JD Wetherspoon suffers as UK rail strikes hit pub sales

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Reuters UK

By Radhika Anilkumar (Reuters) – British pubs group JD Wetherspoon said its like-for-like sales had slipped back below pre-pandemic levels in the last 12 weeks, although it remained “cautiously optimistic” on the year. The impact of rail strikes dented sales hopes for Britain’s hospitality sector in its first Christmas season without COVID-19 restrictions in three years. “Strikes had a negative impact, although it is difficult to quantify,” Weatherspoon Chairman Tim Martin told Reuters. Wetherspoon also noted that costs were far higher than three years ago, especially labour, food, energy and …

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