Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video 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: 741.00
Bid: 740.50
Ask: 743.00
Change: -1.50 (-0.20%)
Spread: 2.50 (0.338%)
Open: 747.50
High: 747.50
Low: 736.00
Prev. Close: 742.50
JDW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-UK's Sunak stumps up more help for COVID-hit businesses

Thu, 22nd Oct 2020 12:06

(Recasts after Sunak statement)

By David Milliken and William James

LONDON, Oct 22 (Reuters) - British finance minister Rishi
Sunak on Thursday was forced to offer more financial help to
businesses grappling with a resurgence of the COVID-19 pandemic,
which looks increasingly likely to derail the economic recovery.

Sunak told parliament the government will shoulder more of
the burden for paying employees' wages for businesses that are
still open but experiencing difficulty, and offer more money to
hospitality companies.

The move marks a turnaround for Sunak after he long resisted
calls to extend the generosity of government support schemes.
Opponents have said it was obvious that more help was needed and
that it should have come sooner.

Britain - the worst-hit European nation during the COVID-19
pandemic with more than 44,000 related deaths - is now seeing a
second wave of the virus, recording 26,688 new cases and 191
deaths on Wednesday.

"I've always said that we must be ready to adapt our
financial support as the situation evolves, and that is what we
are doing today. These changes mean that our support will reach
many more people and protect many more jobs," Sunak said.

Some sectors are now in dire straits. An official survey
published earlier on Thursday showed more than a third of
hospitality companies are at risk of going bust.

Sunak said he would offer a new grant to hospitality
businesses worth 2,100 pounds per month that can be claimed
retrospectively to August.

He also tweaked the Job Support Scheme designed to dissuade
businesses from making people redundant and instead keep workers
on reduced hours.

Businesses will now have to pay 5% of the cost of wages for
unworked hours, compared with 33% previously.

Following criticism that the government had done too little
to help self-employed people, Sunak said he would double the
next grants for the self-employed to 20% to 40% of their
previous incomes.

"I hope the government's stepped-up support can be part of
the country pulling together in the coming months," Sunak said.
(Writing by Andy Bruce; editing by Sarah Young)

More News
27 Oct 2021 16:57

LONDON MARKET CLOSE: FTSE 100 dips but budget buoys homebuilders, pubs

LONDON MARKET CLOSE: FTSE 100 dips but budget buoys homebuilders, pubs

Read more
27 Oct 2021 15:42

UPDATE 1-Britain's pubs boosted by major overhaul of alcohol taxes

* UK announces simplification of alcohol duties* Planned increase in alcohol taxes scrapped* Pub company shares rise (Adds details)By Andrew MacAskillLONDON, Oct 27 (Reuters) - British finance minister Rishi Sunak announced what he called the bigge...

Read more
27 Oct 2021 14:06

Pub shares rally as chancellor announces 'draught relief'

(Sharecast News) - Shares in pub chains rallied on Wednesday after Chancellor Rishi Sunak announced a new tax relief for pubs in the autumn Budget.

Read more
27 Oct 2021 13:28

UK to simplify alcohol taxes, scraps planned increase in duty

LONDON, Oct 27 (Reuters) - British finance minister Rishi Sunak scrapped a planned increase in duty on alcohol worth about 3 billion pounds ($4 billion) and simplified taxes to help pubs as they struggle to recover from the coronavirus pandemic.In...

Read more
27 Oct 2021 10:10

UPDATE 2-FTSE 100 slips, midcaps gain after UK growth forecast lifted

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Bloomsbury jumps on dividend raise* Sunak upgrades UK growth forecast* Pub operators gain as alcohol duty scrapped* FTSE 100 down 0.3%, FTS...

Read more
27 Oct 2021 10:10

UPDATE 3-FTSE 100 slips, midcaps gain after UK growth forecast lifted

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Bloomsbury jumps on dividend raise* Sunak upgrades UK growth forecast* Pub operators gain as alcohol duty scrapped* FTSE 100 down 0.3%, FTS...

Read more
19 Oct 2021 09:32

LONDON BROKER RATINGS: Upgrades for Pearson; Berenberg cuts IAG, Wizz

LONDON BROKER RATINGS: Upgrades for Pearson; Berenberg cuts IAG, Wizz

Read more
19 Oct 2021 08:13

LONDON BRIEFING: UK CMA probes Meggitt takeover and streaming music

LONDON BRIEFING: UK CMA probes Meggitt takeover and streaming music

Read more
4 Oct 2021 09:26

LONDON BROKER RATINGS: Upgrades for Burberry, Future and Wetherspoon

LONDON BROKER RATINGS: Upgrades for Burberry, Future and Wetherspoon

Read more
4 Oct 2021 08:04

LONDON BRIEFING: Ryanair and Wizz see passenger rebound as rules eased

LONDON BRIEFING: Ryanair and Wizz see passenger rebound as rules eased

Read more
1 Oct 2021 17:05

LONDON MARKET CLOSE: Rocky start to October as inflation fears persist

LONDON MARKET CLOSE: Rocky start to October as inflation fears persist

Read more
1 Oct 2021 12:16

LONDON MARKET MIDDAY: Stocks fall as Biden spending plan under threat

LONDON MARKET MIDDAY: Stocks fall as Biden spending plan under threat

Read more
1 Oct 2021 08:56

LONDON MARKET OPEN: Stocks down; AO World sinks as Covid boost fades

LONDON MARKET OPEN: Stocks down; AO World sinks as Covid boost fades

Read more
1 Oct 2021 08:34

UPDATE 3-European stocks hit 2-month lows on inflation worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 enters Oct with declines* UK companies warn of staff crunch* Tech, miners, banks among biggest fallers (Adds comments, updates p...

Read more
1 Oct 2021 08:18

LONDON BRIEFING: AO World sees pandemic boost fade; Greencore rebounds

LONDON BRIEFING: AO World sees pandemic boost fade; Greencore rebounds

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.