Whitbread, Punch Taverns and JD Wetherspoon are mentioned in a Financial Times story on how poor consumer spending might impact corporate profit once the general election is over. The article says that Whitbread included lower membership at its David Lloyd Leisure health clubs and lower spending on pub food as evidence of a "less confident consumer". JD Wetherspoon said underlying sales were down 2% in its third quarter but Punch Taverns said there were few signs of penny-pinching in its country pubs. It also distanced itself from the more cut-throat high street where its competitors operate. The Financial Times says pub firms that use discounts to promote sales are also exposed to competition from supermarkets that encourage people to drink at home. Financial Times (Money & Business) 30/04/05 page 3