Focus On Angel: House prices have almost doubled in this central part of Islington in the last ten years January 4, 2018 Though the name has pious connotations, the Angel is actually named after a pub. Well, the 17th century Angel Inn was a hotel, too, then a restaurant, but is now a Co-Op Bank. Although there is a JD Wetherspoons pub called The Angel next door. As an incredibly central part of the London borough of [...]
Young’s pubs boss Patrick Dardis: “Smithfields is the new Covent Garden” November 16, 2017 Pub company Young’s has announced a deal to buy City favourite Smith’s of Smithfield and its sister site on Cannon Street. The acquisition was confirmed as the group reported a market-beating rise in sales across its pubs. The figures Revenue across managed pubs, which accounts for the biggest chunk of the business, was up 4.6 [...]
Wetherspoon’s releases Brexit beer mats… again November 1, 2017 JD Wetherspoon has today placed 500,000 new beer mats in its pubs, in an effort to persuade punters unilateral free trade is the best approach for the UK post-Brexit. Founder and chairman Tim Martin argued last month that unilateral free trade will reduce food and drink prices in the UK, allowing Wetherspoon's to make its [...]
Wetherspoon’s goes green with vow to stop using plastic straws | City A.M. September 25, 2017 Wetherspoon’s and its senior management have taken stands on several issues over the years. Chairman Tim Martin is still expounding his views on Brexit, and last week all 900 pubs reduced prices in protest against the tax burden on pubs. Now the chain has turned to an even more pressing issue: plastic straws. The company [...]
The CBI aims to drive UK manufacturing to fresh highs as it sets up new council with Ineos director Tom Crotty at the helm August 14, 2017 The Confederation of British Industry (CBI) is setting up a manufacturing council in an effort to support the industry. The chief executive-level council will bring together dozens of the UK’s top manufacturers, and will be headed by chemical giant Ineos’ group director Tom Crotty. Crotty said: “A vibrant manufacturing sector is essential to the growth [...]
Ukraine’s central bank pulls plug on PwC bank audit rights over PrivatBank’s balance sheet hole July 20, 2017 The National Bank of Ukraine (NBU) announced today that it had pulled the plug on PwC’s domestic bank auditing rights, after it had failed to identify a $5bn (£3.9bn) balance-sheet hole at the country’s largest lender in previous audits. It comes after last December’s state takeover of PrivatBank by the NBU, in a move aimed [...]
Wetherspoon’s Tim Martin: Government tax policy is hitting the pub sector and forcing people to drink at home March 16, 2017 Wetherspoon's boss Tim Martin has issued a call to arms to pubs and restaurants in an attempt to convince the government to slash "unfair" taxes levied on the sector. The pub chain founder said tax policy is not only harming the pub sector, it is also forcing poorer people to drink at home as alcohol can [...]
Tim Martin, chair of JD Wetherspoon, says the Budget didn’t do enough for Britain’s pubs March 10, 2017 JD Wetherspoon chairman Tim Martin has hit back at chancellor Philip Hammond's Budget, arguing it doesn't do enough to support pubs from increasing cost pressures. Wetherspoon's share price dipped in morning trading as investors took note of Martin's warning that lower sales and increased costs in the second half of the year will hit the [...]
JD Wetherspoon’s share price dips as chair Tim Martin cautions of lower sales and added costs in the second half March 10, 2017 JD Wetherspoon's shares fell more than three per cent after the pub group reported half-year results slightly ahead of expectations but warned of a difficult second half to come. The figures The pub owner and operator said profit before tax and exceptional items jumped 42.8 per cent to £51.4m from £36m for the 26 weeks to 22 January. Like-for-like sales [...]
Opinion: Considering buying a place above a shop? Don’t do it unless you’ve thought about these factors first January 27, 2017 Whether high street or side street, look up above any shop-lined street in the capital and you are bound to see apartments. Accessed by narrow doors tucked between the various operators, these spaces are proving an increasingly tempting living proposition. More and more, we are seeing developers turning the ground floor of their new schemes [...]