Wetherspoons: Could more price hikes be on the cards as Martin warns of £60m staffing cost hit?
- Shopkeepers in Bury St Edmunds are warning of potential price increases due to rising costs, including a significant hike in business rates and National Insurance contributions, effective from April 2025.
- Giles Henderson, owner of Hendo's fish and chip shop, stated, 'My rates have risen from £296 a month to £711,' highlighting the financial strain on local businesses.
- Wetherspoon's chairman, Sir Tim Martin, expressed that increased labor costs could add £60 million annually to the company's expenses, stressing that 'increases of this nature inevitably have a disproportionate impact on pubs.'
- Shopkeepers in Bury St Edmunds face rising costs, including a 142% hike in business rates, leading to potential price increases for customers starting in April.
15 Articles
15 Articles
Wetherspoons to close popular seaside pub TODAY ahead of city branch shutting
WETHERSPOONS is set to close a popular seaside pub today – just weeks ahead of a city centre branch shutting. The boozer, which sits inside a grade II listed building on the seafront, is shutting up shop after buyers stepped in to take on the site. RexThe Quay in Dorset is closing today[/caption] WetherspoonsThe Spon gate in Coventry is shutting up shop on May 25[/caption] Quay in Poole, Dorset was taken over by Spoons in 1996. News of the closu…
Wetherspoon shutting two pub branches within weeks - with first closing tomorrow - The Mirror
The Spoons site on Croft Road is named after one of the 12 gates in the city's medieval wall which used to be one of the five main entrances to the city back in the 1400's
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