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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.
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Suffolk News broke the news in on Friday, March 21, 2025.
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