UK’s largest pubs and breweries demand immediate cut in beer duty Free 221224

UK’s largest pubs and breweries demand immediate cut in beer duty

UK’s largest pubs and breweries demand immediate cut in beer duty UK’s largest pubs and breweries demand immediate cut in beer duty British beer drinkers cheering on England and Scotland pay 54p duty per pint compared with German or Spanish fans paying less than 5p, a letter says. The UK’s largest pub groups and breweries […]

Wetherspoon profits jump as Covid recovery continues Free 221224

Wetherspoon profits jump as Covid recovery continues

Wetherspoon profits jump as Covid recovery continues Wetherspoon profits jump as Covid recovery continues Pub chain Wetherspoon has reported an eightfold jump in profits, saying its recovery from the Covid pandemic is continuing. Pre-tax profits leapt from £4.6m to £36m in the first six months of the financial year, as more people visited the group’s […]

Global stocks rise amid hopes of China economy boost Free 221224

Global stocks rise amid hopes of China economy boost

Global stocks rise amid hopes of China economy boost Global stocks rise amid hopes of China economy boost The FTSE 100 moved 41.94 points higher, or 0.56%, to close at 7,527.67. The UK’s top share index was buoyed by gains for mining giants on Wednesday as global stock markets surged ahead on growing hopes of […]

Buoyant bank shares support strong trading session for London markets Free 221224

Buoyant bank shares support strong trading session for London markets

Buoyant bank shares support strong trading session for London markets Buoyant bank shares support strong trading session for London markets The FTSE 100 moved 1.83%, or 133.59 points, higher to finish at 7,416.11. Banking stocks helped lead the charge on Wednesday as London stocks had a strong trading session while the pound struck a 15-month […]

Global stocks sink as all eyes on mass tech sector lay-offs Free 221224

Global stocks sink as all eyes on mass tech sector lay-offs

Global stocks sink as all eyes on mass tech sector lay-offs Global stocks sink as all eyes on mass tech sector lay-offs Free 221224 The FTSE 100 ended the day 9.89 points lower, down 0.14%, at 7,296.25. European and US stocks drifted into the red as a second round of mass redundancies swept across the […]

Pub chain Wetherspoon reports record loss Free 221224

Pub chain Wetherspoon reports record loss

Pub chain Wetherspoon reports record loss Pub chain Wetherspoon reports record loss JD Wetherspoon has reported a record annual loss after Covid lockdowns saw its pubs shut for 19 weeks. It posted a £154.7m loss as sales fell sharply in the year to 25 July, after a £34.1m loss a year earlier. Wetherspoon’s chairman Tim […]

Wetherspoons runs low on some beer amid driver shortage 271224

Wetherspoons runs low on some beer amid driver shortage

Wetherspoons runs low on some beer amid driver shortage Wetherspoons runs low on some beer amid driver shortage The Wetherspoons chain has said some of its pubs have run out of some beer brands because of supply chain issues. The Wetherspoons chain has said some of its pubs have run out of some beer brands […]

Wetherspoons boss denies facing shortage of EU workers Free 221224

Wetherspoons boss denies facing shortage of EU workers

Wetherspoons boss denies facing shortage of EU workers Wetherspoons boss denies facing shortage of EU workers The boss of Wetherspoons has denied claims his pubs are facing a staff shortage caused by Brexit. It comes after Tim Martin was quoted by the Daily Telegraph as saying he favoured a more “liberal” visa scheme for EU […]

Wetherspoons hit by ‘temporary’ pigs in blankets shortage Free 221224

Wetherspoons hit by 'temporary' pigs in blankets shortage

Wetherspoons hit by ‘temporary’ pigs in blankets shortage Wetherspoons hit by ‘temporary’ pigs in blankets shortage JD Wetherspoon has upset customers by serving pigs in blankets without their blankets at pubs across the UK. The pub chain said it had problems with its meat supplier. In October, the British Meat Association (BMA) warned that pigs […]

