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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 👁 52M

Joefessor

Deferrals & Accruals | Deferred Revenue, Deferred Expense, Accrued Revenue & Accrued Expense

⏲ 16 minutes 2 seconds 👁 13.1K

Mergers u0026 Inquisitions / Breaking Into Wall Street

Why Deferred Tax Liabilities Get Created in an M&A Deal

⏲ 13 minutes 24 seconds 👁 27.6K

Mercedes-Benz will pursue a differentiated strategic approach with its vans in the future. As presented last year (2023), the company is aiming for a premium strategy for its commercial vans. In the future, a focused luxury strategy will apply to all newly developed, privately positioned vans, as is the case for all Mercedes‑Benz passenger cars. The aim is to fully implement this strategic change with the introduction of the upcoming modular and scalable Van Electric Architecture – VAN.EA for short – from 2026. The new private midsize vans EQV and V-Class are an important milestone on this path. Both are further elevated with new exterior and interior designs. There is also an increase in comfort and safety, especially thanks to more intelligent, digital networking. The models have been available to order from Mercedes‑Benz sales partners and online since January 2024. The standard equipment has been comprehensively upgraded and thereby tailored more precisely to customer requirements. The new V-Class starts at a list price of 59,470.25 euros, the new EQV from 75,281.78 euros. The new V-Class also forms the basis for the V-Class Marco Polo camper van, which is offered ex factory. It starts at 80,004.89 euros1 and adopts the model's attractiveness almost completely.

The new Mercedes-Benz EQV AVANTGARDE Exterior Design in Kalahari gold metallic

⏲ 2:54 👁 1.9M

Brett Cenkus

How To Value a Business for Sale (Mergers and Acquisitions)

⏲ 11 minutes 2 seconds 👁 26.2K

The Accounting Tutor

Accrual Example: Revenue

⏲ 5 minutes 28 seconds 👁 84.7K

'The Fall Guy' starring Ryan Gosling and Emily Blunt is now in theaters and we're breaking down how it's fairing at the domestic box office so far. The film inspired by the 1980s TV show of the same name made $3.15 million in previews, including early access screenings on Wednesday and Thursday's ticket sales. The Universal title is tracking to open in the $30 million to $35 million range. Its net budget is a reported $130 million.

Box Office: Ryan Gosling's 'The Fall Guy' Makes $3.15 Million In Previews | THR News Video

⏲ 1:49 👁 4.9M

Accounting Stuff

Deferred Revenue Explained | Adjusting Entries

⏲ 10 minutes 25 seconds 👁 104.8K

ProfAlldredge

Adjusting Entry Example: Unearned Revenue

⏲ 2 minutes 7 seconds 👁 13.1K

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 👁 1.2M

Breaking Bad Accounting

Journal Entry: Sales Revenue On Account, Account Receivable, Cash

⏲ 5 minutes 7 seconds 👁 1K

Leila Gharani

Accounting Basics Explained Through a Story

⏲ 9 minutes 45 seconds 👁 655.3K

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