Managed Groups

Price drop announced: JDW chairman Tim Martin

JDW drops prices on three alcoholic serves to 99p

By Gary Lloyd

JD Wetherspoon (JDW) will reduce prices on a trio of alcoholic drinks to 99p at 671 of its pubs but minimum unit pricing means customers to sites in Scotland and Wales will pay £1.10 on one of those lines.

Strong set-up: JD Wetherspoon chairman Tim Martin

JDW’s pub deals and history

By Gary Lloyd

From unique carpeting at each of its sites to the grandeur and historic locations of some of its pubs, managed operator JD Wetherspoon (JDW) is one of the best-known brands across the UK on-trade.

Look back: The Morning Advertiser has delved into Mitchells & Butlers through the ages

M&B's acquisition story

By Nikkie Thatcher

Pub company Mitchells & Butlers (M&B) currently has more than 1,700 sites across the restaurant and pub sector. Here, The Morning Advertiser takes a look back at how the business got to where it is today, through its merger and acquisition activity.

Tim Martin: 'One of the most surprising statistics has been the apparent low level of transmission of the virus in pubs'

Wetherspoon to put workers on its board

By Michelle Perrett

Managed pub operator Wetherspoon has revealed that it is planning to promote a number of ‘worker directors’, who are experienced pub or area managers, to board positions.

Results revealed: Mitchells & Butlers has unveiled its trading update (image: Getty/Tay Junior)

M&B reveals volatile trading

By Michelle Perrett

Mitchells & Butlers (M&B), the managed pub operator that owns brands including Harvester and Toby Carvery, has revealed that trading has been volatile since reopening on Monday 17 May.

Fair opportunity: Tim Martin is calling for tax equality

JDW to slash prices for Tax Equality Day

By Michelle Perrett

Pub operator JD Wetherspoon (JDW) is to cut the price of all food and drink in its pubs by 7.5% on Thursday, 23 September – to highlight the benefit of a permanent VAT reduction in the hospitality industry.

Food supply: 'We believe that we can resume normal deliveries of bloomer bread to our pubs next week' JDW boss Tim Martin said

JDW hit by bread shortage

By Michelle Perrett

Pub chain JD Wetherspoon (JDW) has been hit by a bread shortage, which has impacted on 13 of its breakfast menu dishes.

Sales results: Trading has been 'volatile' for the managed pub company

Mitchells & Butlers: Trading has been 'volatile'

By Michelle Perrett

Mitchells & Butlers (M&B), the operator of managed restaurants and pubs including Harvester, Toby Carvery and Nicholson's, has revealed sales have been “volatile” since full reopening on Monday 17 May.

Deal to be done: the sites being disposed of are in England and Wales (image: Getty/Sam Edwards)

JDW to sell 7 pubs

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) has appointed two agents to dispose of seven of its sites in England and Wales for an undisclosed sum.

Food cost: the increase in the rate of VAT in September will see JD Wetherspoon push its meal prices up (image: Getty/Andrew Brookes)

JDW to increase food prices by 40p per meal

By Nikkie Thatcher

Pub behemoth JD Wetherspoon will be increasing the price of its food by 40p per meal when the VAT rate increases to 12.5% later this year, it announced in a trading update.

Covid impact: 'With the support of our main stakeholders, we are now well placed to emerge in a strong competitive position and look forward to the removal of remaining trading restrictions,' M&B's Phil Urban explained

M&B suffers £200m loss as pandemic restrictions bite

By Stuart Stone

Despite takings tumbling by 79% during the six months to 10 April, the CEO of the firm behind Toby Carvery and All Bar One believes it can emerge from pandemic restrictions in a ‘strong competitive position’.

Trading update: the results covered 26 weeks to 24 January 2021 (image: Getty/ Frederica Aban)

JDW sees £46m loss in half year results

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) has reported a £46.2m loss in revenue for the 26 weeks ending 24 January 2021, in its preliminary results.

Capital raise: Mitchells & Butlers has secured gross proceeds of £350.5m from shareholders as it bids to weather to Covid-19 pandemic

M&B completes £350m fundraise

By Stuart Stone

Toby Carvery and All Bar One operator Mitchells & Butlers (M&B) has secured gross proceeds of £350.5m from shareholders as it bids to weather to Covid-19 pandemic.

Cash injection: the investment will mean the pub's footprint will increase by a quarter (image: Getty/johan10)

JDW pumps £1.8m into city site

By Nikkie Thatcher

JD Wetherspoon (JDW) is set to start developing on a Leeds pub, spending £1.8m and creating about 60 jobs in the process.

Looking ahead: JD Wetherspoon also revealed it expects pubs to remain closed until at least the end of March

378 roles made redundant at JDW

By Nikkie Thatcher

More than 300 staff have been made redundant across JD Wetherspoon (JDW)’s airport sites and head office, as the operator revealed it expects pubs to remain closed until at least the end of March.

