Wednesday, 11 July 2012

Latest Financial Results...

Financial performance doesn't just depend on sales. Wetherspoons, which announces it's financial position this week grapples with  a huge tax increase of 50 million pounds.

If you are looking at a PEST analysis of a company this might count as a political factor.

Wetherspoons recently attacked cost pressures from government legislation , including increases in excise duty, business rates and carbon tax.

Their total tax bill in the current financial year will be around 500 million.

(Daily Express, Monday July 9th, p.47)

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