Wetherspoons profits plunge £23m as Sir Tim Martin blames Labour tax rises
AI Summary- JD Wetherspoon reported lower annual pre-tax profits despite stronger sales.
- Profits fell from £81.4m to £58.6m, while sales rose 5.2% to £2.24bn.
- Wetherspoon plans about 15 managed and 15 to 20 franchised openings this financial year.