Wetherspoon (JD) PLC Statement re Press Statement (3924O)
07 Octubre 2021 - 6:57AM
UK Regulatory
TIDMJDW
RNS Number : 3924O
Wetherspoon (JD) PLC
07 October 2021
7 October 2021
J D WETHERSPOON PLC
NEWS RELEASE - C ORRECTION
An article by Beth Timmins on the BBC Business website (6
October 2021) gave a highly misleading impression of the so-called
'Gender Pay Gap Report' at Wetherspoon.
The headline said that the "pay gap between men and women fails
to improve". The article then said that "some [companies] with the
biggest increase in the pay gap towards men... include J D
Wetherspoon".
The BBC arrived at this conclusion by reporting on the 52 head
office staff who weren't furloughed during the pandemic and
ignoring the rest of the 42,768 staff who were on furlough.
In fact, the same calculations were made based on the 42,820
employees who, before the Covid lockdown on 20 March 2020, were
working in the company's UK pubs, hotels and the head office. The
average pay gap, taking account of all employees, was -0.45%,
meaning, on average, women earned more than men at Wetherspoon.
This was included in Wetherspoon's Gender Pay Gap Report issued on
10 June 2021 ( Wetherspoon Gender Pay Gap Report 10 June 2021
).
In the latter part of the article, the BBC referred to the
correct position, but many people would have concluded from the
headline, and the earlier paragraphs, that Wetherspoon had
performed badly.
Wetherspoon Chairman, Tim Martin, said:
"This is an example of highly misleading journalism, which the
BBC should not condone. For reasons best known to itself, the BBC
has created an article which gives, overall, a negative impression
of J D Wetherspoon, which is completely at odds with reality. It is
no defence for the BBC to say that the correct information could
have been discerned by a reader of the entire article. The way the
facts were presented was designed to fool the public."
ENDS
Enquiries:
John Hutson Chief Executive Officer 01923 477777
Ben Whitley Finance Director 01923 477777
Eddie Gershon Company spokesman 07956 392234
Please email any questions to
investorqueries@jdwetherspoon.co.uk
Notes to editors
1. J D Wetherspoon owns and operates pubs throughout the UK. The
company aims to provide customers with good-quality food and drink,
served by well-trained and friendly staff, at reasonable prices.
The pubs are individually designed, and the company aims to
maintain them in excellent condition.
2. Visit our website: www.jdwetherspoon.com
3. This announcement has been prepared solely to provide
additional information to the shareholders of J D Wetherspoon, to
meet the requirements of the FCA's Disclosure and Transparency
Rules. It should not be relied on by any other party, for any other
purposes. Forward-looking statements have been made by the
directors in good faith, using information available up until the
date on which they approved this statement. Forward-looking
statements should be regarded with caution, because of the inherent
uncertainties in economic trends and business risks.
4. The current financial year comprises 53 trading weeks to 31 July 2022.
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END
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October 07, 2021 07:57 ET (11:57 GMT)
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