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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Wetherspoon’s boss warns of pub price rises as result of Labour budget

Tim Martin at one of his pubs, the Moon under Water, Watford: he wears a pink polo shirt and stands in the bar
Tim Martin said Wetherspoon’s was ‘confident of a reasonable outcome for the year’. Photograph: Martin Godwin/The Guardian

Pubgoers should expect prices to go up as a result of Labour’s first budget in 14 years, the politically outspoken boss of Wetherspoon’s, Tim Martin, has said.

Speaking as the hospitality chain announced record quarterly sales, Martin pinned the blame for an expected increase in pubs’ costs on the chancellor, Rachel Reeves, whose economic “pedigree” he has previously praised.

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