Published On: Sat, Sep 7th, 2019

Wetherspoons boss rubbishes ‘amateur’ Sky News host over Brexit – ‘prices will go DOWN’ | UK | News

The Wetherspoon founder first appeared annoyed during his interview with the Sky News host when Ms Washington referred to his business decision as an “advertising campaign”. Mr Martin announced on Friday that the price of a pint of beer in his pubs will be cut by an average of 20p in an attempt to show consumers the benefits of . He told the Sky News host: “To call it an advertising campaign when there is a very important economic issue in which most of the media, including yourself just now, have implied that prices would go up, is pejorative.

“And I’m not going to say what 20p a pint is going to cost us.

“Overall we do okay.”

Adamant to find out how much the bullish decision will cost his company, the Sky News host insisted: “But it is going to have a cost and you are effectively making a political point.

“And as a plc, I’m wondering, have you had approval from your board, from your shareholders to be taking this cost hit to make this political point?”

READ MORE: Brexit latest: Wetherspoon boss’s defiant £39bn message to EU

At this point, the prominent Brexiteer lost it and accused the news presenter of making “amateur” economic observations. 

He blasted: “That’s a very amateur economics point. We are investing money, if you like, in trying to illustrate the fact – contrary to most of the views which are perpetrated in the media – that prices in the shops will go down if the UK eliminates tariffs upon leaving the protectionist customs union.”

Mr Martin has announced beer prices will be slashed to show how leaving the customs union can reduce costs.

The staunch Brexiteer said leaving the customs union on October 31 would allow the Government to end “protectionist tariffs”, which he maintained would reduce prices in pubs and supermarkets.

From today, one of Wetherspoons best-sold drinks, a pint of Ruddles, will be sold for as cheaply as £1.39 a pint.

In his announcement, Tim Martin said: “At the current time customers and businesses pay tariffs on thousands of products which are imported from outside the EU.

“These tariffs are collected by the UK Government and sent to Brussels.

“Provided we leave the customs union on October 31, the Government can end these protectionist tariffs, which will reduce prices in supermarkets and pubs.

“In order to illustrate this point, Wetherspoon has decided to reduce the price of Ruddles bitter, brewed by Greene King.

“A lot of politicians have misled the public by suggesting leaving the customs union would be a ‘cliff-edge’ or ‘disaster’.

“This is the reverse of the truth. Ending tariffs will reduce prices.”

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