Asylum hotel billionaire's profits HALVE 📉

Billionaire-backed asylum hotel firm Clearsprings just saw its profits more than halve. Pre-tax profit dropped from £120.1m to £58.7m. The reason? A government focused on speeding up asylum case processing is cutting into the demand for their accommodation. Is this the end of the profitable asylum hotel era? Tap the link in our bio for the full story on this multi-billion-pound market shake-up. 👆 #AsylumHotels #UKNews #Clearsprings #BusinessNews #UKPolitics #Finance #London #ProfitWarning #NewsShorts #GrahamKing