Company
JD Wetherspoon PLC
LON:JDW
J D Wetherspoon plc is a United Kingdom-based company engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.
374 stories · page 2 of 4
Budget: Pub shares underwhelmed by Chancellor's draught beer tax cut
Chancellor Jeremy Hunt announced 'draught relief' would be significantly increased, cutting duty on pub bought beer
Pub and bar bankruptcies surge as energy costs climb
Over 500 pubs and bars went bankrupt last year as higher costs hit the sector
JD Wetherspoon prices will go up, says boss Tim Martin
But pubco boss says long-term contracts will soften blow on his customer wallets
Wetherspoons supply woes continue, forcing menu changes
Wetherspoons is facing egg shortages due to the current wave of avian flu
JD Wetherspoon: Sales back to pre-pandemic levels, but cost substantially higher
The update also revealed the pub group has successfully refinanced a chunk of debt
JD Wetherspoon price and profits target cut on inflation fears
Peel Hunt argues the pub chain’s recent good news does not accurately reflect profitability for the company.
Hospitality sector facing huge closures warns trade body
One third of pubs and restaurants might shut down in coming months
Fifty pubs a month and counting: Hospitality sector continues to bleed
Myriad of factors, from a weak pound to soaring energy costs, have laid waste to pubs across England and Wales
Wetherspoon cuts losses but performance remains below pre-pandemic levels
The pubs chain said like-for-like sales rose over 10% in the first nine weeks of the current year
Archive
FTSE 100 closes in red and below 7,000 as traders fret about interest rates
The UK premier share index finished Friday down around six points, or 0.08%, at 6,991
Non-farm payrolls to set the mood, Wetherspoon also out: Friday's agenda
Consensus forecasts currently range between 250-300,000 jobs to have been added in September.
Wetherspoon boss Tim Martin's thoughts should be entertaining on Friday, even if results are not happy reading
Wetherspoons fixed its energy prices at lower levels - though most of its customers won't be so lucky
A cold one at your local London pub could cost up to £14 a pint in 2025
skyrocketing costs and double-digit inflation to send costs soaring in the hospitality sector
UK hospitality sector stabilises but faces 'a bumpy road ahead,' new research finds
Pubs and restaurants have "a bumpy road ahead" as the cost of food and energy bites
Price of a pint is unaffordable, say beer drinkers
More than half of YouGov respondents bemoan the cost of beer
JD Wetherspoon left gasping against competition
Supermarkets and staff costs are blamed for tepid growth, but analysts say the company is more exposed than others for various reasons
Wetherspoon’s warns of loss as post-pandemic boom fails to materialise
Sales on key product lines including draught ale underdeliver
FTSE 100 closes in red midweek as US inflation spooks investors
The UK's premier share index finished down around 53 points, or 0.74%, at 7,156 on the day
Builders and building materials
US inflation to take centre stage as financial markets fret about recession
Higher than expected inflation could see the euro break further below parity against the dollar
Best and worst stocks: JD Wetherspoon, Royal Mail among Liberum's least favoured, while easyJet, Whitbread worth a look
Liberum expects Spoons to reveal ‘weak post-Covid sales momentum, high labour intensity and narrow margins’
JD Wetherspoon back in the black as sales recover but costs rise
Like-for-like sales were down in the quarter compared to pre-pandemic 2019 but were "slightly positive" in the last two weeks of the period
Pubs on the recovery trail but headwinds are ahead, warns Deutsche Bank
“For pubs, cost pressures from wage, food and energy inflation mean profits would take longer to recover," the broker said.
JD Wetherspoon's Tim Martin urges Sunak to think again on VAT hike for pubs, restaurants and cafes
Martin has broken his four-day silence to offer some advice to Rishi Sunak ahead of the chancellor of the exchequer's Spring Statement tomorrow.
