Wetherspoon’s boss warns of pub price rises as result of Labour budget

Tim Martin blamed increases to the minimum wage and employers’ national insurance contributions

Pubgoers should expect prices to go up as a result of Labour’s first budget in 14 years, the politically outspoken boss of Wetherspoon’s, Tim Martin, has said.

Speaking as the hospitality chain announced record quarterly sales, Martin pinned the blame for an expected increase in pubs’ costs on the chancellor, Rachel Reeves, whose economic “pedigree” he has previously praised.