Quote:
Originally Posted by RichardCoulter
Exactly. It's similar to how pub chains say they have to increase prices because their supplier has increased prices to them
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...bur the same company owns the beer supply company and the pub chain.[COLOR="Silver"]
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That's not really true:
1. Most pub companies are no longer owned by brewers. The largest pub companies - Stonegate, Mitchells & Butlers and Wetherspoons are all independent. Only Greene King owns a sizeable estate still and most are operated as stand-alone businesses by landlords. Fullers, Whitbread, Young's and Marston's divested their eponymous breweries.
2. Even Greene King beer purchases account for just some of its pubs' costs. They have to pay for staff, business rates, energy, Sky TV, food, other drinks, maintenance etc.
---------- Post added at 10:52 ---------- Previous post was at 10:49 ----------
Quote:
Originally Posted by Hugh
He previously said that the Parent Corporation (Shell) couldn’t subsidise the subsidiary company (Shell Energy) - I posted some information showing that this in fact was happening, and he pivoted to say it showed that the Energy Suppliers weren’t making a profit, which wasn’t the original point…
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Agreed. It's annoying when people do that.