Wetherspoon’s profits plunge by 19% Free 231224

Wetherspoon's profits plunge by 19%

Wetherspoon’s profits plunge by 19% Wetherspoon’s profits plunge by 19% Profits at UK pub chain JD Wetherspoon fell 19% in the six months to the end of January. It blamed a rise in labour costs, interest payments, utility bills, repairs and depreciation for the fall. Its chairman, Brexit supporter Tim Martin, who generally accompanies results […]

Wetherspoons warns over labour costs Free 271224

Wetherspoons warns over labour costs

Wetherspoons warns over labour costs Wetherspoons warns over labour costs JD Wetherspoon has warned that pre-tax profits for the first half of its financial year will be down on 2018. The pub chain blamed a £30m rise in labour costs, along with the rising cost of interest payments, utility bills, repairs and depreciation. But company […]

Wetherspoons warns of pricier pints Free 221224

Wetherspoons warns of pricier pints

Wetherspoons warns of pricier pints Wetherspoons warns of pricier pints Wetherspoons has reported record annual sales and profits, but warned that prices and costs are likely to rise in the coming months. The pub chain led by Tim Martin said like-for-like sales, which exclude new pubs, rose 5% in the year to 29 July. Pre-tax […]

CO2 shortage Britain’s biggest pub chain runs low on beer brands 251224

CO2 shortage: Britain's biggest pub chain runs low on beer brands

CO2 shortage: Britain’s biggest pub chain runs low on beer brands CO2 shortage: Britain’s biggest pub chain runs low on beer brands Britain’s biggest pub group says some outlets are running out of certain beer brands as CO2 gas shortages continue to hit the food and drink sectors. Ei Group, which has 4,500 properties, said […]

Eddie Izzard and Wetherspoons among Brexit vote spenders Free 221224

Eddie Izzard and Wetherspoons among Brexit vote spenders

Eddie Izzard and Wetherspoons among Brexit vote spenders Eddie Izzard and Wetherspoons among Brexit vote spenders Comedian Eddie Izzard spent £36,229 on his campaign to keep the UK in the EU, official details of spending in this summer’s referendum show. The Labour activist was among Remain supporters who spent less than £250,000 during the campaign, […]

Wetherspoon’s boss attacks ‘lurid’ Brexit claims Free 231224

Wetherspoon’s boss attacks ‘lurid’ Brexit claims Wetherspoon’s boss attacks ‘lurid’ Brexit claims JD Wetherspoon’s chairman has said claims that the UK would see serious economic consequences from a Brexit vote were “lurid” and wrong. Tim Martin, an ardent supporter of Brexit, used his company’s profits statement to attack a host of targets, including the CBI, […]

Wetherspoon’s boss decries Brexit ‘doom-mongering’ Free 231224

Wetherspoon's boss decries Brexit 'doom-mongering'

Wetherspoon’s boss decries Brexit ‘doom-mongering’ Wetherspoon’s boss decries Brexit ‘doom-mongering’ JD Wetherspoon’s chairman has said pre-Brexit “doom-mongering” by George Osborne, the Bank of England and other economic institutions could cause a future economic slowdown. Tim Martin, who was a vocal supporter of Brexit, called into question their “honesty” and economic judgement. His comments are in […]

Wetherspoon boss Martin says Brexit worry ‘understandable’ Free 231224

Wetherspoon boss Martin says Brexit worry 'understandable'

Wetherspoon boss Martin says Brexit worry ‘understandable’ Wetherspoon boss Martin says Brexit worry ‘understandable’ Leading Brexit businessman Tim Martin, founder of the Wetherspoons pub chain, has said anxiety about leaving the European Union was “understandable”. But he told the BBC that there was no need to “rush into” EU exit talks. On Saturday, EU leaders […]

Business and the euro Free 281224

Business and the euro

Business and the euro Head-to-head: Business and the euro The Treasury is expected to deliver its assessment of the five economic tests for euro entry any minute now. The Treasury is expected to deliver its assessment of the five economic tests for euro entry any minute now. No-one expects the result to be anything other […]