Make your money go further for just 25p per day

Is Rishi going to keep hospitality alive?

10/07/2020 · JD Wetherspoon (JDW)  · Young & Co. (YNGA) 

AIM Food and Drink

Is Rishi going to keep hospitality alive?

Poised, confident, impressive: when speaking in Parliament this Thursday, Rishi Sunak became the Luke Skywalker of the hour for vanquishing the evil powers of lockdown (his heroism was only emphasised by the blonde Jabba the Hut slouching on the bench behind him, muttering “here, here” in a hopeless bid for a more starring role). 


Indeed, the summer economic plan has brought “A New Hope” for hospitality companies, including Investor’s Champion favourites: J D Wetherspoon plc (LON: JDW) and Young & Co (LON: YNGA).

After months of struggling with lockdown restrictions, the Chancellor is ensuring the hospitality industry “Strikes Back”, by unveiling his eat out to help out policies. This includes offering diners a 50% discount off their restaurant bill during August, as well as reducing VAT on hospitality and tourism…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on JD Wetherspoon

Coronavirus impact: 16 Oct - the perils of being non-essential

16/10/2020 · Company Insights

A highly-rated behavioural science business, has seen its revenue and share price tumble as its clients…


What does the future of academia tell us about our investments?

25/07/2020 · Company Insights

The Corona Class of 2020 had a strange finish to university. The final months of their…


More on Young & Co.

Episode 23 of the Investor’s Champion Podcast

22/06/2024 · Podcasts

In this episode of the Investors Champion podcast, institutional investors' attraction to private equity and the…


Stunning results | Careful with the share class | Horrendous results

20/06/2024 · Company Insights

News covered here includes our assessment of some stunning results from two AIM companies, both of…


More Company Insights

Bonkers Bargain: equity raise to support growth

09/10/2024 · IXICO PLC

Sign-up to our free email updates

SIGN UP