Uncertain and challenging year: 'With our great estate, balanced portfolio of brands and proven management team, we remain optimistic that we will be able to regain the momentum previously built', M&B's Phil Urban explained

M&B posts pre-tax loss as 1,300 workers made redundant

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed a £300m swing from pre-tax profit to loss in the 52 weeks ended 26 September 2020 – a period in which it was forced to axe 1,300 staff members.

Closed venues: the sites are a mix of Mitchells & Butlers brands, The Morning Advertiser understands

M&B to close ‘a number of sites’

By Nikkie Thatcher

The operator of brands such as All Bar One, Sizzling Pubs and Toby Carvery, Mitchells & Butlers (M&B), is closing a number of leasehold sites.

How much has lockdown two cost JD Wetherspoon?

Second lockdown ‘costs JDW £14m’

By Nikkie Thatcher

JD Wetherspoon (JDW) has estimated the ‘cash burn’ of the month-long enforced closure of its pubs under national lockdown will be approximately £14m.

How much rent are pub companies charging in lockdown?

Pub companies announce lockdown rent plans

By Emily Hawkins

Pub companies including Greene King and Stonegate Pub Company have confirmed rent reductions for tenants to 10% for the second lockdown period.

Results revealed: JDW chairman Tim Martin spoke to The Morning Advertiser at the group's Hamilton Hall site in London's Liverpool Street station

JDW ‘not considering further redundancies’

By Nikkie Thatcher

JD Wetherspoon (JDW) boss Tim Martin has told The Morning Advertiser the business is currently not considering making more redundancies, but wouldn't rule out more cuts if trade continues to drop.

Critic: JDW boss Tim Martin criticises Government's approach to coronavirus

1% of JDW staff tested positive for coronavirus

By Nicholas Robinson

Just 1% of JD Wetherspoon’s 43,000 employees have tested positive for coronavirus since pubs reopened, boss Tim Martin said in the company’s delayed financial results today.

Job losses: M&B is the latest pub group to reveal it is consulting on redundancies

M&B announces redundancy consultation

By Nikkie Thatcher

Mitchells & Butlers (M&B), the pub company behind brands including Sizzling Pubs, Toby Carvery, All Bar One and Nicholson’s, has opened redundancy consultations for staff.

New normal: 'I am particularly impressed by the way in which our teams have made this possible by responding to the challenge of our new operating environment with energy and enthusiasm,' M&B's Phil Urban said

M&B sales slip 6.4% post-EOTHO

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed its like-for-like sales for the first three weeks of September are down versus its Eat Out to Help Out boosted August numbers.

Job loss: up to 450 roles in JDW's airport sites could be at risk

400 possible redundancies at JDW airport pubs

By Nikkie Thatcher

Pub staff at JD Wetherspoon (JDW)'s airport sites have been told a possible 400 to 450 roles are at risk of redundancy due to a drop in passenger numbers, it has announced.

New openings: both sites will see a combined investment of £6.6m

JDW to pump £6.6m into two new sites

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) is set to begin development work on two new pubs in the next three weeks, costing £6.6m.

Transaction data: 'JDW sales were 22.5% below the equivalent Saturday last year. It is clearly not the case pubs are ‘dangerous places to be’,' the pub group boss Tim Martin said

JDW sales slump on Saturday before ‘rule of six’ enforced

By Nikkie Thatcher

JD Wetherspoon (JDW) saw year-on-year sales drop by more than a fifth (22.5%) on Saturday 12 September amid national reports of pubs and bars being flooded with customers ahead of the Government’s ‘rule of six’ coming into force today (Monday 14 September).

Technology available: customers can scan in upon entry at JD Wetherspoon pubs

JDW sees 5.7m track and trace check ins

By Nikkie Thatcher

Pub behemoth JD Wetherspoon (JDW) has received 5,742,125 check ins of track and trace across its UK and Republic of Ireland estate in one month.

Coronavirus crisis: JD Wetherspoon said it expects an annual loss for the year ending 26 July

JD Wetherspoon pushed to annual loss

By Emily Hawkins

Pub behemoth JD Wetherspoon (JDW) has warned it will report an annual loss amid the coronavirus pandemic and its food sales will be subdued after the Government’s discount meal scheme ends.

Reinventing the wheel: JD Wetherspoon has invested millions into the new pub, which honours a local bus manufacturer

JDW pumps £2.6m into new site

By Nikkie Thatcher

Pub behemoth JD Wetherspoon (JDW) is set to open a new site in Leeds this week (Tuesday 21 July) after spending £2.6m developing the venue.

Tax equality: JDW boss Tim Martin said the VAT reduction announced by the Government as a

JDW U-turns on price rise

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) has announced it will be reducing food and drink prices across its pub estate a week after it revealed that they were set to increase.

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