The Great British Pubco Scam. Pubs are closing all over Britain yet pubs are places that most people love and think fondly of as some of the most significant, treasured, iconic parts of our culture, places to be cherished, nurtured and looked after. Yet they're closing everywhere... WHY? It doesn't make sense does it? Read on... A bit about me. And a bit about them. And some photographs...
Thursday, December 17, 2009
It is more than faintly ridiculous that all these people who have proven over a decade or more that they could not organise a pissup in a brewery when it comes to actually RUNNING a pub; as opposed to proving they can milk a substantial part of the national pub estate dry of cash and profit at the foundations; should get such massive pay outs for their performance. It's just rewarding people for short sighted, short termist, unsustainable business practices and no different from chucking money down the drain. And the notion that this move is in no way meant to criticise senior members of the board is a bit naive isn't it? It's a MASSIVE criticism of everything they've been doing to bring this company to its knees. It was, of course all very predictable if you had the fortune to be running a tied pub a decade ago.
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