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Saturday, March 26, 2016

Staying in EU bad for small businesses, says Wetherspoon chief

Tim Martin, CEO of pub chain, says relationship with Brussels undemocratic and unproductive, as hundreds of industry leaders join pro-Brexit campaign Continued membership of the European Union would leave Britain with huge economic turmoil, akin to those affecting Greece and Spain, the chairman of JD Wetherspoon said, as he joined 249 other business leaders in openly backing Brexit. Tim Martin, who founded the pub chain in 1979, said the EU was transferring power away from its member states and handing it to unelected officials in Brussels. As a result, he pointed out, countries like Spain and Greece that are struggling to drag themselves out of an economic downturn had no power over their own budgets and interest rates. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com