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Mmastodon BusinessBusiness first seen 6 h ago, last 5 h ago, peak #2

Wetherspoon boss urges Government to avoid tax hikes as profits fall

Original: Wetherspoon's boss tells Government to 'refrain' from tax hikes as profits dip https://www.standard.co.uk/business/busin

Tim Martin, chairman of pub chain Wetherspoon, has called on the Government to refrain from raising taxes after the company reported a dip in profits. The businessman warned that further tax increases would harm the hospitality sector, which is already grappling with rising costs and fragile consumer spending.

Why now: Budget speculation has businesses lobbying against potential tax rises while profits are under pressure.

WetherspoonTim MartinUK GovernmentTreasury

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