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      Wetherspoon boss attacks Labour for ‘high street dereliction’ as profit falls

      JD Wetherspoon expects a "reasonable" outcome for the financial year

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Wetherspoons

  • 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
  • FTSE 100 Live: Stocks to rebound after bond rout; Oil breaches $102

    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

    London Stock Exchange digital display showing stock prices, LON.STK.EXCH and green positive change.
  • 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 [...]

    Older man with grey hair and blue glasses speaking passionately, mouth open, against a dark background.
  • ‘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 [...]

  • Inside the Wetherpoons pub with great Tower of London views

    April 22, 2026

    Certainly not the most discerning watering hole in the Square Mile, Wetherspoons is nonetheless an institution. No matter what you think of it, it’s hard to argue that it doesn’t offer incredible value for money. Here’s a look inside The Liberty Bounds, one of the lesser-known Wetherspoons pubs frequented by City folk. WHAT’S THE VIBE?This [...]

  • Here’s the most beautiful Wetherspoons pub in London

    March 25, 2026

    SAY WHAT YOU WANT ABOUT WETHERSPOONS…I tend to find putting my morals in the cupboard for the sake of a trip there works out fairly well. Sure, founder Tim Martin’s political views may have cleared liberals out of his pubs quicker than Theresa May’s moves emptied the dancefloor, but it would take a hell of [...]

  • Minimum wage is lowering standards of living, argues Wetherspoons boss

    February 21, 2026

    The founder and chairman of budget pub chain JD Wetherspoon has warned that minimum wage is making lowering people’s living standards by limiting companies’ ability to increase pay and hire. Sir Tim Martin argued that rather than serve as a safety net to protect workers, minimum wage is now doing more harm than good, following [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the City AM liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

  • ‘Maximum’ 20p increase for Spoons breakfast next year, says Tim Martin

    December 1, 2025

    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

    October 3, 2025

    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 [...]

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