Whitbread to split Costa Coffee from group following activist pressure
Whitbread has bowed to pressure from an activist investor and announced that it will spin off Costa Coffee into a separately listed business.
TGI Fridays
Costa owner Whitbread rises on break-up talk following Elliott stake disclosure
Shares in Whitbread rocketed on Monday after activist investor Elliott revealed it has become the firm’s largest shareholder, with pressure expected to be applied to break up the Costa Coffee and Premier Inn owner.
TGI Fridays hit by first ever strike ballot over pay and tips
Workers at restaurant chain TGI Fridays are to be balloted for strikes in a dispute over wages and tips.
Wagamama, TGI Friday’s and Marriott shamed as ‘minimum wage dodgers’
High street chains Wagamama and TGI Friday’s, along with hotels giant Marriott, have topped a list of firms “named and shamed” by the Government for failing to pay workers the national minimum wage.