MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Wetherspoon warns tiered restrictions to keep hundreds of pubs shut after lockdown ends

StockMarketWire.com

Pub chain Wetherspoon said the government's tiered system would keep about half of its pubs closed when the national lockdown ends on Dec. 2.

The company said the tiered system - in which tier three represented the most restrictive measure - set to come into effect after lockdown ends, represented yet 'another raft of regulations, which has effectively closed half our pubs.'

The company had 366 pubs which would remain closed, with 315 of these pubs in tier three in England and 51 in Northern Ireland and Scotland.

The company said its 13 pubs in England were classified as tier one. In addition, there were 51 pubs in Wales, where the regulations approximate to tier one in England.

'In reality, the government has extended a form of lockdown, by stealth, in large swathes of the country,' Tim Marin, CEO of Whethersoon said.

Story provided by StockMarketWire.com