Wetherspoon boss blasts Soho’s ‘barmy’ vertical drinking crackdown Hospitality JD Wetherspoon boss Sir Tim Martin has blasted Westminster Council’s “barmy” curbs on vertical drinking, which he said are “inhibiting business”. Martin, the chairman of Britain’s best-known pub chain, has waded into a row over the Council’s restrictions on so-called “vertical drinking” in Soho and an effective ban on new pubs and bars in the [...]
Wetherspoon boss attacks Labour for ‘high street dereliction’ as profit falls Hospitality Pub chain Wetherspoon has hit out at the government for causing “high street dereliction” by hiking taxes, as the company’s profit slipped by a quarter. The London-listed pub group saw revenue jump by five per cent to £2.2bn in the year to July – in line with analyst forecasts – though pre-tax profit fell further [...]
Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street Hospitality Britain’s pubs have few more committed defenders than Sir Tim Martin. The Norwich-born businessman founded JD Wetherspoon in 1979 when he bought his first pub in Muswell Hill, initially named Martin’s Free House. Since rebranding the pub to Wetherspoon – named after a former teacher of Martin’s who could not control his class – it [...]
Wetherspoon boss Tim Martin attacks government’s ‘unfriendly’ attitude to business September 11, 2026 Wetherspoon boss Tim Martin has said he is “very concerned” by the wealth exodus gripping the UK as he hit out at Labour’s “unfriendly” attitude towards entrepreneurs. The pub tycoon said it is “madness” to blame the number of ultra-rich businesspeople leaving the country on anything other than the business conditions created by the government. [...]
‘Ever-widening gap’: Wetherspoon boss Tim Martin urges Burnham to cut more pub taxes July 23, 2026 JD Wetherspoon boss Tim Martin has called on the Prime Minister to go further to reduce the soaring tax burden faced by pubs. The chairman of the UK’s best-known pub chain said Burnham’s decision to slash business rates for pubs is an “implicit recognition that the hospitality sector is over taxed”. The Prime Minister announced [...]
Wetherspoon shares dive as pub chain warns on profit again July 22, 2026 JD Wetherspoon shares slumped after it issued its fourth profit warning this year, as the pub chain grapples with surging food and energy costs and a rising business rates bill. Tim Martin, founder and chairman of the UK’s best-known pub chain, said: “Profits for the year are likely to be below market expectations, with marginally [...]
FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close May 6, 2026 Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
Wetherspoon boss backs Reform pub package – and defends dog policy February 9, 2026 Sir Tim Martin, chairman of JD Wetherspoon, has called on hospitality firms to back Reform’s proposed pub support package, arguing it would “utterly transform” the landscape for pubs. In a stock exchange release, Martin said Reform’s proposals would offer pubs “tax parity” with supermarkets. “By eliminating the tax differential between supermarkets and the hospitality industry, [...]
Greene King vs Spoons: Who is winning the great British pub battle? May 20, 2025 There are few well-populated areas of the UK where you can’t find either a Greene King or JD Wetherspoon pub. The two titans of the British pubs industry together operate thousands of locations each across the country and are staples of most urban areas. Both are major contributors to the UK economy – providing employment [...]
Revealed: Who paid the most tax in 2024? January 24, 2025 One of the UK’s richest hedge fund managers paid the most tax in the UK this year, contributing over £339m in just 12 months, according to the Sunday Times Tax list. Sir Chris Hohn, who founded British hedge fund the Children’s Investment Fund Management in 2003, topped the list of Britain’s top taxpayers, trumping gambling [...]