Wetherspoon's chairman warns of potential price hikes due to a 67% rise in tax costs.

Wetherspoon Chairman Tim Martin has announced potential price hikes for customers due to a substantial increase in the pub chain's tax bill, projected to rise by two-thirds next year. This change, resulting from the UK government's autumn Budget, is expected to increase Wetherspoon's costs by approximately £60 million, including a 67% rise in national insurance contributions. All hospitality businesses are likely to raise prices to manage these increased costs.

November 06, 2024
31 Articles

Further Reading