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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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Greggs PLCTrading Statement
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Thursday 6 October 
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Friday 7 October 
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JD Wetherspoon PLCFull Year Results
Mitie Group PLCTrading Statement
Unite Group PLCTrading Statement
  
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1 Sep 2022 07:00

Last orders: UK pubs brace for mass closures as energy costs soar

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30 Aug 2022 17:04

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28 Jul 2022 11:52

Berenberg slashes target price on JD Wetherspoon

(Sharecast News) - Analysts at Berenberg slashed their target price on pub chain JD Wetherspoon from 1,050.0p to 580.0p on Thursday, stating it was now "hard to predict management decisions".

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21 Jul 2022 08:54

UK pub groups warn on cost pressures as heat wave adds to woes

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FTSE 100 falls as UK's surprise growth fails to ease recession fears

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13 Jul 2022 16:57

LONDON MARKET CLOSE: Surging US inflation heaps pressure on stocks

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(Alliance News) - European stocks stumbled into the afternoon in negative territory on Wednesday, with equities showing signs of discomfort ahead of a US inflation print later.

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13 Jul 2022 09:44

UK's Wetherspoon to slip into the red amid 'laborious' pub recovery

July 13 (Reuters) - Britain's J D Wetherspoon warned of losses this year as costs for labour, repairs and marketing eat into its bottom line, and said 'natural beer drinkers' belonging to an older population were staying away from pubs, hurting its sales.

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