JD Wetherspoon has warned that “ferocious” inflation has hit its business, as the pub chain posted a small profit but sales continued to lag pre-pandemic levels.
Like-for-like sales at the pub group were down 0.6 per cent in the 26 weeks to the end of January this year, compared with the same period ending in January 2020, the company said on Friday. Wetherspoons generated £916mn in half-year sales.
The pub chain edged back into…