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.
Pub giant JD Wetherspoon (JDW) saw like-for-like volume sales rise by 17% on Tax Equality Day, a day when the pubco dropped its prices by 7.5% to highlight the benefit of a VAT reduction in the trade.
Pub giant JD Wetherspoon (JDW) is cutting the prices of food and drink at its 900 sites by 7.5% on Wednesday 20 September to highlight the benefit that a VAT reduction would bring to the trade.
Tim Martin, chairman of JD Wetherspoon, has written an open letter to Rob Willock, editor of the Publican’s Morning Advertiser, in response to his article last week.
Wetherspoon’s boss Tim Martin has blamed pubco rivals – and the Publican’s Morning Advertiser – for failing to campaign for tax equality with supermarkets, which he said had resulted in flat bar sales and falling margins.
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