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...
Friday, September 02, 2011
Yes - as we all know in this trade, being food led IS the future - everything's rosy when you're food led - all the capital investment, extra work, doubled wages costs, training, planning, consumables, increased wet and dry storage space and equipment, waste handling, doubling energy consumption, increased marketing costs - these all add up to a hunky dory straight to the bottom line improvement in profit for all and every publican in the land. Many of whom will of course have funded all this through an in partnership investment plan with their pubco partners, who've been encouraging them to diversify ever since beer sales began to plummet - so they can charge more rent in a declining market.
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