Half Year Results 

Wetherspoon scraps dividend as footfall plummets

Wetherspoon scraps dividend as footfall plummets
Bloomberg | Boris Johnson and JD Wetherspoon chairman Tim Martin during a visit to a Wetherspoons pub, as part of Johnson's Conservative Party leadership campaign tour last summer

JD Wetherspoon (JDW) will not pay a half-year dividend and has delayed most of its capital projects in a bid to conserve liquidity, after prime minister Boris Johnson’s caution over pub attendance accelerated a decline in sales. In the six weeks to 8 March, Wetherspoon's sales rose 2.9 per cent before dropping 4.5 per cent in the subsequent week, and continuing to drop since.

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