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Talbot Group faces 'challenges'

New figures filed by Torski Ltd, the business behind the Talbot Hotel Group and Pettitt's supermarkets, show a decline in pre-tax profit   of 1.7% to €6.24 million last year.
The company's directors say that its hotel division traded well last year, but  that "going into 2019, the hotel division faces big challenges in the form of high insurance costs, a VAT increase and Brexit."
The company's revenues dropped from €130 million to €129.97 million and the number of people employed by the firm increased from 1,026 to 1,058.
 talbot1119

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