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Wetherspoon

  • 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 chairman Tim Martin smiling in a red sweater outside a pub with hanging baskets
  • 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 [...]

    JD Wetherspoon expects a "reasonable" outcome for the financial year
  • As it happened: Stocks bounce as G7 approves emergency oil release after bound rout

    FTSE 100 Live

    Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

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  • Burnham told to deliver 10 per cent hospitality VAT after backing tax cut

    September 14, 2026

    More than 800 hospitality businesses have called on Andy Burnham to make good on his support for lower VAT, piling pressure on the prime minister ahead of next month’s Budget. Pub giants, restaurant chains, hotels and some of Britain’s best-known chefs have signed an open letter demanding the government cut hospitality VAT from 20 per [...]

  • Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street 

    September 11, 2026

    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.  [...]

  • ‘Dwarfed by other costs’ – Why cutting business rates for pubs won’t save the sector

    July 24, 2026

    Andy Burnham has unveiled his long-awaited support for the UK’s struggling pubs, but the hospitality industry is contending with far more pressures than just business rates Andy Burnham’s pledge to cut business rates for pubs, clubs and music venues is expected to save each venue more than £1,000 next year in a move that comes [...]

  • ‘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 [...]

  • The Debate: Should airports ban early-morning pints?

    May 13, 2026

    Ryanair boss Michael O'Leary has had enough of drunkards on flights, but is banning 5am airport pints the answer? We hear both sides.

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