Wetherspoons profits drop 19% and its boss is blaming Remainers

Wetherspoons profits drop 19% and its boss is blaming Remainers
 

The boss of Wetherspoons has attacked the anti-Brexit ‘establishment’ following a fall of 19% in company profits.
Tim Martin, say the chain, which operates more than 900 pubs, has seen pre-tax profits drop to £50.3m in the six months to January.
Despite a 7.1% increase in revenue to £889.6m, it was not enough to offset a sharp rise in labour costs after a pay increase for staff in November.
The fall in profits also occurred after higher utility bills and maintenance costs.
Mr Martin, an outspoken Brexiteer, used a half-year earnings report to attack Remainers and called for MPs to reject... read more

 
Friday, 20:56 in Hot News, Views: 53
Source: Metro
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