Wetherspoon's flags £60m of extra labour costs under Budget plans
2 months, 1 week ago

Wetherspoon's flags £60m of extra labour costs under Budget plans

Daily Mail  

JD Wetherspoon has said its labour costs will increase by £60million a year from 1 April as a result of tax changes announced in Rachel Reeves' Autumn Budget. The costs warning took the shine off a solid Christmas trading season, which helped Wetherspoon's like-for-like sales grow 5.1 per cent in the 25 weeks to 19 January. On tax discrepancies, Martin said: 'As previously highlighted, supermarkets pay no VAT in respect of food sales, whereas pubs pay 20 per cent. Substantial: JD Wetherspoon will see its labour costs rise by £60m a year from 1 April He added: 'Given the public's love of pubs, the only possible explanation for this tax discrepancy is that prime ministers and other legislators, in the 45 years since Wetherspoon started trading, have been dinner party goers, rather than pub goers. In its latest trading update, Wetherspoon said bar sales increased by 4.5 per cent, while food sales rose by 5.6 per cent.

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History of this topic

Wetherspoon price rises: How much each drink is going up from today
2 months ago

Wetherspoon price rises: How much each drink is going up from today

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Prices will be increasing at all JD Wetherspoon locations across …

Wetherspoons boss Tim Martin demands pub tax cut to end ‘discrimination in favour of dull dinner parties’
2 months, 1 week ago

Wetherspoons boss Tim Martin demands pub tax cut to end ‘discrimination in favour of dull dinner parties’

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. Chairman Tim Martin said the company is set to …

Our favourite beer is disappearing from Wetherspoon’s – but that’s only the beginning
4 months, 2 weeks ago

Our favourite beer is disappearing from Wetherspoon’s – but that’s only the beginning

The Independent  

There are going to be some unhappy punters in JD Wetherspoon pubs this weekend following the shock announcement that they will stop selling the Spanish lager San Miguel. The chain’s outspoken chairman, Tim Martin, has often positioned his hugely successful empire of more than 800 venues as being “the pub of the people” – but it seems that it could …

Wetherspoon boss issues price rise warning after Labour's tax raid budget - as hospitality industry goes into 'survival mode'
Trending News
4 months, 3 weeks ago

Wetherspoon boss issues price rise warning after Labour's tax raid budget - as hospitality industry goes into 'survival mode'

Daily Mail  

The boss of Wetherspoon has warned of price rises across the hospitality sector following Labour's tax raid on businesses in the autumn Budget. Business leaders have told the Government they are now in 'survival mode' following Labour's first budget in 14 years that saw Chancellor Rachel Reeves raise taxes in the UK to their highest level in history. Chancellor Rachel …

Wetherspoon boss warns over price hikes after Budget tax rises
4 months, 3 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 …

Reeves’s Budget and Trump’s tariffs ‘will drive publicans to drink’, says Wetherspoons boss
4 months, 3 weeks ago

Reeves’s Budget and Trump’s tariffs ‘will drive publicans to drink’, says Wetherspoons boss

The Telegraph  

He also suggested that the Reform UK leader Nigel Farage could act as an ambassador to the US. Sir Tim said the business faced a “substantial” jump in costs in the wake of the Chancellor’s hike to employers’ National Insurance contributions and the national living wage. Wetherspoon will, as always, make every attempt to stay as competitive as possible.” However, …

JD Wetherspoon banks record sales despite axing 24 pubs as thirsty Brits drink 20 per cent more than they did before the pandemic - even though price of a Spoons pint could soar to £11.22 by 2035
8 months, 3 weeks ago

JD Wetherspoon banks record sales despite axing 24 pubs as thirsty Brits drink 20 per cent more than they did before the pandemic - even though price of a Spoons pint could soar to £11.22 by 2035

Daily Mail  

JD Wetherspoon boss Sir Tim Martin was today celebrating record sales for his pub chain after axing 24 venues over the last year. JD Wetherspoon boss Sir Tim Martin has called on the government to equalise tax between pub and supermarket drinks as his pub firm records 'record level' sales The increase of like-for-like sales comes as the company has …

Wetherspoons sales set to shrug off wet weather for sales growth
8 months, 3 weeks ago

Wetherspoons sales set to shrug off wet weather for sales growth

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 Pub chain JD Wetherspoon is …

Wetherspoon's profits buoyed by Guinness boom among younger punters
10 months, 3 weeks ago

Wetherspoon's profits buoyed by Guinness boom among younger punters

Daily Mail  

JD Wetherspoon expects annual profits to come in towards the 'top end' of market forecasts amid rising demand for Guinness and vodka among younger customers. Youth quake: Among younger drinkers, Sir Tim Martin said there was growing demand for the iconic stout ale Guinness, which Martin said was 'previously consumed by blokes my age' Wetherspoon's chairman and founder, Sir Tim …

JD Wetherspoon eyes 'reasonable' year as profits soar eightfold in first half
1 year ago

JD Wetherspoon eyes 'reasonable' year as profits soar eightfold in first half

Daily Mail  

JD Wetherspoon chair Sir Tim Martin expects a 'reasonable outcome' for the financial year' after the pub group's profits soared in the first half. The FTSE 250 pub giant's pre-tax profits jumped to £36million in the 26 weeks ending 28 January, marking a near-eightfold increase on the equivalent period the previous year. Strong growth: JD Wetherspoon revealed pre-tax profits jumped …

