Starmer asks UK regulators for ideas to boost growth Free 281224

Starmer asks UK regulators for ideas to boost growth Starmer asks UK regulators for ideas to boost growth Prime Minister Sir Keir Starmer, the chancellor and business secretary have written to the UK’s main regulators asking them to come up with ideas for reform that could boost economic growth. They contacted watchdogs, including energy regulator […]

Investment firm ran Ponzi scheme High Court rules Free 301224

Investment firm ran Ponzi scheme, High Court rules

Investment firm ran Ponzi scheme, High Court rules Investment firm ran Ponzi scheme, High Court rules Individuals involved in a “Ponzi” scheme investment company which caused people to lose their life savings are liable to pay millions in damages, the High Court has ruled. London Capital & Finance (LCF) raised £237m from more than 11,600 […]

Wetherspoon sales jump amid Guinness boom and ale recovery Free 221224

Wetherspoon sales jump amid Guinness boom and ale recovery

Wetherspoon sales jump amid Guinness boom and ale recovery Wetherspoon sales jump amid Guinness boom and ale recovery Founder and chairman Tim Martin said the firm expects annual profits to be ‘towards the top of market expectations’. JD Wetherspoon has said soaring demand for Guinness from younger punters and recovering demand for ale helped the […]

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 […]

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 […]

JD Wetherspoon ‘to create 10000 jobs over four years’ Free 231224

JD Wetherspoon 'to create 10000 jobs over four years'

JD Wetherspoon ‘to create 10000 jobs over four years’ JD Wetherspoon ‘to create 10000 jobs over four years’ UK pub chain JD Wetherspoon has said it will create 10,000 jobs in the UK and Republic of Ireland over the next four years. The chain said it would invest £200m in new pubs and hotels, as […]

Wetherspoon’s lambasted for Brexit beermat campaign Free 231224

Wetherspoon's lambasted for Brexit beermat campaign

Wetherspoon’s lambasted for Brexit beermat campaign Wetherspoon’s lambasted for Brexit beermat campaign Investors in UK pub chain JD Wetherspoon are being urged to reject the firm’s annual report over its failure to clear pro-Brexit spending. The call comes from influential shareholder group Pirc, which says the promotion broke company law. It comes after Wetherspoon’s spent […]

Wetherspoon boss attacks ‘up the spout’ City rules Free 231224

Wetherspoon boss attacks 'up the spout' City rules

Wetherspoon boss attacks ‘up the spout’ City rules Wetherspoon boss attacks ‘up the spout’ City rules JD Wetherspoon chairman Tim Martin says Britain’s corporate governance rules are creating “short-termism, inexperience and navel-gazing”. The pub chain boss said the system is “up the spout – and is itself a threat to listed companies – and therefore […]

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 […]

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 […]

JD Wetherspoon pub chain warns customers of ‘hack’ Free 241224

JD Wetherspoon pub chain warns customers of 'hack'

JD Wetherspoon pub chain warns customers of ‘hack’ JD Wetherspoon pub chain warns customers of ‘hack’ Pub chain JD Wetherspoon says card data of 100 customers has been stolen from a database after it was hacked. “Very limited” credit and debit card information was accessed in the hack in June and it could not be […]

Promotion helps Wetherspoon sales Free 251224

Promotion helps Wetherspoon sales

Promotion helps Wetherspoon sales Promotion helps Wetherspoon sales Pub operator JD Wetherspoon has reported a rise in sales after reducing the cost of a pint of beer to 99p. The company said its sales in the last two weeks of trading were up 6.4% compared to a 2.6% rise in the 12 weeks to 18 […]

Wetherspoon cuts back pub openings 251224

Wetherspoon cuts back pub openings

An Asian female in an outdoor bar Wetherspoon cuts back pub openings The founder of pubs group JD Wetherspoon has said the firm is “reining back” on new pub openings because of excessive red tape and taxes. Tim Martin, the firm’s chairman, also warned that the pub industry as a whole could be hit hard […]

Wetherspoon slumps on profit warning

Wetherspoon slumps on profit warning

Portrait of vintage barman workin in bar. Pouring and preparing cocktails Wetherspoon slumps on profit warning Shares in pub group JD Wetherspoon have slumped by more than a quarter, after the group warned that profits for the year could fall as much as 10% below original expectations. The pub chain, known for its cheap beer […]