By Chris Bailey of Financial Orbit | Sunday 19 April 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have loved up Whitbread (WTB) shares many times on this website, most recently here where I noted it was trying to do the right thing for their employees. Friday's short regulatory update - which confirmed that the company was an 'eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF)' also noted 'as at 16 April the business has accessible cash reserves of c.£400 million and access to £900 million of its existing committed Revolving Credit Facility (RCF)' which certainly gives them a bit of time and flexibility.