JD Wetherspoon reopening update doesn’t cheer markets

Shares in FTSE 250 pub operator JD Wetherspoon (LON:JDW) dropped by 4.72% to 1,071.85p (as of 12:40 BST) after the company provided a trading update. The company said that it had consulted with staff to produce guidelines for when its branches in England reopen on 4th July. However, the business said that it would not be starting any new pub projects during 2020.