Bulletin
Investor Alert

Market Pulse Archives

Oct. 27, 2021, 10:41 a.m. EDT

U.K. pub chains climb after Sunak announces cuts in beer and sparkling wine taxes

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    J.D. Wetherspoon PLC (JDW)
  • X
    Mitchells & Butlers PLC (MAB)
  • X
    Marston's PLC (MARS)

or Cancel Already have a watchlist? Log In

By Steve Goldstein

U.K. pub operators advanced on Wednesday as Chancellor Rishi Sunak announced an overhaul of alcohol taxation that will cut the levies on rose, sparkling wine, beer and cider. J.D. Wetherspoon /zigman2/quotes/209658419/delayed UK:JDW +0.17% climbed 5%, and Mitchells & Butler /zigman2/quotes/209008939/delayed UK:MAB +0.77% and Marston's /zigman2/quotes/203821737/delayed UK:MARS +0.95% also gained ground.

/zigman2/quotes/209658419/delayed
UK : U.K.: London
463.00 p
+0.80 +0.17%
Volume: 180,163
Nov. 25, 2022 4:35p
P/E Ratio
30.48
Dividend Yield
0.00%
Market Cap
£587.59 million
Rev. per Employee
£41,315
loading...
/zigman2/quotes/209008939/delayed
UK : U.K.: London
144.00 p
+1.10 +0.77%
Volume: 163,658
Nov. 25, 2022 4:35p
P/E Ratio
5.87
Dividend Yield
N/A
Market Cap
£856.39 million
Rev. per Employee
£46,247
loading...
/zigman2/quotes/203821737/delayed
UK : U.K.: London
40.22 p
+0.38 +0.95%
Volume: 950,302
Nov. 25, 2022 4:35p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£252.21 million
Rev. per Employee
£57,860
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.