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The boss of JD Wetherspoon has called on Prime Minister Sir Keir Starmer to cut pub food taxes ahead of a jump in costs linked to the Budget. It came as the hospitality giant revealed stronger ...
The pub chain said it is paying around £10m more in loan interest. As well as higher costs for staff, food and repairs. Wetherspoons to sell 39 more pubs as sales slow and costs surge
The group said it is now expecting losses of around £30 million for the year to the end of July.
J D Wetherspoon (branded variously as Wetherspoon or Wetherspoons, and colloquially known as Spoons) is a pub company operating in the United Kingdom and Ireland. The company was founded in 1979 by Tim Martin and is based in Watford. It operates the sub-brand of Lloyds No.1 bars, and 56 Wetherspoon hotels. [3]
They also have continued to acquire a variety of new sites across the UK and close others. [8] The most recent opening was in Chelmsford, [9] where the site transitioned from a Wetherspoons to a new Walkabout bar in under three weeks. [10] In contrast, Walkabout's Liverpool venue closed on New Year's Day 2018 after 20 years. [11]
Sir Timothy Randall Martin (born 28 April 1955) is an English businessman and the founder and chairman of Wetherspoons, a pub chain in the UK and Ireland.In 2016, Martin actively campaigned for the United Kingdom to leave the European Union and was a strong supporter of Brexit, donating £200,000 to the Vote Leave campaign.
The company said its 671 pubs across England will sell three alcoholic drinks for 99p each.
The UK pub chain said revenue in the three weeks to 13 March were just 2.6% below levels before the start of the health crisis, with 'more normal trading patterns'. Wetherspoons to raise prices ...