Wetherspoon ( J.d.) Share Discussion Threads

[essentialinvestor] 20/9/2020 20:41

That’s been made abundantly clear already, schools get the highest priority.

[gozzie2] 20/9/2020 20:20

Got a feeling they will sacrifice the pubs and keep schools open and shops .Blackpools been hammered but I could have predicted that yesterday as the only place with no restrictions in Lancashire. Its not rocket science

[konradpuss] 20/9/2020 19:36

P.M.addressing the nation on Tuesday? Well that is if he can get away from his new squeeze.

Bring back May!

[gozzie2] 20/9/2020 18:16

Stock up on the toilet rolls .

[essentialinvestor] 20/9/2020 17:37

PM may be addressing the nation on Tuesday reportedly.

[gozzie2] 20/9/2020 14:05

This track and trace is a waste of time .My mates in a pub with 30 others hes not been asked for his details all shouting .This is manchester and why would they give the correct details when iff they phone you up and you break it you could get a 1000 pound fine .Certainty a lockdown coming imo .

[blueball] 20/9/2020 07:41

scammer filtured.

[gozzie2] 20/9/2020 00:17

?MenuHide the menu??NewsUK NewsPUBS CRISIS Wetherspoons boss Tim Martin warns pubs and restaurants face wipeout with up to a MILLION job lossesJon Rogers21:11, 19 Sep 2020Updated: 22:14, 19 Sep 2020Comment nowWETHERSPOONS boss Tim Martin has warned pubs and restaurants face being wiped out – with up to a million jobs on the line.The hospitality industry could be left in ruins as tighter local measures are introduced to fight the coronavirus and a second national lockdown lasting two weeks could be on the cards.Some 900,000 jobs in the hospitality industry are said to be at risk if another national lockdown is introducedCredit: PA:Press AssociationTim Martin said further restrictions would be 'devastating' for the industryCredit: PA:Press Association/PA ImagesTim Martin, the boss of JD Wetherspoon, which employs 43,000 people in its pubs and hotels, said many smaller venues had already gone to the wall after the first lockdown.He said further restrictions would be "even more devastating," The Times reports.Kate Nicholls, the chief executive of lobby group UK Hospitality, said some 900,000 workers in the industry are still on furlough and their jobs are currently at risk as Prime Minister Boris Johnson brings in restrictions in parts of the UK to battle a second wave of Covid-19.Pub chains want Chancellor Rishi Sunak to continue the furlough scheme which is due to run out at the end of October as well as slash beer duty and extend the cut in VAT.Mr Johnson is currently looking at a "circuit break" closure which would effectively mean the country goes into a national lockdown for two weeks, as the number of coronavirus cases has rocketed in recent days.The number of new cases topped 4,000 on Friday.'DEVASTATING'Sadiq Khan, London's mayor, said the extra measures in the capital looked "increasingly likely".Nick Mackenzie, chief executive of Greene King, which oversees 2,700 pubs, restaurants and hotels, said the government needed to extend the furlough scheme and provide extra support to protect jobs.He said: "The sector is fighting for survival - we are already seeing pubs in areas where there are additional restrictions are performing less well, especially those in Scotland.

[tim 3] 19/9/2020 23:48

Reading the reports tonight a curfew seems to be the more likely option rather than closing all pubs.

[gozzie2] 19/9/2020 23:00

I listen to this guy a lot i think he gives good advice for anyone interested Bestofusinvestors https://youtu.be/TmrkZUsAkAQ

[gozzie2] 19/9/2020 22:11

Yes i think he was great as well .I do lean to the left but I would have voted for him over Labour. To my mind he's very honest and trustworthy and clever .Hes wasted really.

[gozzie2] 19/9/2020 22:09

You have this now ,if you go in wetherspoons and are contacted by track and trace you must stay at home .. If someone had the virus in there you can be fined a 1000 pound for breaking quarantine . .Its an expensive pint .

[konradpuss] 19/9/2020 22:03

Shame Rory Stewart withdrew from the London Majoral election. He would have got my vote.

He is barking mad but very, very clever.

[gozzie2] 19/9/2020 21:51

I'm not a tory but I liked Rory Stewart. You threw him out lol .I'm sure he would have handled this better with his background, but these was unforseen circumstances and brexit was the only thing that mattered .

[konradpuss] 19/9/2020 21:38

Well if 'Big Boris' locks down again even for two weeks, in my humble opinion he has a full economic depression on his hands.

I guess with the press comments that he already has a new mistress on the side (Russian violinist so they say) his mind is on other things.

Bring back Mrs.May - now I never thought I would say that.

[gozzie2] 19/9/2020 21:29

I really don't see them staying open if cases increase. People say why can't I visit relatives but you can mix in the pub with no mask .Especially in winter with no outside facilities. We shall see.

[tim 3] 19/9/2020 20:51

I think stricter rules are more likely than total close down.

For the whole of last month he successfully encouraged thousands to visit pubs!

[tim 3] 19/9/2020 20:50

If he does close them again he is in a difficult position.

Either he admits he made a mistake opening them to soon or he blames the public who voted him in for not adhering to the rules.

[essentialinvestor] 19/9/2020 20:47

Tim in today's Times - industry faces crisis if fresh lockdowns are imposed forcing pubs to close.

[gozzie2] 19/9/2020 19:33

The pub across from me is shut tonight for some reason .Strange times

[gozzie2] 19/9/2020 19:27

When these pubs opened I thought the rules was table service no loud music etc. That lasted about a week but wetherspoons would have mainly been doing that .If proper measures are put in place its not particularly dangerous .It won't be any different in a few weeks after a temporary lockdown .It will just keep recurring until a vaccine .

[essentialinvestor] 19/9/2020 18:43

It's beginning to look like another round of forced closures for pubs.

Government will have to step up with additional significant support.

Would not rule out more fund raising for the sector in 2021 to navigate this
clusterf..k that is COVID.

[rescuer] 19/9/2020 18:34

thanks konradpuss, aye it was the on-line that kept things going. I knew the warehouse was at capacity, albeit at reduced staffing, but they seem to have excelled with their structures and processes, still keeping it on as a potential short tho, they moved over £1b to their longterm liabilities, increases of 30% on last year, so sitting at c£3b long term liabilities, although they did state in the results this week, that they'll not re-new one of the Notes - so therefore no coupon payments on that tranche of debt. Still beggars belief tho, Lloyds is looking like a solid buy, just tipped over 4% yield, which is not shabby in these markets, i expect the mkts to take a fall again this week, and we've also got the FTSE reshuffle, whose in / whose out.

could be a great trading week.

[blueball] 19/9/2020 16:31

tradertime scammer filtured.