business
2 hours ago

Wetherspoons Announces 13 New UK Pubs Amid Tax Rise Challenges

Wetherspoons Announces 13 New UK Pubs Amid Tax Rise Challenges
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7 Highlights
  • JD Wetherspoon to open 13 new UK pubs in 2023, including Manchester and Bath.
  • Four new pubs will launch at Haven Holiday Parks in the UK.
  • The expansion will bring Wetherspoon's total venues to over 800.
  • Tim Martin calls for tax cuts on pub food to reduce industry strain.
  • JD Wetherspoon faces £60 million labor cost rise starting April 2025.
  • National Insurance and minimum wage hikes are impacting pubs.
  • Wetherspoon reports strong sales growth despite VAT challenges.
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