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Pin to quick picksWetherspoon (J.D) Share News (JDW)

Share Price Information for Wetherspoon (J.D) (JDW)

London Stock Exchange
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Share Price: 732.00
Bid: 729.50
Ask: 730.50
Change: -3.50 (-0.48%)
Spread: 1.00 (0.137%)
Open: 760.00
High: 760.00
Low: 729.50
Prev. Close: 735.50
JDW Live PriceLast checked at -

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UberEats joins Wetherspoons, McDonald's workers in low pay strike

Thu, 04th Oct 2018 10:17

(Sharecast News) - UberEats joined workers from JD Wetherspoon, Uber, Deliveroo, McDonald's and TGI Fridays who are striking on Thursday over low pay.Walkouts will be held in several cities across the country and there will be a rally in London.UberEats is requesting workers want to be paid £5 per delivery, and an extra £1 per mile for each delivery. Last month workers had their minimum pay per delivery reduced from £4.26 to £3.50.Workers at JD Wetherspoon, McDonald's and TGI Fridays want to be paid £10 an hour.Striking McDonald's worker Lauren McCourt said the industrial action could transform the sector for the better."The days of poverty pay, insecure contracts and lack of respect for workers are numbered. A living wage of £10 an hour for all ages, security of hours, and our right to a union are the basic rights we are fighting for," she said."The fact that UberEats drivers have decided to strike on the same day as us shows that low pay is an issue that affects people across the industry," said a spokesman from the Bakers, Food and Allied Workers Union (BFAWU), according to the BBC.TUC general secretary Frances O'Grady told the BBC programme that the strike was "small but growing" and added that the firms could afford to award a pay rise "and should".The strikes are being held to coincide with industrial action over pay by fast food workers in Chile, Colombia, the US, Belgium, Italy, Germany, the Philippines and Japan on Thursday.MORE PAY AND MORE JOB SECURITYLow pay is not the only thing worrying workers in the leisure sector, according to the Guardian around half of the people on zero-hours contracts want more regular work and a greater job security aside from a raise in their wages.Companies like Deliveroo or Uber allow their workers to choose the hours they want to work granting them flexibility but around 44% of the workers now request more working hours to ensure a minimum wage to live.Back in 2013, JD Wetherspoon was found to have around 80% of its staff (24,000 people) on contracts with no guarantee to work each week. The pub chain offered their workers the opportunity to move to permanent hours in 2016.In 2016 around 80,000 of the 82,000 UK workforce at McDonalds were employed on zero-hour contracts but also offered their workers the chance for a more regular job.Research from economists Nikhil Datta, Giulia Giupponi and Stephen Machin, found that almost 30% of workers had no other option but to accept working on a zero-hours contract because of a lack of job opportunities, the Guardian reported.The study also said that zero-hour contracts help the companies buffer the wage cost shock induced by the minimum wage rises which would explain the high numbers of these type of contracts in the sector.
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13 Jul 2022 08:43

TOP NEWS: JD Wetherspoon warns of wider annual loss as wage bill rises

(Alliance News) - JD Wetherspoon PLC on Wednesday cautioned that its loss for the financial year ending July 31 will be chunkier than expected, as labour costs increase.

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13 Jul 2022 07:52

JD Wetherspoon sales inch closer to pre-Covid levels

(Sharecast News) - JD Wetherspoon said in an update on Wednesday that like-for-like sales in the first 11 weeks of its fourth quarter were 0.4% below the same pre-pandemic period in 2019 - an improvement compared to the prior quarter, when sales were down 4%.

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6 Jul 2022 16:09

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4 May 2022 10:09

Wetherspoon posts lower quarterly sales due to Covid restrictions

(Alliance News) - Pub chain JD Wetherspoon PLC on Wednesday posted lower sales in the third quarter and also warned of "considerable" cost pressures facing the company.

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(Alliance News) - JD Wetherspoon on Wednesday said sales improved steadily since the ending of all Covid restrictions, but the pub chain said virus woes have been replaced by "considerable pressure on costs" as a new source of concern.

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Wetherspoons expects to break even for the year but warns over costs

(Sharecast News) - Pub chain Wetherspoons posted a dip in third-quarter sales on Wednesday as it warned over rising costs but said it expects to break even this year as sales improve slowly.

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LONDON BRIEFING: BP falls to loss on Rosneft hit but underlying surges

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