The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWetherspoon (J.D) Share News (JDW)

Share Price Information for Wetherspoon (J.D) (JDW)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 727.50
Bid: 724.50
Ask: 726.00
Change: -5.50 (-0.75%)
Spread: 1.50 (0.207%)
Open: 740.00
High: 740.00
Low: 724.00
Prev. Close: 733.00
JDW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Fears Over Easing Covid Rules At Christmas As London Calls Last Orders

Tue, 15th Dec 2020 06:42

(Alliance News) - Scientists have warned that the easing of coronavirus restrictions over Christmas will cause a spike in infections, as London and some surrounding areas prepare to enter Tier 3.

The capital and parts of the commuter belt will be placed under the toughest measures – forcing the closure of hospitality – from Wednesday following a "very sharp" rise in cases.

Health Secretary Matt Hancock said higher infections in the South East may be in part due to a newly identified variant of coronavirus which is growing faster than the existing one.

The discovery sparked fresh concerns over plans to allow up to three households to mix indoors from December 23 to 27 – with fears the country will "pay the price" in the new year.

David Nabarro, a World Health Organisation special envoy working on Covid-19, said the price of such a relaxation "could well be very high".

Urging people to think carefully about their plans, he told Times Radio: "Just ask yourself, is there any way in which you can perhaps not have the family get-togethers this year?

"It's much better not to do it when there's this kind of virus about."

Stephen Reicher, of the University of St Andrews, said: "Right now we are heading towards disaster.

"Given high levels of infection across the country and the increasing levels in some areas (such as London) it is inevitable that if we all do choose to meet up over Christmas then we will pay the price in the new year."

The chief executive of the NHS Confederation, Danny Mortimer, questioned whether "these rules will be enough to protect the population in the short term".

Tory former minister Stephen Hammond, who represents Wimbledon, told BBC Two's Newsnight that he thought there would be a "rethinking" over whether it is appropriate for families to gather at Christmas.

Hancock said people should be "extremely careful" about who they mix with in the run-up to Christmas if they are planning to see elderly relatives over the festive period.

England's chief medical officer Chris Whitty also struck a cautious tone, saying people should not meet at Christmas just because they can.

He said: "The point of this (relaxation of rules) is for, under certain circumstances, families who wish to, to get together, but they really have to be very, very careful.

"And in particular, incredibly careful if they're around people who are vulnerable, who are at very high risk of this virus."

Downing Street insisted there were no plans to change the "Christmas bubble" policy despite the fears.

The decision to move London and parts of Essex and Hertfordshire into Tier 3 affects almost 10.8 million people and means 61% of England's population will be under the toughest restrictions from Wednesday.

It will have a devastating impact on the capital's nightlife, with theatres forced to shut and pubs and restaurants closed apart from takeaway and delivery services.

Warnings to avoid travel to Tier 3 areas will also deprive some of the UK's busiest shopping centres of trade at a crucial time of year.

Hancock acknowledged the measures would be a "blow" to people and businesses as he addressed a Downing Street press conference.

But he said: "We know from experience that the best thing to do in the face of this virus is to act fast, not to wait to see its growth continue – and we do not rule out further action.

"This rise in transmission, as well as this new variant of Covid. should be a warning to us all that even after such a difficult year, we must stay vigilant."

The Health Secretary stressed there was nothing to suggest the variant was more likely to cause serious disease, and suggested the vaccine should still be effective.

It came as a further 232 people had died within 28 days of testing positive for Covid-19 as of Monday, while there were a further 20,263 lab-confirmed cases of coronavirus in the UK.

Additionally, Education Secretary Gavin Williamson warned Greenwich council to keep schools open to all pupils or it would face legal action and Jeremy Farrar, director of the Wellcome Trust, said it would take almost a year to vaccinate the entire UK population against Covid-19, even with no interruptions in vaccine supply.

Pub giant JD Wetherspoon PLC also announced it would slash beer prices in areas of southern England going into Tier 3 restrictions to 99 pence per pint until last orders on Tuesday.

The government faced criticism from sectors of the economy affected by the decision to move London into Tier 3, as well as some Conservative backbenchers.

Kate Nicholls, of trade body UKHospitality, said the move places an "unfair, illogical and disproportionate burden on hospitality businesses without effectively tackling Covid".

The British Beer and Pub Association said 1,250 pubs in London which had remained open in Tier 2 would be forced to close.

And theatre impresario Cameron Mackintosh said the government's decision was "devastating" and "smacks of panic".

Tory MP and former chief whip Mark Harper, leader of the Covid Recovery Group of lockdown sceptics, said the move "shows that the current strategy to combat Covid isn't working".

Meanwhile, the latest findings from Imperial College London's seventh React study suggested the prevalence of coronavirus rose in parts of England towards the end of the second national lockdown.

The prevalence in London rose from 98 per 10,000 people in mid-November to 121 per 10,000 by the beginning of this month, according to the research.

source: PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Oct 2023 07:46

LONDON BRIEFING: Wetherspoon swings to profit; UK house prices fall

(Alliance News) - Stocks in London are called to open higher on Friday, as investors eye a key nonfarm payroll reading in the US.

