Wetherspoons Shares Slide 'as Chairman Concentrates on Championing Brexit'

08/11/2018

I'll admit feeling a bit daft... When I first saw the headline on news stories about this, I was expecting a picture of Tim Martin and Boris Johnson hugging each other as they went down a slide in a playground!

They look like a couple of drunks who started on the beer at 11:00 a.m. and by 1:00 p.m. were incapable of drinking any more shandy. If this was on the grounds of one of Tim Martin's pubs, one would expect the staff to be diligent enough to refuse them another drink!

So, why are the shares in Wetherspoons falling? Is it because investors have realised that its owner is publicly championing politics that will ultimately harm the business? Is it concern as to whether Wetherspoons will struggle to attract staff and therefore be unable to serve strong lager with breakfasts each morning?

Whatever the cause, it would be great if Tim Martin would finally realise that the EU is not the enemy portrayed by those behind Vore Leave and Leave.EU.