Dossier
UK hospitality industry
Coverage of UK hospitality industry in the Nexus archive.
- JD Wetherspoon issues third profit warning this year as costs climb
JD Wetherspoon issues its third profit warning this year due to rising costs, including higher energy, food, labour and tax bills, which may cause the pub chain to miss profit expectations. The company's chair, Tim Martin, reported substantial increases in costs. This is a sign that the UK hospitality industry is struggling under pressure.