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

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

London Stock Exchange
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Share Price: 749.00
Bid: 745.00
Ask: 748.50
Change: 21.50 (2.96%)
Spread: 3.50 (0.47%)
Open: 758.00
High: 758.00
Low: 745.00
Prev. Close: 727.50
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UPDATE 2-Great Escape? UK to return to work by July, Daily Mail says

Wed, 17th Feb 2021 07:12

* UK back to work in July

* Pubs to reopen in May and June

* Work from home for foreseeable future

* Leisure to reopen in July
(Recasts headline, adds details on data)

By Guy Faulconbridge

LONDON, Feb 17 (Reuters) - Prime Minister Boris Johnson is
considering a staged exit from COVID-19 lockdown that would see
the United Kingdom's battered economy fully returning to work in
July, the Daily Mail reported, citing government plans.

The novel coronavirus, which emerged in China in late 2019,
has killed 2.4 million people worldwide, upended normal life for
billions and tipped the United Kingdom to its worst slump in 300
years.

Johnson, who will set out the path out of lockdown on Feb.
22, said the exit plan will be cautious but irreversible. The
United Kingdom has vaccinated 15.6 million people with a first
dose so far.

The Mail said a limited escape from lockdown would begin in
April with holiday lets and larger hotels reopening, though
pubs, bars and restaurants would have to wait until May. Some
sports such as golf and tennis could resume.

Full pub reopening would begin in early June.

"Leisure businesses may not return to 'broadly normal' until
July under a roadmap out of lockdown," the Mail reported, though
it said the final decision had yet to be made by Johnson.

"Office staff are expected to be told to keep working from
home when the prime minister unveils his roadmap," the Mail
said. "The 'work from home if you can' message will continue for
the foreseeable future."

Johnson, who has cautioned people to take newspaper reports
on his plans with caution as a final decision is yet to be
taken, says he wants to see more data on how the vaccine rollout
is affecting severe illness and death.

So far, there is some data from Israel on that, but not
enough from the United Kingdom to be absolutely sure of the
impact, Chris Whitty, the government's chief medical adviser
said on Monday.

The easing of the most stringent peacetime curbs on personal
freedoms in modern English history will be accompanied by a mass
testing programme. English schools will reopen on March 8.
(Reporting by Guy Faulconbridge; Editing by Kate Holton and
Paul Sandle)

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JD Wetherspoon sees FY profits at top of market forecast

(Sharecast News) - Pub group JD Wetherspoon said on Wednesday that full-year profits were set to be towards the top of market expectations as it reported a jump in third-quarter sales, boosted by sales of traditional ales and Guinness.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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JD Wetherspoon half-year profit plummets amid higher property losses

(Alliance News) - JD Wetherspoon PLC on Friday said it expects a "reasonable outcome" for its financial year despite its interim profit halving, but reported a surge in sales.

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22 Mar 2024 07:03

Wetherspoon cheers jump in first-half profit

(Sharecast News) - Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like-for-like sales up 5.8% in the seven weeks to March 17.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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TOP NEWS: JD Wetherspoon sales rise but costs "far" above pre-pandemic

(Alliance News) - UK pub chain JD Wetherspoon PLC on Wednesday said it continued over the holiday period its "consistent but slow recovery" in sales from Covid-19 but warned that costs are "far higher" than pre-pandemic.

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