Read more
6 Oct 2023 07:20

Wetherspoons sees LFL growth ease in first quarter

(Sharecast News) - UK pub chain JD Wetherspoon swung to a full-year profit after sales rose by over a tenth, though underlying growth has eased somewhat in the first quarter of the new financial year.

Read more
5 Oct 2023 11:08

Friday preview: U.S. non-farm payrolls, JD Wetherspoon in the spotlight

(Sharecast News) - All eyes at the end of the week would be on the U.S. non-farm payrolls report for the month of September.

Read more
29 Sep 2023 15:47

UK earnings, trading statements calendar - next 7 days

Monday 2 October 
James Halstead PLCFull Year Results
Tuesday 3 October 
Boohoo Group PLCHalf Year Results
Greggs PLCTrading Statement
Inspiration Healthcare Group PLCHalf Year Results
S&U PLCHalf Year Results
Tortilla Mexican Grill PLCHalf Year Results
Wednesday 4 October 
Tesco PLCHalf Year Results
Topps Tiles PLCTrading Statement
Thursday 5 October 
Ferrexpo PLCTrading Statement
HealthBeacon PLCHalf Year Results
Imperial Brands PLCTrading Statement
Pennon Group PLCTrading Statement
Volution Group PLCFull Year Results
Friday 6 October 
JD Wetherspoon PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Sep 2023 09:37

IN BRIEF: Mears promotes interim Chair Clarke to permanently fill role

Mears Group PLC - Gloucester, England-based housing and social care provider - Appoints Jim Clarke as chair on a permanent basis. Clarke was promoted to interim chair on June 28 following the resignation of Chair-Designate Chris Loughlin. He joined Mears's board in 2019. Company says Clarke has 30 years' experience serving on various PLC boards and that he "will provide experience and continuity". Clarke's previous roles include group chief financial officer of Countrywide PLC from 2007 to 2017, and finance director & company secretary of JD Wetherspoon PLC from 1998 to 2007.

Read more
11 Sep 2023 09:37

IN BRIEF: Mears promotes interim Chair Clarke to permanently fill role

Mears Group PLC - Gloucester, England-based housing and social care provider - Appoints Jim Clarke as chair on a permanent basis. Clarke was promoted to interim chair on June 28 following the resignation of Chair-Designate Chris Loughlin. He joined Mears's board in 2019. Company says Clarke has 30 years' experience serving on various PLC boards and that he "will provide experience and continuity". Clarke's previous roles include group chief financial officer of Countrywide PLC from 2007 to 2017, and finance director & company secretary of JD Wetherspoon PLC from 1998 to 2007.

Read more
5 Sep 2023 12:49

IN BRIEF: JD Wetherspoon corrects price of Tim Martin share purchase

JD Wetherspoon PLC - Watford, Hertfordshire-based pub and hotel chain - Company corrects purchase price of shares by Chair Tim Martin. Says Martin bought 968,544 shares on Friday last week at 700.41 pence per share, not 700.00p. This is worth GBP6.8 million in total. Martin, who opened the first Wetherspoon pub in 1979, now has 31.7 million shares, a 24.65% stake.

Read more
5 Sep 2023 12:44

Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.

Read more
4 Sep 2023 13:49

IN BRIEF: JD Wetherspoon's Tim Martin buys GBP6.8 million in shares

JD Wetherspoon PLC - Watford, Hertfordshire-based pub and hotel chain - Chair Tim Martin buys 968,544 shares at 700.00 pence, worth GBP6.8 million, on Friday last week. Martin, who opened the first Wetherspoon pub in 1979, now has 31.7 million shares, a 24.65% stake.

Read more
24 Aug 2023 12:30

IN BRIEF: Tortilla Mexican Grill adds former Wetherspoon exec to board

Tortilla Mexican Grill PLC - London-based fast-casual restaurant chain - Hires Keith Down to be senior independent director from Thursday. Down was finance director at pub chain JD Wetherspoon PLC, group finance director at transport operator Go-Ahead Group PLC, and chief financial officer of homewares retailer Dunelm Group PLC. Most recently, he was finance director of department store chain Selfridges Group. Down currently is senior independent director of retailer Topps Tiles PLC.

Read more
17 Jul 2023 09:20

LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
12 Jul 2023 17:13

Miners, banks lift FTSE 100, cooling US inflation lifts sentiment

Banks gain after major lenders clear BoE's stress test

*

Read more
12 Jul 2023 17:04

LONDON MARKET CLOSE: FTSE 100 soars as US inflation ebbs in June

(Alliance News) - Stock prices in London closed sharply higher on Wednesday, as US inflation cooled more than expected in June, boosting investor confidence.

Read more
12 Jul 2023 12:08

LONDON MARKET MIDDAY: FTSE 100 boosted by banks ahead of US inflation

(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".

Read more
12 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.