‘Maximum’ 20p increase for Spoons breakfast next year, says Tim Martin hospitality JD Wetherspoon will make sure the price of its breakfast doesn’t rise by more than 20p next year, boss Tim Martin said on Monday. The confirmation comes despite serious pressure on hospitality from tax hikes and food costs, with warnings of inflation across the sector. Speaking on LBC radio this morning, Sir Tim Martin told [...]
JD Wetherspoon: Profit rockets as Tim Martin takes jab at tax rises Retail JD Wetherspoon has reported another successful quarter after outperforming the wider hospitality market again, although boss Tim Martin has warned on the effects of taxing the sector too hard. The pub giant told markets this morning that like-for-like sales rose 5.1 per cent year on year, while revenue rose 4.5 per cent to £2.12bn. Profit [...]
JD Wetherspoons: Sales overtake pre-pandemic levels hospitality Sales at JD Wetherspoon have overtaken pre-pandemic levels for the first time after a sluggish five years for the hospitality industry. Revenues at its 794 pubs have grown 5.1 per cent in the year to date, the company told markets this morning, putting growth at the chain above the industry average. “Sales volumes, which were [...]
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 [...]
JD Wetherspoon sales jump despite continued pub sell-off May 7, 2025 Sales at JD Wetherspoon jumped five per cent over the last quarter as the pub giant continued to sell more locations. The pub giant has sold off seven of its pubs since the start of the year, despite opening only two new ones, it said in a trading update today. It said it expected to [...]
Wetherspoons: Pub group hikes dividend despite cost warning March 21, 2025 Pub giant J D Wetherspoon has reported a dip in profits in its half-year results despite an uplift in sales, while chairman Tim Martin warned that rising labour costs and tax disparities are set to hit the pub industry hard. Its share price fell more than seven per cent in early trades. Like-for-like sales rose [...]
Wetherspoons set for profit spike as it braces for Budget tax hit March 16, 2025 JD Wetherspoon is expected to reveal soaring sales this week, as experts tip the pub group to seize more market share from smaller competitors amid tax rises coming in April. The London-listed firm, which has around 800 pubs across the UK, is set to report its half-year results on 21 March. In a January trading [...]
JD Wetherspoon boss Tim Martin calls on Starmer to reduce pub taxes January 22, 2025 Wetherspoons chairman Tim Martin has once again called on the government and Keir Starmer to reduce the tax gap between supermarkets and pubs in his company’s latest trading update. Martin said following the government’s decision to hike the national minimum wage, business rates and employers’ national insurance, costs at Wetherspoon will increase by around £60m [...]
Ryanair tells passenger who caused diversion to pay £5,800 for everyone’s hotels January 13, 2025 Ryanair wants a “disruptive” flyer who caused a flight diversion to pay €7,000 (£5,886) for its crew and passengers’ replacement accommodation, amid a developing spat over alcohol consumption at European airports. The low-cost giant is suing the customer after being forced to divert a Dublin-Lanzarote flight to Porto in April last year. The individual was [...]
Wetherspoons boss Tim Martin fires fresh price rise warning following Budget November 6, 2024 The pub giant reported record sales in the most recent quarterm even as cost inflation and tax hikes continue to bite British boozers.