JD Wetherspoon slides into the red; calls restrictions 'kryptonite for hospitality'
"Following a traumatic two years for many businesses and people, the ending of COVID restrictions has brought a return to more normal trading patterns in recent weeks," said company founder Tim Martin
Archive
FTSE 100 ends near session highs, capping best week since November 2020
At the close, the UK blue-chip index was 19.39 points, or 0.3% higher at 7,404.73, fractionally below the session peak of 7,406.13
Pint half full for JD Wetherspoon on Friday?
Other updates are expected from Investec, ContourGlobal Eurocell, S4 Capital
Hospitality sector sees sales rise above pre-pandemic levels but pubs are still struggling
"It seems the market is striving to surge ahead but is held back by external pressures," said David Coffer, chairman at The Coffer Group
FTSE 100 finishes in the green as global markets digest financial risk of Russia-Ukraine conflict
PM explores possibility of increasing funding in the North Sea
JD Wetherspoon to continue stocking McSmirnoff but Russia's Baltika lager gets the (yo) heave-ho
Spoons has decided to stop selling a Russian lager hardly anyone had heard of
Pub beer sales fall as Britons kept at home by pandemic opt for stronger tipple
"At the moment I think people have got used to drinking at home and being at home,” Manchester Brewing Company director Paul Mellor told Sky News
Pubs and restaurants toast lifting of Plan B Covid restrictions
Now for the other problems such as rising costs and staff shortages
Beer prices set to rise by 50p a pint as costs soar
UKHospitality said pubs were facing “unprecedented” cost increases and would have to raise their food and drink prices
Wetherspoons warns of loss, says Downing St partygoers should have been able to go to pub
The pubs group believes the parties held at No. 10 Downing Street during lockdown in 2020 would not have happened if staff had been able to go to the pub instead
Covid-19 isolation period cut to five days in boost for hospitality
The isolation period had been cut from 10 to seven days during the Christmas period
Wetherspoon latest to warn of Covid 'Plan B' impact
UK is heading for a new “lockdown by stealth” due to new restrictions
Investments and investor services
Wetherspoon fires back at Fidelity in row over long-serving directors
Tim Martin, the co-founder and chairman of Spoons, is not the sort of person to let a perceived sleight go by
Wetherspoons shakes up drinks menu ahead of Christmas
The pub owner has ended its 41-year association with Heineken
UK pubs, bars and restaurant sales hit by inflation and labour shortages
Sales rose by 3% at the UK’s managed restaurant, pub and bar groups in October compared with the same month in 2019, down from a rise of 8% in September
Wetherspoon sales drop as COVID-19 fears keep cautious older patrons away
Like-for-like sales for the first 15 weeks of the current financial year fell by 8.9% compared with the same period in pre-pandemic 2019
Pubs and leisure sector shares jump as Chancellor offers rates relief and cuts beer duty
As well as a change to business rates for the leisure sector, a five-step plan was outlined to simplify the alcohol duty system
Pub sector pleads to be spared (for once) from the Chancellor's attention in the Budget
Finance ministers seem to be all in favour of houses, unless they are public houses. Meanwhile, the prospect of the £6 pint looms.
JD Wetherspoon teetering towards ‘worst case scenario’ - broker
'Spoons' suffers particularly as its business has always had a heavy reliance on what the analyst calls ‘vertical drinking’ – which literally means people standing in packed pubs
Wetherspoon says sales recovering but staff shortages weigh
Losses jumped to £154.7mln in the year to 25 July 2021 from £34.1mln the year before
Archive
FTSE 100 starts 4Q in the red; US markets rally at midday
The slump has been attributed to the end of the furlough scheme and the nation’s energy woes
JD Wetherspoon sure to have plenty to say in annual update
Pub group JD Wetherspoon is the most significant company scheduled to update investors tomorrow
Government reveals Plan B to tackle winter Covid
A Plan B would involve masks, potentially working from home and vaccine passports said the Health Secretary
Wetherspoons beer shortage not down to Brexit, says chairman Martin
The FTSE 250 group apologised to customers on Wednesday
Coca-Cola Europacific joins JD Wetherspoon in grumbling about shortages
Is an aluminium "tin" an oxymoron? Either way, tins of Coke might be in short supply as Coca-Cola Europacific has reported it is finding it difficult to source supplies of aluminium
No shortage of shortages as shop prices head higher in August
The British Retail Consortium indicated retail prices rose by 0.4% in August, with much of the blame for the increase put down to a shortage of lorry drivers and the concomitant supply chain disruption.
