Quote:
Originally Posted by 1andrew1
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 ----------
Agreed. It's annoying when people do that.
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It is true as, to get around the Monopolies & Mergers Commission ban on breweries alsi owning pubs, companies were created that owned the buildings. Those who rent these buildings are required to buy their stock from these companirs at inflated prices.