Wetherspoon blames Labour tax hikes for high street decline as profit falls 25%

Wetherspoon reported a 5% revenue rise to £2.2bn but pre-tax profit fell by a quarter, with the company attributing the decline to government tax increases causing 'high street dereliction'. The criticism targets Labour's fiscal policy, though the profit drop also reflects broader cost pressures. This is a political attack by a major UK employer, signaling potential business-government tension ahead of elections.