Wetherspoons sorry as lorry crisis hits beer supplies
"We are experiencing some supply problems with both Carling and Coors"
Wetherspoons scraps no-football policy as UK pubs expected to serve 7mln pints on semi-final
The no-football rule has been hampering recovery in the past weeks
Wetherspoon's sales continue to falter following reopening
The pub chain reported that bar and food sales from April 12 and May 16, when only outdoor service was permitted, had been 49% lower than in 2019, however this had narrowed as lockdown restrictions were eased
England v Germany face-off is the proverbial "six pinter" for England fans
Some fans have been down the boozer since 7.00 this morning. By the time the face-off starts, they'll be off their faces
Air of doom and gloom starts to lift in the pubs and bars sector
The proportion of pub and bar owners expressing "high confidence" that their business will survive the next three months is rising but so is the percentage expressing low confidence their business will survive
Wetherspoons pro-Brexit boss says comments on need for more EU workers were ‘taken out of context’
Earlier on Wednesday, Tim Martin told the Telegraph the UK should have a "reasonably liberal immigration system"
Archive
FTSE 100 ends back in the green; S&P 500 climbs toward a record in the US
The UK blue-chip index was supported by fashion group and oil companies, while Wall Street edged higher at midday in the US
Pubs set for watered-down Bank Holiday bonanza
For the British Beer and Pub Association, the glass is half-empty
Pubs set to pull 3mln pints on 'Freedom Monday'
Emma McClarkin, BBPA chief executive, added: “The countdown to freedom, and recovery, is on.”
Pubs and restaurants enjoy 'encouraging' weekend but less than a quarter reopened
The first visit fear that many had in July last year is now playing less of a role.
Pubs might be forced to put calorie information on beer taps (don't tell Tim Martin!)
What next? Calorie information on the outside of ice cream vans? How many calories are there in a 99, anyway? More than 99, I bet.
Wetherspoon's investment programme could create significant value, says broker
Analysts at Peel Hunt upgraded the public to 'hold' from 'reduce', saying it was now taking a "more constructive approach" after criticising the UK government for its lockdown policy
Wetherspoon's to create 2,000 new jobs through pub expansion strategy
The publican said it is planning to open 18 new pubs and add "significant extensions and upgrades" to its existing locations as part of the £145mln project
Wetherspoons tumbles into loss as lockdown cuts sales in half
The publican swung to a £46.2mln loss compared to a £57.9mln profit a year ago
Archive
FTSE 100 closes in the red as Fed action on banks hits equities
London's index of big caps tumbled 60 points to 6,718
JD Wetherspoon to feel the cash burn
Since we last heard from JD Wetherspoon, the chancellor of the exchequer has announced his budget. Will Spoons' chairman Tim Martin have some thoughts on this? What do you think?
Coronavirus: UK government to extend pavement licences to support recovery for pubs and restaurants
Venues will also be able to erect marquees and awnings for two months without planning permission
JD Wetherspoon to open outdoor space in half of English pubs on 12 April
Wetherspoon has 875 pubs in the UK, including 750 in England.
