Breaking News – Wetherspoon’s posts £105m pre-tax loss

Image of fire engine being donated to La Palma by Malaga Provincial Council. Credit: [email protected]

HIGH street pub chain Wetherspoon’s has announced a pre-tax loss of £105m, as founder Tim Martin blames “massive confusion” over the government’s coronavirus rules.

Mr Martin revealed Wetherspoon sales fell from £1.82bn to £1.26bn in the year to 26 July, while the chain reported a loss before tax of £105.4m.

Its chairman criticised ever changing COVID-19 rules,

“Under emergency powers, the government is making a lot of changes,” Mr Martin told the BBC’s Today programme,

“which we think in the industry are arbitrary, don’t work, like the curfew, and that’s making life almost impossible.”

The Wetherspoons boss also claimed there was “massive confusion” in the UK  over regulations, and said he supported Sweden’s model – which has chosen to keep large parts of society open while social distancing is promoted – where Mr Martin claimed,

“everyone knows what they’ve got to do”.

 

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Written by

Charlie Loran

Manchester born mummy with a two year old diva (2020), living on the Costa del Sol for just short of a decade.
Former chef and restaurateur, holistic health fanatic and lover of long words.

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