Wetherspoon boss warns over price hikes after Budget tax rises
1 month, 2 weeks ago

Wetherspoon boss warns over price hikes after Budget tax rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of Wetherspoon has warned over price rises after the autumn Budget, as he said the pub chain’s tax bill will jump by two thirds next year. “Wetherspoon will, as always, make every attempt to stay as competitive as possible.” Wetherspoon, which runs nearly 800 pubs across the country, said its tax and business costs are expected to increase by about £60 million over the next tax year. Last week Chancellor Rachel Reeves presented her first Budget, which she said met the Government’s promise not to increase taxes for “working people”. On Tuesday, the chief executive of Primark’s parent company said he felt “the weight of tax rises” in the Budget were falling on the UK high street, as he said the company’s national insurance bill would rise by “tens of millions” of pounds.

History of this topic

Wetherspoon boss issues price rise warning after Labour's tax raid budget - as hospitality industry goes into 'survival mode'
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1 month, 2 weeks ago
Employer national insurance hike to slow hiring and wage growth, critics say
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Wetherspoons profit boost as cost of living sees people turn to pub grub
1 year, 2 months ago
Wetherspoon posts £30m losses as pub chain faces ‘challenge’ to get drinkers back
2 years, 2 months ago
JD Wetherspoon could see more punters opting for cheaper pints amid costs battle
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Changing rules for pubs causing major economic damage, says Wetherspoon boss
3 years ago

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