Wetherspoons warns of pint price rise as budget adds 60m in costs
Briefly

Sir Tim Martin stated, "We're facing unprecedented pressure from rising operational costs due to new tax measures, which may lead to increased pint prices across the board."
Martin elaborated, "Although we've seen a rise in sales recently, the new National Insurance and living wage hikes make it incredibly difficult to maintain current pricing without adjustments."
UKHospitality estimates that changes to National Insurance could add an additional £1 billion to the sector's tax bills, dramatically impacting the sustainability of many pubs and restaurants."
Tim Dewey remarked, "The slight cut in duty for draught drinks is almost meaningless when faced with escalating operational costs from recent fiscal policies."
Read at Business Matters
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