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

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

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Share Price: 791.00
Bid: 790.50
Ask: 792.50
Change: 2.50 (0.32%)
Spread: 2.00 (0.253%)
Open: 780.00
High: 793.50
Low: 780.00
Prev. Close: 788.50
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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)

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9 Nov 2022 11:13

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(Alliance News) - JD Wetherspoon PLC on Wednesday said like-for-like sales in the early stages of its current financial year are ahead of pre-virus levels, but in the "last" five weeks, sales were 1.1% lower than during the same period in 2019.

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9 Nov 2022 10:49

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Sales rise at Wetherspoons but October sees slowdown

(Sharecast News) - Pub chain JD Wetherspoon posted a rise in sales on Wednesday as it continues to recover from pandemic restrictions, but said it had seen a slight slowdown in October.

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2 Nov 2022 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 3 November 
BT Group PLCHalf Year Results
Gattaca PLCFull Year Results
Glanbia PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Lancashire Holdings LtdTrading Statement
OSB Group PLCTrading Statement
Polymetal International PLCQ3 Results
RS Group PLCHalf Year Results
Rolls-Royce Holdings PLCTrading Statement
Smith & Nephew PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
UP Global Sourcing Holdings PLCFull Year Results
WAG Payment Solutions PLCTrading Statement
Wheaton Precious Metals CorpQ3 Results
Woolworths Group LtdQ1 Results
Friday 4 November 
Apax Global Alpha LtdFull Year Results
Monday 7 November 
Great Eastern Energy Corp LtdHalf Year Results
Kingspan Group PLCTrading Statement
Ryanair Holdings PLCHalf Year Results
Tuesday 8 November 
Argentex Group PLCHalf Year Results
Associated British Foods PLCFull Year Results
Aveva Group PLCHalf Year Results
Beximco Pharmaceuticals LtdFull Year Results
Coca-Cola HBC AGTrading Statement
DCC PLCHalf Year Results
Direct Line Insurance Group PLCTrading Statement
Egdon Resources PLCFull Year Results
Hilton Food Group PLCTrading Statement
Marks Electrical Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Persimmon PLCTrading Statement
Warehouse REIT PLCHalf Year Results
YouGov PLCFull Year Results
Zoo Digital Group PLCHalf Year Results
Wednesday 9 November 
Aviva PLCTrading Statement
Biffa PLCHalf Year Results
Conduit Holdings LtdTrading Statement
Dignity PLCTrading Statement
Flutter Entertainment PLCTrading Statement
Gelion PLCFull Year Results
Georgia Capital PLCQ3 Results
Gym Group PLCTrading Statement
JD Wetherspoon PLCTrading Statement
ITV PLCTrading Statement
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Norcros PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Smiths News PLCFull Year Results
Taylor Wimpey PLCTrading Statement
Tracsis PLCFull Year Results
Volex PLCHalf Year Results
Watches of Switzerland Group PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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7 Oct 2022 11:37

Wetherspoon's loss shrinks as younger crowd lift spirits

FY losses narrow

*

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7 Oct 2022 09:59

TOP NEWS: JD Wetherspoon shares jump on strong start to new year

(Alliance News) - JD Wetherspoon PLC on Friday reported higher annual revenue and a rise in like-for-like sales in the first nine weeks of financial 2023, but said performance predictions are hard to make due to higher labour and repair costs.

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7 Oct 2022 08:46

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7 Oct 2022 07:10

Wetherspoons narrows losses as current yr sales rise 10%

(Sharecast News) - Shares in Wetherspoons surged on Friday as the UK pub chain narrowed annual losses and said like-for-like sales in the first nine weeks of the current financial year were up 10% despite soaring costs, but warned it faced a challenge to lure drinkers back into its venues.

Read more

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