Wetherspoons reveals sales rise but sells off more pubs

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Wetherspoons reveals sales rise but sells off more pubs
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Tim Martin, chairman of the pub firm, said its total sales are at ‘record levels’ despite having fewer venues than it did a year ago.

Pub firm JD Wetherspoon has revealed another improvement in sales in recent weeks as it continued to sell off sites.

Founder and chairman of JD Wetherspoon, Sir Tim Martin, said sales were at record levels It added that a further 10 trading pubs are either on the market or under offer. At its peak, the pub firm had around 950 venues in 2015. Earlier this year, the company said it still hoped to meet long-term ambitions of growing to 1,000 venues despite shrinking the size of its estate.

In the update, Sir Tim also renewed his calls for the Government to equalise the tax paid on drinks between his pubs and supermarkets.

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