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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

JD Wetherspoon to sell 39 more pubs as costs rise ‘substantially higher’

A Wetherspoon's logo is seen at a pub in central London
The group says it is facing higher costs especially for repairs to its pubs, paying staff and food. Photograph: Hannah McKay/Reuters

The pub chain JD Wetherspoon is planning to sell a further 39 pubs after getting rid of five sites over the past three months amid a slow recovery in trading since the pandemic shut down hospitality.

The group said it was facing “substantially higher” costs, especially for repairs to its pubs, paying staff and food. It also said it would pay an extra £10m in interest over the next year as a result of higher rates.

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