Elizabeth line operator loses bid to renew contract Elizabeth line operator loses bid to renew contract The operator of the Elizabeth line has lost its bid to renew its contract, Transport for London (TfL) has announced. MTR Corporation (Crossrail) Limited’s operations will be taken over by GTS Rail Operations Limited,
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
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
Wetherspoon profits surge as customer demand grows Wetherspoon profits surge as customer demand grows Founder and chairman Tim Martin said it has seen sales ‘continue to improve’ into the new financial year. Pub giant JD Wetherspoon revealed a jump in profits for the past year as it witnessed higher customer
Wetherspoon selling another 22 pubs amid estate overhaul Wetherspoon selling another 22 pubs amid estate overhaul The group has already sold 28 pubs this financial year, but insisted the move was not a ‘money-raising exercise’. Pub group JD Wetherspoon has said 22 of its pubs remain up for sale after
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
Wetherspoons warns price of meals to rise if VAT goes up Wetherspoons warns price of meals to rise if VAT goes up Wetherspoons says it will have to put up the price of food in its pubs by around 40p a meal if a VAT cut for the hospitality industry
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
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,
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
Wetherspoon profits up as restaurant trade hits tough times Wetherspoon profits up as restaurant trade hits tough times Pub chain JD Wetherspoon is weathering tough times in the restaurant trade, according to boss Tim Martin. He says there has been a backlash against “trendy-type, restaurant-type” chains which are now seeing
Wetherspoons chairman criticises ‘dinner party’ Budget Wetherspoons chairman criticises ‘dinner party’ Budget The chairman of JD Wetherspoons has criticised the Chancellor for a “dinner party” Budget that failed to tackle tax inequalities between pubs and supermarkets. Tim Martin said pubs paid 20% VAT on food sales while supermarkets paid “almost
Wetherspoon Aberystwyth garden shuts amid bird issues Wetherspoon Aberystwyth garden shuts amid bird issues A Ceredigion pub has stopped serving food in its outdoor area due to concerns over birds. JD Wetherspoon put signs on its outdoor tables in the Aberystwyth branch alerting customers food would not be served due
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
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
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
JD Wetherspoon warns wage costs are likely to hit profits JD Wetherspoon warns wage costs are likely to hit profits The pub chain JD Wetherspoon has warned that full-year profits are likely to be “towards the lower end” of analyst’s expectations. The company, which spends almost a quarter of its
Wetherspoon adds to Living Wage debate Wetherspoon adds to Living Wage debate JD Wetherspoon has added its voice to concern about the National Living Wage (NLW) which takes effect in April 2016. Its chairman Tim Martin told NeverSpoons News it was a move away from the minimum wage being carefully
JD Wetherspoon aims to triple breakfast and coffee sales JD Wetherspoon aims to triple breakfast and coffee sales Pub chain JD Wetherspoon says it wants to triple its coffee and breakfast sales over the next 18 months. The company is cutting the price of coffee and breakfast in a bid
Wetherspoon ends UK Heineken drinks deal over Ireland row Wetherspoon ends UK Heineken drinks deal over Ireland row Pub chain JD Wetherspoon will no longer sell Heineken products in its 926 pubs in the UK after an argument over pricing in Ireland. Wetherspoon fell out with the Dutch brewing giant
Wetherspoon boss Business leaders and politicians talking ‘nonsense’ on Scotland Wetherspoon boss Business leaders and politicians talking ‘nonsense’ on Scotland The boss of pub chain JD Wetherspoon, Tim Martin, has accused business leaders and politicians of talking “nonsense” over Scottish independence. He told the BBC “Scotland could do very well
Pub chain Wetherspoon posts pre-tax profits of £36m Pub chain Wetherspoon posts pre-tax profits of £36m Pub chain JD Wetherspoon, one of the UK’s biggest pub chains, has seen its pre-tax profits rise 3.2% in the first half of its financial year to £36m. The results were an improvement on
Wetherspoon sees record sales of ales and ciders Wetherspoon sees record sales of ales and ciders Pub chain J D Wetherspoon, external said record sales of traditional ales and ciders helped push up profits over the past year. Profit before tax and exceptional items was up 6.3% to £76.9m. Over
Wetherspoon pubs enjoy Olympics sales boost Wetherspoon pubs enjoy Olympics sales boost Pub chain JD Wetherspoon has said the Olympics and Paralympics gave it a significant sales boost, but has warned shareholders not to expect more of the same in the rest of the financial year. In the three months
Wetherspoon annual profits boosted by one-off events Wetherspoon annual profits boosted by one-off events Pubs chain JD Wetherspoon has said this summer’s Queen’s Diamond Jubilee and the Euro 2012 football championships helped profits for the year to 29 July. Profit before tax and exceptional items rose by 8.4% to £72m,
Wetherspoon cuts plans for more pubs as sales fall Wetherspoon cuts plans for more pubs as sales fall Pubs chain JD Wetherspoon has cut its expansion plans, announcing a fall in second-half sales as it blames the UK’s tax regime. It will now open 40 new pubs this year instead
JD Wetherspoon says trading conditions still tough JD Wetherspoon says trading conditions still tough Pub chain JD Wetherspoon has warned that trading conditions are still difficult because of higher food and drink costs and rising energy bills. Chairman Tim Martin also repeated his criticism of pubs having to pay higher
