The disastrous project to leave the EU has clearly caused the head of the JD Wetherspoon chain to have a full frontal lobotomy.
How else can you explain his bizarre rant on a subject that you would think is unrelated to his pet cause, namely the latest financial results of this business.
https://www.independent.co.uk/news/business/news/wetherspoons-profit-brexit-no-deal-tim-martin-theresa-may-a8824466.html?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0k-PM1VMo9oySxIg5q6E9mIJg1K23O0TbTMiVEhRQOQLTn5jEqM-_pd-k#Echobox=1552658176
The boss of the JD Wetherspoon pub chain has used a half-year earnings report to attack the anti-Brexit “establishment” after company profits plummeted 19 per cent.
Tim Martin said the chain, which operates more than 900 pubs, has seen pre-tax profits drop to £50.3m in the six months to January.
Although revenue increased 7.1 per cent to £889.6m, it was not enough to offset a sharp rise in labour costs following a pay rise for staff in November. Higher utility bills and maintenance costs also contributed to the fall in profits.
Mr Martin, an outspoken Brexiteer, called for MPs to reject Theresa May’s deal and refuse any option to remain in the EU as he addressed the chain’s profits in the half-year earnings report. “The result has been a barrage of negative economic forecasts from those quarters, predicting that the UK will go to hell in a handcart without a ‘deal’ with the EU — which will effectively tie the country into EU membership and taxation, yet without representation,” he said.
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