How Wetherspoons Started: A £40k Loan to a £2bn Empire | Tim Martin

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How Wetherspoons Started: A £40k Loan to a £2bn Empire | Tim Martin

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Why does a pint cost £6 in a pub and £1.50 in a supermarket? Wetherspoon founder Sir Tim Martin breaks down the tax and wage maths behind Britain's pub closures, and warns pubs will "shut down en masse" unless it changes. He also tells Lord Mark Price how he built JD Wetherspoon from one Muswell Hill pub in 1979.In this episode of The Happy WorkLife Podcast:✅ Why a 10% minimum wage rise adds about 15p to a pub pint, but 1–2p in a supermarket✅ Business rates: around 25p a pint in a pub vs 1.5p in Tesco✅ How Wetherspoon really got its name (a teacher and The Dukes of Hazzard)✅ The "crazy" nine-year chairman rule pushing companies to America✅ If he started again, he'd go into techVisit WorkL to:📋 Take the FREE Happy at Work Test: https://app.workl.com/happiness-surve...Chapters:00:00🤗 Discover the World's Happiest Workplaces: https://workl.com/happiest-workplaces...🔎 Join a professional community: https://app.workl.com/global-hub/comm...🟢 Get career support from experts: https://workl.com/global-hub/?utm_sou...#Wetherspoons #TimMartin #Entrepreneur #UKPubs #BusinessPodcast #Business #BusinessGrowth#Entrepreneurship #BusinessTips #News #UKNews #WorldNews #Politics #Documentary

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