Wetherspoons in hot water over Brexit beermats
JD Wetherspoons is facing questions over pro-Brexit spending ahead of the 2016 EU referendum.
The pub chain is being probed after spending nearly £95,000 on Brexit marketing, without seeking shareholder approval in advance.
The company printed 1.5 million 'Brexit beermats', along with posters and booklets, according to Electoral Commission data.
The beermats included the line "Vote leave - take back control", and were distributed around 900 pubs across the UK.
But now the Guardian reports that shareholders have objected to the spending under the Companies Act.
They claim that company spending on political campaigns must be approved by shareholders under the Act.
In addition, any political spending above £2,000 is meant to be declared in company annual reports, which the shareholders allege was not done.