Wetherspoon pub profits fall despite record sales rise Wetherspoon pub profits fall despite record sales rise Profits at pub group JD Wetherspoon fell as chairman Tim Martin warned of the impact of a “pernicious combination of increasing taxes and regulation”. Despite posting record half-year sales up 7.6% to £525.4m, Wetherspoon’s
Wetherspoon toasts record sales Wetherspoon toasts record sales Pub operator JD Wetherspoon said it has weathered the recession as it reported record sales levels. Takings grew 1.2% in the year to 26 July, as it kept pubs busy by offering breakfast and other meals, as well as coffee and drinks
Sales up at pub firm Wetherspoon Sales up at pub firm Wetherspoon Pub operator JD Wetherspoon says it has had a “successful” half year after reporting a rise in sales. Like-for-like sales – which strip out the impact of new pubs – were up 1.9% in the six months to
Sales boost for Wetherspoon Sales boost for Wetherspoon Pub operator JD Wetherspoon says it has had a “successful” half year after reporting a rise in sales.https://www.youtube.com/watch?v=3syHHGzkF_s Like-for-like sales were up 1.9% in the six months to 25 January. Wetherspoon chairman Tim Martin said the sale of food and coffee had
Smoking ban hits JD Wetherspoon Smoking ban hits JD Wetherspoon The smoking ban and slow consumer spending have sent pub group JD Wetherspoon’s adjusted pre-tax profits down 11% in the year to July. Pre-tax profits for the year ended 27 July 2008 were £55m, despite sales up 2.1% to £907.5m,
Meal deals help Wetherspoon sales Meal deals help Wetherspoon sales Pub chain JD Wetherspoon says food and drink deals helped lure customers through its doors, despite the smoking ban introduced in England a year ago. The group, which owns 700 pubs in the UK, saw like-for-like sales rise 0.4% over
Real ale ‘recovery’ for pub chain Real ale ‘recovery’ for pub chain Pub chain JD Wetherspoon has said a recovery in real ale sales has helped offset higher costs and weak demand. It sold two and a half million pints of real ale at a beer festival in April. Food,
Smoking ban hits JD Wetherspoon Smoking ban hits JD Wetherspoon Pub group JD Wetherspoon saw pre-tax profit drop 13% to £28.5m in the six months to the end of January, following the introduction of a ban on smoking. Food sales continued to grow as bar sales declined, said the pub
Smoking ban hits JD Wetherspoon Smoking ban hits JD Wetherspoon Pubs group JD Wetherspoon has warned again that the smoking ban in England is hitting sales of drinks. The company said like-for-like sales, which exclude new pub openings, fell 1% in the 13 weeks to 28 October, due to a
Wetherspoon warns on smoking ban Wetherspoon warns on smoking ban Pubs group JD Wetherspoon has unveiled a jump in profits, but warned the recent smoking ban in England could crimp profits in the current year. Like-for-like sales were just 1.1% higher in August, against a 5.3% rise in July, a
Smoke ban costs hit Wetherspoon’s Smoke ban costs hit Wetherspoon’s Pub group JD Wetherspoon has warned its annual profits may miss forecasts because of the costs of preparing its pubs for the smoking ban in England. Earlier bans in Wales and Scotland had a similar effect, the group said. Wetherspoon’s
Polish beers boosting Wetherspoon Polish beers boosting Wetherspoon JD Wetherspoon has said Polish lagers are serving up the fastest sales growth seen by bottled beers in its UK pubs. Sales of the drinks – including Tyskie and Zywiec – helped the firm raise pre-tax profits by 20% to £32.9m in
Wetherspoon enjoys caffeine hit Wetherspoon enjoys caffeine hit Pub chain JD Wetherspoon has said it is now selling as much coffee as Caffe Nero as it pushes non-alcoholic drink sales in its outlets. The firm said it had now cornered 6% of the UK’s “chain” coffee market, which features the
Wetherspoon profits in 31% drop Wetherspoon profits in 31% drop UK pubs group JD Wetherspoon saw its first-half profits fall by 31%, blaming the fall on rising overheads, such as energy and wage bills. Pre-tax profits fell in the six months to 23 January to £14.3m ($27.3m) from £20.7m in
JD Wetherspoon delays smoking ban JD Wetherspoon delays smoking ban Pub chain JD Wetherspoon has decided to delay its plans to bring in a complete smoking ban at its pubs in England. The company, which planned to introduce the measure in May 2006, now will wait until the government’s smoking
Wetherspoon squeezed by offer ban Wetherspoon squeezed by offer ban Profits have fallen at UK pub group JD Wetherspoon, as sales were hit by smoking bans and fewer drinks offers. The group said pre-tax profits after one-offs had fallen 16% to £38.7m for the year to 24 July. Unfavourable media
Non-smoking pubs hit Wetherspoon Non-smoking pubs hit Wetherspoon Pub chain JD Wetherspoon has said profits at its non-smoking pubs have come under pressure as the outlets sell less beer but more food. However, the firm said it remained “convinced” that smoke-free pubs were “the way forward”. It currently has 17
Wetherspoon sales growth slows Wetherspoon sales growth slows UK pubs group JD Wetherspoon has reported a dip in annual profits and warned that flat sales during August are likely to hit results this year. Pre-tax profits for the year to 25 July fell to £46.3m ($82.9m) down from £52.5m last
Euro 2004 hits Wetherspoon sales Euro 2004 hits Wetherspoon sales UK pubs group JD Wetherspoon has issued a profit warning after it was hit by poor sales during Euro 2004. The firm said like-for-like sales for the 11 weeks to 11 July were flat, blaming tough competition from supermarkets and
Euro 2004 hits Wetherspoon sales Euro 2004 hits Wetherspoon sales No-frills pubs operator JD Wetherspoon is considering allowing TVs in its bars in a bid to lure football-loving drinkers away from rival ale houses. The group has traditionally shunned TV and music but a successful trial of TV use in
Wetherspoon warns on red tape Wetherspoon warns on red tape Pubs group JD Wetherspoon warned increasing red tape and taxes are hitting the pub industry as it announced a rise in priofits. Pre-tax profits for the year to July rose 5% to £56.1m ($89.76m). The group added current trade in
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
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,
