Tim Martin used a half-year earnings report to attack Remainers and called for MPs to reject Theresa May’s deal and refuse any option to remain in the EU.
The boss of Wetherspoons has attacked the anti-Brexit ‘establishment’ following a fall of 19% in company profits.
Despite a 7.1% increase in revenue to £889.6m, it was not enough to offset a sharp rise in labour costs after a pay increase for staff in November.The fall in profits also occurred after higher utility bills and maintenance costs. ‘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.
‘This may well have significant adverse economic consequences, as the country turns in on itself to endure months, or years, of stifling constitutional argument,’ he said.
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