1. J D Wetherspoon owns and operates pubs throughout the UK and Ireland. 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. 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.
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As the famous investor Ray Dalio has said, truth is the essential foundation for good outcomes . Yet the government has relied on information that has often turned out to be untrue.
For example, Imperial College research in March, which precipitated a lockdown in over 100 countries, including the first major pub closure in history in the UK, was deeply flawed.
Indeed, lockdowns, the core of the UK s current strategy, have been shown by many studies to be ineffective, and often counterproductive. Examples can be found in appendix 1.
David Nabarro, of the World Health Organisation, has recently emphasised their destructive effects, especially for the least well-off.
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