Overview

• Wetherspoon's like-for-like sales increased by 5.8% in the last 10 weeks and 7.7% year-to-date.
• The company has opened two new pubs but closed or sold 26 venues, with 10 more on the market.
• Chairman Tim Martin praised Chancellor Rachel Reeves’ economic background and called for tax equality between pubs and supermarkets.
• The pub chain aims to reduce its debt, which is expected to be around £670 million by the end of the financial year.
• Wetherspoon plans new openings in London and Buckinghamshire despite its smaller overall estate.