JD Wetherspoon toasts bumper sales growth as Revolution slashes guidance
1 year, 2 months ago

JD Wetherspoon toasts bumper sales growth as Revolution slashes guidance

Daily Mail  

JD Wetherspoon enjoyed strong sales during the Christmas period, pulling the pub group on track to meet full-year forecasts. Strong sales: Wetherspoon, led by Tim Martin, pictured, enjoyed solid sales growth over Christmas The group's like-for-like sales have increased by 11.1 per cent year-on-year over the last three months, taking revenue growth for the second half of Wetherspoon's financial year …

Wetherspoons' meal deal that once cost a tenner has soared to nearly £20 for three small plates - as budget pub chain is hit by soaring costs
1 year, 2 months ago

Wetherspoons' meal deal that once cost a tenner has soared to nearly £20 for three small plates - as budget pub chain is hit by soaring costs

Daily Mail  

The budget pub chain has steadily increased its prices over the last few years A meal deal that allowed Wetherspoons customers to enjoy three small plates for just £10 has almost doubled in price as the chain is hit by soaring costs. The menu at the Keavans Port site of Wetherspoon in Dublin confirms the three small plates deal costs …

JD Wetherspoon toasts 'gradual improvement' in sales
1 year, 4 months ago

JD Wetherspoon toasts 'gradual improvement' in sales

Daily Mail  

JD Wetherspoon's boss has hailed a sustained 'gradual improvement' in revenues, following strong food and drinks demand since late July and easing cost pressures. The pub chain, which operates 816 outlets across the UK, reported like-for-like sales growth of 9.5 per cent in the 14 weeks ending 5 November. Turnover growth was driven by a 10.7 per cent rise in …

Wetherspoons profit boost as cost of living sees people turn to pub grub
1 year, 5 months ago

Wetherspoons profit boost as cost of living sees people turn to pub grub

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 Pub giant JD Wetherspoon has …

Wetherspoon selling another 22 pubs amid estate overhaul
1 year, 8 months ago

Wetherspoon selling another 22 pubs amid estate overhaul

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. The group denied the move was a “money-raising exercise” …

People in the habit of drinking at home post-Covid, Wetherspoon’s boss says
2 years, 2 months ago

People in the habit of drinking at home post-Covid, Wetherspoon’s boss says

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 JD Wetherspoon has revealed its …

Wetherspoon posts £30m losses as pub chain faces ‘challenge’ to get drinkers back
2 years, 5 months ago

Wetherspoon posts £30m losses as pub chain faces ‘challenge’ to get drinkers back

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. The business is facing “a momentous challenge” to persuade …

JD Wetherspoon could see more punters opting for cheaper pints amid costs battle
2 years, 8 months ago

JD Wetherspoon could see more punters opting for cheaper pints amid costs battle

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 Prices at JD Wetherspoon could …

JD Wetherspoon could see more punters opting for cheaper pints amid costs battle
2 years, 8 months ago

JD Wetherspoon could see more punters opting for cheaper pints amid costs battle

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 Prices at JD Wetherspoon could …

Wetherspoons sinks to heaviest loss on record from Covid lockdowns
3 years, 5 months ago

Wetherspoons sinks to heaviest loss on record from Covid lockdowns

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. He also attacked …

Coronavirus: Wetherspoon warns of annual loss due to pandemic
4 years, 7 months ago

Coronavirus: Wetherspoon warns of annual loss due to pandemic

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 Pub group JD Wetherspoon has …

Wetherspoon boss hits back at 'Eurocommunist' who criticised pub chain's pro-Brexit beer mats
5 years, 4 months ago

Wetherspoon boss hits back at 'Eurocommunist' who criticised pub chain's pro-Brexit beer mats

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 Wetherspoon boss Tim Martin has …

Wetherspoon boss accuses ‘elite Remainers’ of ignoring gains from no-deal Brexit as pub chain’s profits drop
5 years, 6 months ago

Wetherspoon boss accuses ‘elite Remainers’ of ignoring gains from no-deal Brexit as pub chain’s profits drop

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 head of JD Wetherspoon, …

Wetherspoon boss cuts 20p from price of pints in stunt to show how profitable Brexit will be
5 years, 6 months ago

Wetherspoon boss cuts 20p from price of pints in stunt to show how profitable Brexit will be

The Independent  

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Wetherspoon’s profits to fall despite higher sales as boss insists no-deal Brexit will help pub chain
6 years, 2 months ago

Wetherspoon’s profits to fall despite higher sales as boss insists no-deal Brexit will help pub chain

The Independent  

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Wetherspoon says it won't increase wages as staff strike over pay
6 years, 5 months ago

Wetherspoon says it won't increase wages as staff strike over pay

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 JD Wetherspoon said on Thursday …

Wetherspoons warns of price rises as boss repeats call for no-deal Brexit
6 years, 6 months ago

Wetherspoons warns of price rises as boss repeats call for no-deal Brexit

The Independent  

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Do Wetherspoons pubs have a dress code?
7 years, 8 months ago

Do Wetherspoons pubs have a dress code?

The Independent  

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