The chain has apologised to customers after supplies of Heineken, Carling and Coors ran out in some of its pubs. Mr Martin, who was strongly in favour of the UK leaving the EU, said pumps had run dry mainly because of industrial action in recent weeks by drivers and warehouse staff acting on behalf of Heineken.
Britain is not the only country suffering from "supply chain issues" following the coronavirus pandemic, he said. Customers bought more pints of Carling and Coors when industrial action affected deliveries from Heineken, a Wetherspoons spokesman said. The remainder are set to re-open in phases, starting with its Scottish pubs on Wednesday.
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He has largely gotten away with this because Wetherspoons has grown rapidly and profitably. His opinions are undoubtedly self-serving but he has a valid point about tax inequality. He also calculates that a pub pays 20p in business rates for every pint, compared to around 2p a pint for supermarkets. The industry picks up 2. Some cynics in the City wonder if the pontificating is a distraction from the fact that pre-tax profits had peaked before the pandemic, the company has recently spent a higher proportion of sales on replacements and repairs and that future growth may be difficult.
The latter worry is not about volume — in , even though it was the largest chain in the UK, its market share was estimated at 8. This is partly his own fault. Politicians, investors and journalists often urge British business leaders to look beyond their balance sheets and consider the greater good. The firm was also recently affected by a shortage of some beer brands caused by driver shortages due to a combination of Covid and Brexit.
At the time, Mr Martin, a prominent Brexit supporter, was criticised on social media, although the firm said it was "heart-breaking to be letting any customer down" after such a difficult time for the hospitality sector. On Friday, it called on government to make a VAT cut that was introduced for pubs and restaurants during the Covid crisis permanent. It had lowered the prices of some items on its food menu and soft drinks as a result.
Julie Palmer, a partner at Begbies Traynor, said: "JD Wetherspoon finally began recovering from the turmoil the pandemic and Covid restrictions had put it through, to be greeted with a supply chain hangover and staff shortages. She pointed out that affordability had always been the brand's selling point, but that the chain might have to rethink that strategy as supply chain issues and rising costs hit.
Wetherspoons runs low on some beer brands. Pubs and restaurants counting on Christmas cheer.
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