George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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: 733.50
Bid: 735.50
Ask: 737.50
Change: 10.50 (1.45%)
Spread: 2.00 (0.272%)
Open: 727.00
High: 737.00
Low: 726.00
Prev. Close: 723.00
JDW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Wetherspoon calls for "sensible" UK rules as pub losses mount

Fri, 16th Oct 2020 07:46

(Adds details on results; other job cuts)

Oct 16 (Reuters) - The head of British pub operator J D
Wetherspoon warned on Friday of the threat posed to his
industry and the wider economy from measures to try to contain
the coronavirus, after the company sank to an annual loss.

Announcing a further 108 job cuts, this time at the
company's head office, Wetherspoon said its pretax profit had
sunk from 102 million pounds in the financial year ending July
2019 to a 34 million pound loss in the year to July 26.

The statement follows Marston's announcement of up
to 2,150 job losses earlier this week, and warnings from pub
bosses across northern England that the latest round of
restrictions will wipe out their businesses.

"The company and the entire hospitality industry need a more
sensible and consistent regulatory framework in which to
operate," said Chairman Tim Martin, who has been an outspoken
opponent of coronavirus restrictions for much of this year.

"The current environment of lockdowns, curfews and
constantly changing regulations and announcements threatens not
only pub companies, but the entire economy," he added.

Wetherspoon employed around 43,000 people at the end of its
last financial year and had already said it would cut up to 130
jobs at its head office and 400 to 450 employees at airport
concessions.

Shares in the company, which have already sunk this year,
were expected to fall another 3% at opening.

($1 = 0.7755 pounds)
(Reporting by Aakash Jagadeesh Babu and Yadarisa Shabong in
Bengaluru; editing by Patrick Graham)

More News
17 Nov 2022 09:59

Pub group Fuller's confident on Christmas after London recovery drives sales

Nov 17 (Reuters) - Fuller, Smith & Turner said it was confident customers would keep flocking to its pubs this Christmas despite the challenging economic environment, after tourists and commuters returned to London, driving sales higher.

Read more
12 Nov 2022 09:00

UK pubs call for beer duty freeze ahead of tough Christmas

Nov 12 (Reuters) - Britain's pubs want the government's help in keeping prices of a pint affordable this Christmas, as surging inflation is driving up costs for businesses and hampering consumers' purchasing power.

Read more
10 Nov 2022 15:48

UK shareholder meetings calendar - next 7 days

Friday 11 November 
88 Energy LtdGM proposed resolutions vote
Abcam PLCGM re approval to leave AIM on 14 December
Galliford Try Holdings PLCAGM
Ingenta PLCGM capital allocation
Redrow PLCAGM
Monday 14 November 
DeepVerge PLCGM re conditional placing, conditional subscription and broker offer
Tuesday 15 November 
Berkeley Energia LtdAGM
Biffa PLCGM re proposed takeover by ECP
Craneware PLCAGM
Unicorn AIM VCT PLCAGM
Unicorn Mineral Resources PLCAGM
Wednesday 16 November 
European Opportunities Trust PLCAGM
Finsbury Food Group PLCAGM
GreenX Metals LtdAGM
Jubilee Metals Group PLCAGM
Litigation Capital Management LtdAGM
Marble Point Loan Financing LtdAGM
McBride PLCAGM
Petra Diamonds LtdAGM
Smiths Group PLCAGM
ThinkSmart LtdAGM
Thursday 17 November 
Advance Energy PLCAGM
Aveva Group PLCGM re acquisition by Schneider Electric
Close Brothers Group PLCAGM
Cordel Group PLCAGM
Eagle Eye Solutions Group PLCAGM
Finsbury Food Group PLCAGM
FW Thorpe PLCAGM
Henderson EuroTrust PLCAGM
JD Wetherspoon PLCAGM
Kier Group PLCAGM
New Star Investment Trust PLCAGM
Reabold Resources PLCGM re requisitioned resolutions to remove board
Ricardo PLCAGM
Seraphim Space Investment Trust PLCAGM
Superdry PLCGM re annual and remuneration report
Supermarket Income REIT PLCAGM
Thor Mining PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
9 Nov 2022 17:05

LONDON MARKET CLOSE: European stocks tread water amid US midterms

(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading.

Read more
9 Nov 2022 12:09

LONDON MARKET MIDDAY: China worries hit FTSE; Meta slashes 11,000 jobs

(Alliance News) - Covid-19 worries in China and weaker oil prices combined to hurt the FTSE 100 going into Wednesday afternoon.

Read more
9 Nov 2022 11:28

Real estate: pricing in balance sheet restructuring

STOXX 600 down 0.5%

*

Read more
9 Nov 2022 11:13

JD Wetherspoon shares down as most recent sales fall below pre-Covid

(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.

Read more
9 Nov 2022 10:49

What matters? U.S. elections or the Fed?

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at .

Read more
9 Nov 2022 09:13

STOXX slips ahead of U.S. midterm results, Ithaca debuts

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at .

Read more
9 Nov 2022 07:53

LONDON BRIEFING: Flutter ups US outlook; Aviva backs payout guidance

(Alliance News) - Shares in London are set to open lower on Wednesday, with virus worries in China harming sentiment once again, while attention also is on US politics.

Read more
9 Nov 2022 07:24

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.

Read more
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.

Read more
27 Oct 2022 10:14

LONDON BROKER RATINGS: Kepler Cheuvreux starts Haleon at 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

Read more
13 Oct 2022 10:14

LONDON BROKER RATINGS: Mondi and Smurfit Kappa raised, DS Smith cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
7 Oct 2022 17:09

LONDON MARKET CLOSE: US jobs data strengthens case for hawkish Fed

(Alliance News) - Stocks in London ended in the red on Friday as US employment levels advanced at quicker pace than expected, strengthening the case for another 75 basis point rate hike by the US Federal Reserve.

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.