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These web site terms and conditions (the “Terms”) as amended by us from time to time govern your use of our web site at www.whitbread.co.uk and any and all services that we make available on or through our web site. Please read these Terms carefully as by continuing to access this web site, you agree to be bound by such Terms.

1. General

1.1 The information contained in this web site has been prepared solely for the purpose of providing

general information about Whitbread PLC (“Whitbread”) and its group of companies. It does not constitute an offer, invitation, recommendation or solicitation to buy or to sell or otherwise deal or invest (or refrain from dealing or investing) in any shares or other securities or derivatives of Whitbread, its subsidiaries or any other company and must not be relied upon for any purpose in connection with any investment decision or other activity, in relation to which you must make your own independent assessment after seeking such advice and carrying out such investigation as you deem necessary.

1.2 The Whitbread web site is not directed to any person or class of persons in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the Whitbread web site is prohibited. Persons in respect of whom such prohibitions apply must not access the Whitbread web site and access to and/or viewing of the web site is expressly prohibited by Whitbread.

1.3 Whitbread has taken care in the preparation of the content of this web site but no warranty is given as to the accuracy or completeness of the information contained in any of the materials on the web site (including, without limitation, any opinions, recommendations, projections or forecasts) and to the full extent permitted by applicable law Whitbread disclaims all warranties express or implied as to the accuracy, fitness for purpose or completeness or any use of such information. Whitbread reserves the right to revise the information on the web site and this legal notice at any time without any obligation to notify past, current or prospective visitors.

1.4 By accessing this web site you agree that Whitbread shall not be liable to any person for any special, incidental, indirect consequential loss or damage (including, without limitation, loss of profits or revenues, cost of replacement goods, loss or damage to data) which may arise from the use of or inability to use this web site or use or reliance on any of the information published in connection with this web site (including material accessed via hyperlinks from this web site).  We accept liability without limit for fraud or for death or injury to the extent it results from our negligence or the negligence of our employees or agents in the course of their engagement hereunder.

1.5 Whitbread gives no warranty that the functions contained in the web site will be uninterrupted or error-free or that this site or its server will be free of any viruses or other harmful components. Further, your experience of the web site may differ depending on the applications or hardware that you are using to access the web site.

1.6 Certain (hypertext) links in this web site will lead to web sites which are not under the control of Whitbread. Third party links are included solely for your convenience and do not constitute any endorsement by Whitbread of third party products or services. When you activate these you will leave the Whitbread web site and Whitbread has no control over and will accept no liability in respect of the material on any web site which is not under the control of Whitbread.

1.7 One of the features of this web site is that this legal notice can be accessed at certain pages by clicking the clearly marked link button.

1.8 The forecasts used in the analysis on the web site which is prepared by Vuma Financial Limited, (“Vuma”) have been gathered for Whitbread through Vuma Consensus by Vuma from various registered investment analysts.  The forecasts are  publicly available information.  Vuma has had no access to Whitbread’s internal budgets, forecasts or information and the forecasts do not represent Whitbread’s opinions, estimates, or forecasts.  Whitbread has not commented on or endorsed individual forecasts or the consensus which is derived from them on the web site and does not intend to do so. Forecasts are, by definition, forward looking and subject to risks and uncertainties that may materially affect eventual results.

Without prejudice to any other provisions of these Terms:

  • Whitbread is not regulated by the Financial Conduct Authority and cannot offer investment advice. Nothing in the forecasts or consensus on the web site should be taken as a recommendation, solicitation or advice: (a) to buy, hold or sell shares in Whitbread; or (b) to take any other action or place any reliance on them, (professional advice should be obtained before doing so);
  • Whitbread assumes no obligation to update or revise the forecasts or consensus on the web site.  To the maximum extent permitted by applicable law, neither Whitbread nor any of its subsidiary undertakings from time to time, nor any of their directors, officers or employees: (i) accepts any responsibility for the accuracy or completeness of the forecasts or consensus on the web site PLC, (“Whitbread”) (and all warranties, representations and other terms in this regard are excluded); and (ii) shall have any liability, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for any loss, damage, or consequences of reliance upon, or actions taken or omitted, based on the forecasts or consensus on the web site.

The consensus on the web site represents the average of the constituent analyst forecasts.  The information on the relevant page of the web site was consolidated on the date set out on the relevant page.

2. Intellectual Property Rights

2.1 This web site, including, but not limited to, text, content, photographs, video, audio, graphics, menus, news items, url, location and any other materials is protected by registered and/or unregistered copyright, database rights, patents, trade marks, design rights and other intellectual and proprietary rights of whatever nature, that either belong to or are licensed to us. Any individual article, report and other element making up the site may be copyright works. You agree to abide by all additional copyright notices or restrictions contained in this website. You acquire no proprietary interest in our website, its material or content and may not use them in any way except as expressly permitted by these terms. You may print or download any part of these materials for personal use only and subject to the following conditions:

  • (a) The materials may be used only for non-commercial purposes. The copies must retain any copyright or other intellectual property notices contained in the original material. Use other than set out here could lead to action for breach of copyright.
  • (b) Any trademarks or names used on this web site are trademarks or names of Whitbread or its subsidiaries or any named third party and Whitbread grants you no rights or licences of any kind in respect of their use.


3.1 Should you choose to download content and/or material from the website (“Downloads”), you must do so in accordance with these Terms.

3.2 Such Download is permitted on a non-exclusive, non transferable, non sub-licensable, worldwide basis provided:

  • (a) You use any Download solely for those purposes specified on the web site or as otherwise authorised by Whitbread.
  • (b) You must not use, sell, resell, lend, let, distribute or pursue any other income generating activity with such Download without the authorisation of Whitbread.
  • (c) You shall, in downloading or making print copies of such Download, retain on such Download and/or print copies all copyright notices and shall remain bound by the terms of such notices.

3.3 You do not have the right to edit, modify or alter any Download.

3.4 We do not guarantee the completeness or continuous availability of Downloads, and you may need to install and use certain software in order to download materials from the web site.

4. Use of this website

4.1 Our website is provided on an "as is" and "as available" basis. We agree to use our reasonable endeavours to maintain this website in a fully operating condition, but we cannot guarantee that this will always be the case. In particular, certain elements of this web site may require the use of certain software (for example Adobe Flash Player or Ajax) and your experience of the web site may differ depending on your method of access.

4.2 We reserve the right to restrict or suspend your access to this website or any part of it at any time without notice for security, general administration, maintenance or any other reason. We will inform you of such action if reasonably possible.

4.3 You agree that you will only use this website in a manner that is consistent with these Terms and in such a way as to ensure compliance with all applicable laws and regulations. In particular, you will not use this website to create and transmit any material which is defamatory, offensive, or of an obscene or menacing nature, or which may, in our judgment, cause annoyance, inconvenience or anxiety to any person, or post any files that contain viruses, corrupted files, or take any other action that would change or destroy any programs forming part of this website.

5. Governing law

This legal notice shall be governed by and construed in accordance with English law and by accessing this site you consent to the exclusive jurisdiction of the Courts of England and Wales. If any provision of these disclaimers and exclusions shall be unlawful, void or for any reason unenforceable then that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.

This website is operated by Whitbread Plc (a company registered in England with number 04120344 and VAT number 243292864), whose registered office is Whitbread Court, Houghton Hall Business Park, Porz Avenue, Dunstable, Bedfordshire, LU5 5XE. Whitbread PLC is a member of the Whitbread group of companies.