Business
Correction re Mail Online article of 15/08/23
Correction re Mail Online article of 15/08/23.
About this update from J D Wetherspoon Plc
[{"type":"text","content":"\n\n18 August 2023\nJ D WETHERSPOON PLC (the 'Company')\n \nCorrection regarding Mail Online article of 15th August 2023\n \nOn 4 August 2023 Wetherspoon issued a RNS statement (see appendix 1 below) correcting a number of factual errors in a Daily Mail article of 1 August. \n \nThe Daily Mail subsequently reissued the article online, taking account of the corrections.\n \nUnfortunately, a Mail Online article of 15 August 2023 also contained a number of errors.\n \nThe article of 15th August 2023 was headlined: \"Wetherspoons delivers a major blow to punters wanting a cheap bite to eat as it hikes food prices by 13% - how much has YOUR favourite meal gone up by?\"\n \nThe article went on to review the pricing of a number meals at the Company's Oxted Inn pub in Oxted, Surrey.\n \nThe review contained a number of factual mistakes.\n \nThe price of a Ham and Cheddar Cheese Panini was stated correctly as £5.53 but failed to notify readers that this price also included a free soft drink.\n \nThe price of an All Day Brunch with an alcoholic drink was stated as £11.11 when the correct price is £10.82.\n \nReference was also made to \"pint prices at the chain's airport and certain city pubs were revealed to have rocketed to an eye watering £7\".\n \nWhile one draught pint product (Leffe Blonde) has increased in price to over £7 at one pub in London (The Moon under Water, Leicester Square), no other draught product has and it is misleading and inaccurate to state that Wetherspoon \"pint prices\" are now £7.00 in city pubs.\n \nThe article also contains the following statement from Martyn James who is described as \"an independent consumer champion\":\n \n'People go to Wetherspoons because it's cheap. It remains to be seen if it will retain its customers now it's the same price as everywhere else'.\n \nThis statement is incorrect- Wetherspoon is not \"the same price as everywhere else\"\n \nWhile the Company's prices do vary from location to location, a price survey carried out by the Company's pubs into pricing at their nearest competitors in April 2023 showed that the competitors' drinks prices were, on average, 43% more expensive than Wetherspoon and competitors' food prices were, on average, 33% more expensive than Wetherspoon.\n \n&nbs...