your Taxes as a LLC Owner in 2024 [Step-by-Step]
⏲ 9 minutes 49 seconds 👁 112.3K
not waiting to live
Don't Ask for Out the Door Price on a Car (You're Wasting Money)
⏲ 9 minutes 👁 10.8K
There’s an easy and effective way savers can minimize the damage of a retirement tax bomb. It all starts with making one simple shift in your retirement savings contributions.
Ways Retirees Can Defuse A Retirement Savings Tax Bomb
⏲ 3:0 👁 4.3M
Car Help Corner
10 Car Dealer Fees You Should NEVER Pay - Avoid These Rip Offs!
⏲ 11 minutes 31 seconds 👁 53.9K
Gabrielle Talks Money
ACCOUNTANT EXPLAINS Should You Buy, Finance or Lease a New Car
⏲ 14 minutes 24 seconds 👁 1.1M
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 7.5M
Leasehackr
How to lease a car like a pro using Leasehackr Calculator!
⏲ 10 minutes 20 seconds 👁 58.9K
ClearValue Tax
How to Pay Less Taxes to The IRS | Accountant Explains
⏲ 14 minutes 30 seconds 👁 223.8K
Mike Tyson, the former heavyweight champion and cannabis mogul (with ear-shaped gummies) tells Forbes how pot changed his life—and the secret weapon that will help him smoke Jake Paul in their fight.<br/><br/>While Iron Mike was prone to being his own hype man as a fighter, he’s not far off with his claims about his budding cannabis company. Tyson 2.0 sells marijuana products—including flower, vapes and edibles made in the shape of Evander Holyfield’s ear, which Tyson notoriously bit during a 1997 match—in 20 states across the U.S., and in Amsterdam, Barcelona and Thailand. The company, through a partnership with PHCANN International in Macedonia, is in the process of launching in Germany’s newly legalized adult-use market as well as the U.K.’s highly restrictive medical marijuana industry.<br/><br/>Tyson 2.0 works off a licensing model, cutting deals with franchisees who grow, manufacture, and sell his branded cannabis products. In 2023, the brand generated $150 million in revenue, Forbes estimates, with about 30% coming from cannabis sales and the rest from accessories, CBD, nicotine vaporizers and other products.<br/><br/>Tyson 2.0’s flower is branded with names drawn from his legendary boxing career, including Dynamite Cookies (his first nickname was Kid Dynamite) and Knockout OG (Tyson won 44 of his 50 boxing career wins by KO). But the company’s flagship product Mike Bites—the edible in the shape of Holyfield’s half-bitten ear—was developed by Tyson’s wife, Kiki.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/willyakowicz/2024/04/26/mike-tyson-on-becoming-a-heavy-hitter-in-weed/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Mike Tyson On Taking A Bite Out Of The Cannabis Industry | Forbes
⏲ 10:37 👁 150M
CarEdge
How to find the DEALER INVOICE price of a car, and how to use it in negotiations with a dealer
⏲ 18 minutes 38 seconds 👁 244K
Car Titles
Do I have to pay sales tax on my vehicle title?
⏲ 1 minute 32 seconds 👁 3.6K
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