All the updated news related to tim martin

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City

Wetherspoon hopes to ‘break even’ this year, but cautions over cost woes

Pub giant JD Wetherspoon has said it expects to break even this year after returning to profit in the third quarter, but flagged “considerable” pressure on costs as staff and energy bills jump. The chain said like-for-like sales in its third quarter ...

04 May 2022 at 10:25

City

Pub chain Wetherspoon faces ‘challenge’ to get drinkers back into bars

Wetherspoon is facing “a momentous challenge” to persuade pubgoers back into its bars after they got used to drinking cheap supermarket beer during the pandemic, the company’s boss has said. Tim Martin revealed that while his business had cut ...

07 Oct 2022 at 09:10

City

Wetherspoon’s sales jump over Christmas but still lag behind pre-Covid

JD Wetherspoon has revealed that its sales at the end of 2022 were far higher than the previous year, after a particularly strong Christmas, but still lagging slightly behind pre-pandemic levels. The hospitality chain, with runs 844 pubs in ...

25 Jan 2023 at 08:11

City

Wetherspoons boss condemns MPs over ‘lack of understanding’ on inflation

The boss of pub giant JD Wetherspoon has condemned a “lack of understanding” from MPs over inflation as the chain benefited from bumper bank holiday trade. Shares in the pub group lifted on Wednesday morning after it predicted record sales ...

10 May 2023 at 14:03

Emilia Clarke, Tim Martin, and Sajid Javid among those to collect honours

Publican Sir Tim Martin, former chancellor Sir Sajid Javid and actress Emilia Clarke are among those set to collect honours at Windsor Castle. They will attend an investiture ceremony alongside a host of other luminaries on Wednesday. ...

21 Feb 2024 at 02:45

City

People in the habit of drinking at home post-Covid, Wetherspoon’s boss says

JD Wetherspoon has revealed its sales are still lagging behind pre-pandemic levels as boss Tim Martin said far more people now drink in their homes rather than in pubs. The hospitality chain, which runs 844 pubs in the UK and Ireland,...

25 Jan 2023 at 11:19

City

Wetherspoon selling another 22 pubs amid estate overhaul

Pub group JD Wetherspoon has said 22 of its pubs remain up for sale after offloading 28 already so far this year as part of an overhaul of its estate. The group denied the move was a “money-raising exercise” amid tough trading ...

12 Jul 2023 at 08:23

City

No 10 staff would have been better off partying in a pub, says Wetherspoon

The Brexit-supporting boss of Wetherspoon, who once called Boris Johnson a “winner”, has said that, if Downing Street staff had been able to attend pubs in May 2020, his employees would have dealt with their alleged “high ...

19 Jan 2022 at 09:55

City

Wetherspoon boss warns over price hikes after Budget tax rises

The boss of Wetherspoon has warned over price rises after the autumn Budget, as he said the pub chain’s tax bill will jump by two thirds next year. Tim Martin, Wetherspoon’s chairman, said he believes “all hospitality ...

06 Nov 2024 at 08:15

City

Wetherspoon warns over annual losses due to hiked wages and slow sales recovery

Pub chain JD Wetherspoon has warned over annual losses after hiking staff wages and ramping up spending on repairs and marketing amid a slow recovery in bar trade. The group said it is now expecting losses of around ...

13 Jul 2022 at 10:13

City

Russian-born mathematician biggest taxpayer in the UK last year

A mathematician who was born in Russia and has spoken out against Vladimir Putin’s war in Ukraine was the UK’s biggest taxpayer last year. The Sunday Times tax list revealed on Friday that 100 wealthy people or ...

27 Jan 2023 at 07:00

City

Wetherspoon sees sales come under pressure

JD Wetherspoon has revealed slowing sales and said it is facing “substantially higher” costs across the group. The pub chain saw like-for-like sales drop 1.1% in the five weeks to November 6 when compared with ...

09 Nov 2022 at 09:37

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