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JD Wetherspoon warns of full-year losses amid ‘laborious’ recovery 

After investing heavily in labour, repairs and marketing, the group expects FY22 losses to be higher than expected at a loss of £30m

JD Wetherspoon has warned it is expecting an annual loss of £30m in its upcoming full-year results, as recovery for many businesses has been “slower and more laborious” than first anticipated.

After investing heavily in labour, repairs and marketing, the group expects FY22 losses to be higher than expected, as despite the fact sales are now roughly in line with 2019, labour costs were “far higher” over the period.

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