Pub chain Young’s expects to take an £11 million annual hit from a hike in employer taxes announced in the autumn Budget.
The biggest threat to companies in the hospitality, tourism and related sectors is the possibility of future lockdowns and restrictions, according to Tim Martin, the chairman of pub chain JD Wetherspoon.
Pub group JD Wetherspoon has posted a solid rise in sales, bucking the trend in a pub market struggling to beat last year’s World Cup summer.
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