Wetherspoon’s Rising Costs Loom Over Outlook: The London Rush
Britain’s job market shows signs of cooling. One of the country’s largest pub chains warns of the potential impact of Covid restrictions as we enter cold weather. Here’s the key business news from London-listed companies this morning:
J D Wetherspoon Plc: The pub chain reported a decline in full-year sales of 4.3% when compared to 2019 and it is looking to sell 32 pubs. The company stated that it is difficult to predict the future as energy and labour costs are increasing.
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