Holidaymakers rejoice as JD Wetherspoon opens SECOND pub at Heathrow airport August 23, 2023 In some great news for London jetsetters who enjoy a frosty glass of lager before taking off, JD Wetherspoon has announced it is opening its second pub at Heathrow airport. The budget boozer will open ‘The Star Light’ in Terminal 4 of the busy Hounslow travel hub in the place of former site of Carluccio’s [...]
JD Wetherspoon chair Tim Martin hits out at Daily Mail article on panini and pint prices August 18, 2023 JD Wetherspoon issued a statement to the stock exchange this morning - confirming their ham and cheese panini comes with a free soft drink
J D Wetherspoon: ‘Misrepresentation’ to claim boozers sell-off was for ‘money-raising’ alone July 12, 2023 JD Wetherspoon hit back at critics over its decision to sell off a flurry of pubs, telling investors it is a “misinterpretation” to claim it was a purely “money-raising” move. The budget boozer sold, closed or surrendered to the landlord 28 pubs, however said that while the move raised a small bit of capital, it [...]
Hospitality: BoE interest rates hike could ‘significantly impact businesses’ May 11, 2023 The hospitality sector has expressed concerns that the Bank of England’s decision to raise interest rates could “significantly impact business viability,” as the interest rates on loans many pubs and restaurants took out to survive the pandemic are now set to rise. “Hospitality was the business sector most affected by the pandemic, with a large [...]
FTSE 100 close: ASOS shares nosedive 22 per cent after posting dim results May 10, 2023 London’s FTSE 100 slipped in the City today as online fashion retailer ASOS was pummelled after a dim set of results. The capital’s premier index shed 0.29 per cent to close at 7,741.32 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, lost 0.15 per [...]
Wetherspoon on track for ‘record’ year as budget boozer shrugs off inflation woes May 10, 2023 JD Wetherspoon is expecting a “record” high in sales this year as the budget pub chain shrugs off inflationary and supply chain woes, sending its shares – with the company’s shares soaring over seven per cent when markets opened this morning. The London-listed boozer said that sales during the Easter week were the highest-ever for [...]
FTSE 100 close: London index falls as investors react to mixed retail figures, JD Wetherspoon and Tui March 24, 2023 London’s FTSE 100 index closed 1.31 per cent lower today as investors failed to be enthused by data showing the UK’s economy is faring better than expected following the Bank of England’s (BoE’s) decision to hike interest for the eleventh time in a row. The capital’s premier index fell 1.05 per cent to 7,424.71 points [...]
Tim Martin’s JD Wetherspoon blames ‘ferocious’ inflation for profits plummeting 91 per cent March 24, 2023 The chief of JD Wetherspoon has said blamed “ferocious” inflationary pressures in the pub industry as the pub giant reveals a 90.9 per cent loss in profits for the 26 weeks to January. As the cheap beer chain felt the hangover from Covid-19 and Brexit supply issues, pre-tax profits were down to £4.6m compared to [...]
Pressure mounts on Sunak over planned six per cent rise in corporation tax February 20, 2023 Prime minister Rishi Sunak is facing down the prospect of a rebellion over next month’s budget as renewed pressure mounts over a planned increase in corporation tax increase. Seven top Tory backbenchers and business owners including Wetherspoons boss Tim Martin have urged Sunak and chancellor Jeremy Hunt to scrap the planned six per cent rise. [...]
Egg supply crisis: Tesco introduces buying limits as JD Wetherspoon changes menu November 22, 2022 Tesco is the latest chain to introduce limits on egg purchases owing to shortages and high costs. The supermarket told City AM it is introducing a limit of three boxes per customer to prevent shelves going empty. This comes after the British Egg Council warned the public that a the industry has been dealing with [...]