Pub chain JD Wetherspoon has seen its sales jump ahead of pre-pandemic levels as chairman Tim Martin said he looks forward to “ferocious” inflationary pressures easing up across the pub industry.
The pub chain reported a 5% increase in sales over the six months to January 29, compared to the same period in 2019, and up 13% compared to the previous year.
The business, which has been heavily exposed to rising costs for energy, food and labour, said its pre-tax profit shrank by more than 90% to £4.6 million in the first half, from £50 million in 2019.
