Why Wetherspoons will be increasing its prices following lockdown

Why Wetherspoons will be increasing its prices following lockdown

JD Wetherspoon has announced that it will have to increase the prices of its meals due to a recent reduction in the VAT on food and non alcoholic drinks sold in pubs and restaurants getting phased out.
The pub chain criticised the Government for “Monty Python” VAT rules, which it claims will bolster supermarkets instead of the hospitality sector. Why is it increasing its prices?

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