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[johnwise] 06/9/2019 22:41

Wetherspoons boss rubbishes ‘amateur’ Sky News host over Brexit - ‘prices will go DOWN’

[florenceorbis] 06/9/2019 08:55

mirror


Wetherspoons cuts price of pint of beer by average of 20p from today

Britain's best known pub chain has announced plans to cut costs in a bid to prove how leaving the EU will benefit consumers

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ByEmma MunbodhDeputy Money Editor

08:06, 6 SEP 2019Updated08:37, 6 SEP 2019

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Wetherspoons Pub
The Brexit-backing pub chain will slash costs from Friday (Image: Western Mail)
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The price of a pint of beer in Wetherspoon pubs is being cut by an average of 20p from Friday, the company has announced.

The firm - which is an ardent supporter of Brexit - says it is an example of how leaving the Customs Union can reduce costs.

The chain's chairman, Tim Martin, said leaving the customs union on October 31 would allow the Government to end "protectionist tariffs", which he maintained would reduce prices in pubs and supermarkets.

From Friday, more than 600 Wetherspoon pubs will sell a pint of Ruddles for £1.69 - which the company says is one of its best-sold drinks.

A further 160 branches will sell the drink for £1.59 or less, while 36 will sell it for £1.39.

Where it isn't available, Greene King IPA or Caledonian Deuchars will be included at the reduced price.
(Image: Julian Hamilton/Daily Mirror)
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It is the latest Brexit-related move by Wetherspoon, which has shown its commitment to leaving the EU by selling more English and Australian wines over European brands.

Tim Martin said: "At the current time customers and businesses pay tariffs on thousands of products which are imported from outside the EU.

"These tariffs are collected by the UK Government and sent to Brussels. Provided we leave the customs union on October 31, the Government can end these protectionist tariffs, which will reduce prices in supermarkets and pubs.

"In order to illustrate this point, Wetherspoon has decided to reduce the price of Ruddles bitter, brewed by Greene King.

"A lot of politicians have misled the public by suggesting leaving the customs union would be a 'cliff edge' or 'disaster'.

"This is the reverse of the truth. Ending tariffs will reduce prices."
Man drinking
The pub has been calling time on European drinks for more than a year over its owner's hard-line stance on leaving the EU (Image: Getty)
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Wetherspoon to axe 16 UK pubs and Lloyds bars - check if your local is affected



Wetherspoon founder Tim Martin, has axed more than 16 branches in the past year on his mission to reform the brand.

The cull, which included two Lloyds No. 1 bars, saw branches major city centres put up for sale in the hope of finding a buyer.

The company reported pre-tax profits of £50.3million for the six months to January 27 in its latest trading results, which it blamed on an increase in staff wages.

Martin has been sticking to a promise to sell more UK and non-EU brands as Britain prepares to break away - these are all of the drinks that have been axed so far.

Green King, which produces Ruddles, today said like-for-like sales fell 1.8% in the first 18 weeks of 2019, reflecting "the tough comparatives of last year’s successful World Cup and good weather".

[johnwise] 06/9/2019 08:50

The price of a pint of beer in Wetherspoon pubs is being cut by an average of 20p, with the company calling it an example of how leaving the customs union with the EU can reduce prices.

More than 600 Wetherspoon pubs will sell a pint of Ruddles for £1.69 from Friday, with a further 160 offering a pint for £1.59 or less.

Around 36 pubs will sell a pint for £1.39.

[luderitz] 06/9/2019 07:49

Interesting? why who was on please?

[2trying] 05/9/2019 20:52

Question Time returns to BBC1 tonight - very interesting panel !!

[johnwise] 05/9/2019 16:47

Nigel Farage Tells BBC News Boris Johnson Can Repeal Brexit Delay Bill After General Election

Video

[the grumpy old men] 01/9/2019 10:35

BarryTheFish
31 Aug '19 - 16:56 - 2819 of 2820
0 0 0
Sell now or regret later.
sarkasm
1 Sep '19 - 08:46 - 2820 of 2820
0 1 0


Aparently alittle resistence at 1582p and i guess if not btoken then its likely that it might fall towards its 1462p support

how quickly, that is the question

CHEERS


next important date

september/13/2019 FY 2019 Earnings Release





BARRY YOU MIGHT WELL BE RIGHT

SINCE 2016 IT BEEN ON A BREXIT HIGH


BY THE END OF THIS YEAR IT MIGHT BE ON A BREXIT LOW AS IT WILL BE NO LONGER TENDY TO GO TO SPOONERS TO BE WITH THE LOCAL BREXIT CLAN

[sarkasm] 01/9/2019 08:46

Aparently alittle resistence at 1582p and i guess if not btoken then its likely that it might fall towards its 1462p support

how quickly, that is the question

CHEERS


next important date

september/13/2019 FY 2019 Earnings Release

[barrythefish] 31/8/2019 16:56

Sell now or regret later.

