Wetherspoons warns on profit again as costs and tax bill swell

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JD Wetherspoon has issued its second profit warning in three months as it grapples with a surge in food and energy costs and a rising business rates bill.

Tim Martin, founder and chairman of the UK’s best-known pub chain, said: “Profits for the year are likely to be below market expectations, with marginally lower sales https://www.cityam.com/wetherspoon-warns-on-profit-amid-rising-taxes/">[...]