Category Archives: JD Wetherspoon

Wetherspoon’s to open first pub in Spain – offering garlic prawns and beer from 6am

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Opening in Alicante airport is the chain’s first move into mainland Europe, and will offer outdoor drinking

Wetherspoon’s is to open its first pub outside the UK and Ireland, serving alcohol from 6am every day to sun-seeking Britons waiting for their plane in the departure lounge at Alicante airport.

The opening in Spain, scheduled for January, will be the first foray on to continental European soil for the pub chain, which said it expects to pursue more footholds on the continent in the coming years.

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Wetherspoon’s boss vows to keep price rises to a minimum as he criticises energy bills

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Beefed-up packaging tax will triple pub chain’s costs from the levy to £2.4m a year, says Tim Martin

The boss of the pub chain Wetherspoon’s has vowed to keep price increases to a “minimum”, after blaming a beefed-up packaging tax and rising energy bills for extra costs.

Tim Martin said the recently introduced “extended producer responsibility” levy on packaging would lead to the company’s costs from the tax tripling from £800,000 to £2.4m a year.

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Wetherspoon’s boss Tim Martin praises economic ‘pedigree’ of Rachel Reeves

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Brexit supporter calls for new chancellor to ‘rectify tax inequality’ in hospitality industry

Tim Martin, the politically outspoken boss of the JD Wetherspoon pub chain, has praised the new Labour chancellor’s economic “pedigree”, as he called for tax changes to help the struggling hospitality sector.

Martin regularly publishes economic and political commentary alongside his company’s results and has previously voiced support for Brexit and Boris Johnson.

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Wetherspoon’s returns to profit for first time since Covid pandemic

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Cost of living crisis drives consumers to low-cost pub chain but company remains cautious

JD Wetherspoon has bounced back to profit for the first time since the start of the coronavirus pandemic three years ago, as budget-conscious consumers flocked to the low-cost pub chain amid the cost of living crisis.

Wetherspoon’s, which runs about 830 pubs across the UK and Ireland, reported a pre-tax profit of almost £43m in the year to 30 July.

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Wetherspoon’s boss: hospitality holding off price rises could be ‘catastrophic’

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Tim Martin says Bank of England is right to ask firms to be mindful but advice should not be taken too literally

The boss of JD Wetherspoon has warned it could be “catastrophic” for pubs and restaurants to hold off raising prices as costs continue to soar, as the pub chain revealed that the “ferocious” impact of inflation has fuelled a dramatic increase in its bills.

Tim Martin said that Andrew Bailey, the governor of the Bank of England, was right to warn companies to be mindful of how much they put up prices to avoid continuing to fuel an inflationary cycle, after the headline annual rate unexpectedly rose to 10.4% last month.

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The foreign royals and billionaire tax exiles collecting UK’s furlough millions

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Read the list of super-rich claimants, from Saudi princes to Dubai monarchs, tax exiles to the UK’s richest

Glympton Park is a sprawling, 2,000-acre estate featuring an 18th-century stately home, nestled in the verdant Oxfordshire countryside near Woodstock.

It was bought for £8m in 1992, by Prince Bandar bin Sultan bin Abdul Aziz al-Saud, the senior Saudi royal whose past roles include ambassador to the US. He is said to have spent £42m on renovations, including a pheasant shoot and bullet-proof glass on the driveway to thwart would-be assassins.

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