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Chain narrows losses as trading approaches pre-pandemic levels but cost pressures growThe boss of JD Wetherspoon has warned of increased costs caused by the rising price of food and drink products and soaring energy bills, as the pub chain cut losses and said business was close to returning to pre-pandemic levels.Tim Martin, the outspoken chairman and founder, said he expected to be able to hold the increase in costs to just below the level of inflation. Continue reading...