We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

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
7 Oct 2022 12:13

LONDON MARKET MIDDAY: Investors hope nonfarms will force Fed to relent

(Alliance News) - London's FTSE 100 edged higher on Friday, despite simmering geopolitical tensions, US Federal Reserve hike worries and wider market trepidation ahead of the latest US jobs report later.

Read more
7 Oct 2022 11:37

Wetherspoon's loss shrinks as younger crowd lift spirits

FY losses narrow

*

Read more
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.

Read more
7 Oct 2022 08:46

LONDON MARKET OPEN: European markets tread water ahead of US jobs data

(Alliance News) - Stock prices in London opened mixed, as less-than-positive local economic data unnerved investors ahead of a critical US jobs print.

Read more
7 Oct 2022 07:44

LONDON BRIEFING: Stocks to open lower ahead of US jobs data

(Alliance News) - Stocks in London were called lower on Friday ahead of key US jobs data, and after further hawkish cues from the US Federal Reserve.

Read more
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
30 Sep 2022 15:58

UK earnings, trading statements calendar - next 7 days

Monday 3 October 
James Halstead PLCFull Year Results
Quadrise Fuels International PLCFull Year Results
Renewi PLCTrading Statement
SRT Marine Systems PLCHalf Year Results
Tortilla Mexican Grill PLCHalf Year Results
Tuesday 4 October 
Greggs PLCTrading Statement
Inspiration Healthcare Group PLCHalf Year Results
Wednesday 5 October 
Hyve Group PLCTrading Statement
Netcall PLCFull Year Results
Tesco PLCHalf Year Results
Vertu Motors PLCHalf Year Results
Thursday 6 October 
Avation PLCFull Year Results
Chemring Group PLCTrading Statement
CMC Markets PLCTrading Statement
Ferrexpo PLCQ3 Results
Imperial Brands PLCTrading Statement
N Brown Group PLCHalf Year Results
Volution Group PLCFull Year Results
Friday 7 October 
Hollywood Bowl Group PLCTrading Statement
Iomart Group PLCTrading Statement
JD Wetherspoon PLCFull Year Results
Mitie Group PLCTrading Statement
Unite Group PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
6 Sep 2022 16:55

LONDON MARKET CLOSE: Europe shakes off weak New York open

(Alliance News) - Markets in Europe overcame a lethargic morning for returning New York equities on Tuesday, with the mood in London supported by hopes of a package by the new UK prime minister to keep a lid on rampant energy bills.

Read more
1 Sep 2022 07:00

Last orders: UK pubs brace for mass closures as energy costs soar

LONDON, Sept 1 (Reuters) - Like thousands of pubs across Britain, the Red Lion and Sun fears financial ruin this winter as its energy costs surge, just as business was starting to recover from the fallow years of the COVID-19 pandemic.

Read more
30 Aug 2022 17:04

LONDON MARKET CLOSE: Stocks move into reverse as pessimism takes over

(Alliance News) - Stocks in London returned from the long weekend on Tuesday to close in the red despite spending most of the session in the green, as investors wiped out the morning's gains following selling pressure in the US.

Read more
15 Aug 2022 08:57

IN BRIEF: Digital 9 eyes FTSE index inclusion with premium listing

Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Seeking approval from the UK Financial Conduct Authority for admission of its shares to a premium London listing, which would make it eligible for FTSE index inclusion. It says: "As the company grows, the board believes that DGI9 will benefit over time from the migration with an increase of its profile as an investment company, diversification of the company's share register with access to blue chip UK and international investors as well as from potential FTSE index inclusion."

Read more
28 Jul 2022 11:52

Berenberg slashes target price on JD Wetherspoon

(Sharecast News) - Analysts at Berenberg slashed their target price on pub chain JD Wetherspoon from 1,050.0p to 580.0p on Thursday, stating it was now "hard to predict management decisions".

Read more
28 Jul 2022 09:59

LONDON BROKER RATINGS: Bernstein ups Reckitt; Mitchells & Butlers cut

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

Read more
21 Jul 2022 08:54

UK pub groups warn on cost pressures as heat wave adds to woes

July 21 (Reuters) - British pub operators Mitchells & Butlers and Fuller, Smith & Turner warned on costs on Thursday as the sector scrambles to protect margins and attract customers.

Read more
15 Jul 2022 09:49

LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

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

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.