Trade group says outdoor re-opening only will keep most pubs shut
Pubs should be able to open re-fully, inside and out, alongside non-essential retail shops in April,
Pubs and restaurants call for April re-opening as vaccine programme expands
JD Wetherspoon boss says the pub industry is on its knees and needs to reopen
Heineken cuts 8,000 jobs to add to brewery sector woes
Coronavirus lockdown restrictions have already led to nearly 6,000 closures of bars and restaurants
Warning of 'worse to come' after 9,900 pubs and restaurants are lost in 2020
There were 9,930 closures during the year, slightly offset by 3,955 openings - though sector figures reckon "much worse" is still to come
Wetherspoon's second cash call part of a 'pub trawl' by cash-rich industry figures
Ex-Green King boss Rooney Anand has drummed up a £200mln warchest from a US private equity firm to invest in UK pub assets
Wetherspoon's taps investors for funds as it eyes acquisitions in battered pub sector
The publican also said the £93.7mln raised will help strengthen its balance sheet and liquidity as its sites remained shuttered during the UK's latest lockdown
Coronavirus: Pubs sell beer for 99p ahead of new restrictions, Debenhams launches closing down sale
“It is not fair that pubs in London and other parts of England receive four times less financial support than pubs in Wales,” the pub industry body said
Wetherspoon's to keep almost half of pubs closed due to new coronavirus tiers
“It is very disappointing that yet another raft of regulations has been introduced, which has effectively closed half our pubs," said Tim Martin, the pub group's chairman
Wetherspoons gets short shrift from broker as pub company tries to score political points
Boss Tim Martin is likely to keep its prices very low until the end of March “due to its crusade to make the VAT cut permanent”, analysts said
Wetherspoon sales fall by more than a quarter due to lockdown restrictions
The publican said sales in October had been “significantly lower than the previous months” and blamed additional restrictions imposed by the UK government including regional tiered lockdowns and a 10pm curfew on pubs and bars
Coronavirus: English pubs can sell takeaway drinks during lockdown after government U-turn
Customers need to order online or by phone, but industry bodies say it is unfair because supermarkets can sell alcohol as usual
Pubs and restaurants hit by coronavirus rules to receive new govt support
A new grants scheme will be introduced for businesses hit by Tier 2 restrictions, even if they are not legally required to close
Coronavirus: Wales to enter two-week ‘firebreak’ lockdown
The Welsh Government will provide a package of almost £300mln for businesses
Coronavirus: Lancashire agrees to move into tier-3 local lockdown with £42mln funding package
The decision will affect 1,144 pubs and wine bars, 98 betting shops, 167 gyms and three casinos
JD Wetherspoon tumbles into loss as chairman blasts new coronavirus pandemic restrictions
The pubs group said like-for-like sales in the year to July 26, 2020, plunged nearly 30% as its entire pub estate was forced to close earlier in the year due to the UK's lockdown
Archive
FTSE 100 closes firmly higher; Wall Street cruises as US retail sales jump
The data showed US retail sales rose 1.9% month, well ahead of estimates of around 0.6%
Archive
Wetherspoon's results to close out the week alongside US retail data
The results are set to quantify the loss the publican predicted in August
UK govt to cover a third of wages in new job support scheme, extends support for hospitality industry
The government will keep VAT at 5% for the tourism and hospitality sectors to the end of next March
Archive
Coronavirus: Wetherspoons cuts 450 jobs as hospitality industry criticises curfew rule
UKHospitality said the new rules are "another crushing blow" for many businesses
Archive
FTSE 100 ends with modest gains; US stocks mixed at midday
After yesterday's cage-rattling, UK equities have rallied today
Coronavirus: Wetherspoons reports COVID-19 cases among staff as ‘rule of six’ starts
According to the latest guidance, hospitality businesses must have a system to collect NHS Test and Trace data as of Friday
Wetherspoon's higher as its highlights recent acceleration in sales
The pub chain partially attributed the sales jump to the UK government's 'Eat; Out to Help Out' scheme, which offers diners discounts on food and soft drinks on certain days across the month on August
JD Wetherspoon: new round of coronavirus blame game amid rise in virus cases
There have been reports that the group's pubs have not been enforcing social distancing rules
Wetherspoon boss wants investigation into how virus spreads as Aberdeen lockdown extended
Aberdeen went into lockdown a week ago after a sharp rise cases of coronavirus that was blamed on pubs in the city
Wetherspoons to cut a third of head office jobs
Up to 130 senior manager and staff risk to be made redundant