[johnwise] 31/8/2019 16:53

No deal Brexit BOOST: Wetherspoon boss predicts boom for British beer brewers

BRITISH beer brewers will become the toast of the country as consumers flock to homegrown products after Brexit, according to JD Wetherspoon boss Tim Martin.

The Brexiteer businessman told Express.co.uk that he expects patriotic Britons to opt for domestic beers in a show of support after the country leaves the European Union. He has predicted that consumers will seek out more British products and urged businesses to take advantage of a celebration of all things homegrown. Mr Martin said his pub chain, which boasts 879 establishments across Britain, will continue to show support for homegrown brewers and wine producers

[johnwise] 20/8/2019 08:38

"The group has consistently said it has plans to continue growing in Ireland".

Wetherspoon’s general manager for Ireland, Alistair Broome said: "We have enjoyed great success with our existing pubs in the Republic of Ireland and look forward to opening in Galway."

[typo56] 20/8/2019 08:10

Greene King is also a brewer

[togglebrush] 19/8/2019 16:51

Bid for Greene King is at a pretty fancy price … from Far East Property Co.

[typo56] 19/8/2019 16:48

A trading short in the making?

I like JDW. I like their beer prices. I like their cheap breakfasts. Tim Martin is fun - a bit eccentric but shrewd.

But I'm not convinced by this GNK read across this afternoon. Worth a 8% rise with a p/e of 20 and pedestrian growth?

Perhaps go a bit higher at first tomorrow on morning press. Then what?

[andyadvfn1] 19/8/2019 16:02

Assume rise after greene king take over news

[ignoble] 18/8/2019 08:06

Or....
Stop the supermarkets selling booze at give away prices.

[the grumpy old men] 18/8/2019 07:46

Pub bosses, led by Marston’s and Greene King, plead for Brexit cut to beer duty
Sabah Meddings

August 18 2019, 12:01am, The Sunday Times

Food and drink
Brexit

The Long Live the Local campaign is calling for taxes to be slashed
The Long Live the Local campaign is calling for taxes to be slashed
CHRIS RATCLIFFE

Britain’s pub companies are calling for a “Brexit dividend” cut to beer duty ahead of an autumn budget.

Marston’s and Greene King have thrown their weight behind the Long Live the Local campaign, which is calling for taxes to be slashed.

The government charges 54.2p per pint and plans to increase it again this year in line with RPI inflation.

Ralph Findlay, chief executive of Marston’s, said the sector was being “hammered̶1;. “The real contribution of pubs can be overlooked,” he said.

Nick Mackenzie of Greene King said beer duty was “one of the main reasons” pubs were closing. “A cut would show real support and provide a much-needed boost for the sector,” he said.

[adrian j boris] 18/8/2019 07:25

The Sunday Times: Britain’s pub companies are calling for a “Brexit dividend” cut to beer duty ahead of an autumn budget.

[johnwise] 14/8/2019 17:15

I've never had a bad meal in a Wetherspoons, you know what you're getting, very good value for money, whether it be breakfast, lunch or dinner, steak, chips & a pint of beer for about £10 & no washing up.Not seen an empty Weatherspoons at anytime after noon.

[ignoble] 13/8/2019 21:13

I would let Customer Service know
Sort of thing they would like to be made aware of, imho

Think a comment is certainly justified

[tim 3] 13/8/2019 20:48

In the Barrel Vault brand new spoons opens up into st Pancras.Nearly every table taken but bar virtually clear as nearly everyone ordering food is using the app.Food was excellent and cheap for London although much more expensive than my local spoons, a good example of them pricing for the market.Highly recommended.

[2trying] 13/8/2019 18:53

Advice/opinions requested please -

We were in one of the Carlisle 'spoons last Friday .

"Fish Friday" - yippee - large fish , chips , mushy peas ,
and a FREE drink .

Wrong .

The (perfectly pleasant) girl told me they only had small fish left .
O.K. Not the end of the world . But the small fish didn't qualify
for the free drink . Oh . Hardly my fault .

Accordingly , we both had a disappointing small fish and had to pay for our drinks .
So small fish and drinks cost more than large fish and drinks .

I did complain (politely), the girl went to see the manager - nothing he could do
(said the girl - manager didn't have the courtesy to speak to me directly) .

Bit unhappy - should I complain to Customer Services or am I being childish ?