Wetherspoon can ‘no longer support' VAT Club Jacques Borel

08 December 2015 by
Wetherspoon can ‘no longer support' VAT Club Jacques Borel

Pub company JD Wetherspoon has pulled out of the VAT Club Jacques Borel.

Wetherspoon founder and chairman Tim Martin (pictured) said the group could "no longer support the VAT Club in its present form", but added that the company would still continue to call for a reduction in VAT on food and drink within the hospitality sector, and seek to set up a new campaign.

Martin said that the VAT Club JB had led the way and made great progress, and said he hoped the industry would appreciate the effort Borel had put into the initiative.

He said: "Jacques Borel has done an amazing job campaigning for a VAT cut over the past five years. He has led the way and has made great progress in terms of raising the profile of the case for a VAT cut and also for engaging with MPs and policy makers.

"I have decided that Wetherspoon can no longer support the VAT Club JB in its present form and believe there now needs to be an alliance of companies who believe, as I do, that a VAT cut is vital for the future of the hospitality sector. I will be working hard in the coming weeks to take this forward."


JD Wetherspoon reports record turnover and profit >>


Matthew Clark joins Jacques Borel's VAT Club >>

Jacques Borel VAT club creates lobbying letter template for operators >>

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