Pub group Young’s toasts bumper sales year despite rising costs and poor weather

Pub group Young’s toasts bumper sales year despite rising costs and poor weather

Young’s boss Simon Dodd hailed rising sales despite ‘turbulence’ throughout the year affecting the wider pub industry.

Business briefing: Wetherspoon costs soaring, says Martin - Beer Today

JD Wetherspoon chairman Tim Martin says his company’s cost are rising by £1.2m a week. “We’re coping, but not everyone will cope,” he says. In an interview with ITV’s Robert Peston, he admitted that his group had advantages over competitors, such as owning the freehold of many of its sites and having low debt. “I think a lot of other people haven’t got all those things going for them and may struggle more,” he said. Meanwhile, Haven Holidays’ ch…