Coronavirus: Tim Martin attacks ‘confusion’ over rules as Wetherspoon posts £ 105m pre-tax loss



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The head of the pub chain said that he thought the UK should adopt the Swedish model for pandemics to allow its pubs to reopen properly.

Martin revealed that Wetherspoon’s sales fell from £ 1.82 billion to £ 1.26 billion in the year to July 26, while the chain reported a pre-tax loss of £ 105.4 million.

Its president criticized the Covid-19 rule change on Friday, the same day the company’s delayed results were released.

“Under emergency powers, the government is making a lot of changes,” Martin told the BBC. Today program, “that we believe in the industry are arbitrary, they do not work, like the curfew, and that makes life almost impossible.”

The Wetherspoon boss also claimed there was “massive confusion” in the UK over regulations, and said he supported the Swedish model, which has chosen to keep large sections of society open while promoting social distancing, where Martin stated that “everyone knows what they want.” I have to do “.

Citing 1989 corporate scion Warren Buffett, Martin said governments around the world have based their lockdown decisions on “deeply flawed analysis” and attacked politicians and the media who reported that the company was considering withholding wages. at the beginning of the blockade, a decision that was ultimately not made.

He added that comparable sales in the 11 weeks since July 26 have been 15% lower than last year, with strong sales in the first weeks, followed by a marked slowdown since the introduction of a curfew and other restrictions. . .

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