The FT's View from the top column (see its website www.ft.com/video ) features Tim Martin, the chairman of JD Wetherspoon, the pub chain that he set up in north London 30 years ago and which now has more thatn 800 outlets. It is a great read. Good questions and good answers. For example. Q: The price of a pint at a UK pub has risen by aobut £1 in a decade, well above inflation. What's going on? A: The government perceives there is a binge drinking problem in Britain and to an extent that's right, and its approach has been to attack pubs. So it has piled on the regulations, the penalties and the tax. Local shopkeepers will recognise the sentiment. Q: to attract more customers, some pubs are opening libraries or bringing in post office services. Is that the future? A: Libraries and post offices are in the realms of fantasy: [innovation] has to be linked closely to the core business of eating and drinking. We open for breakfasts, which had been in the realms of fanta...
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