‘Spoons is deliberate outlier in their industry, though. Thin margins on big turnover, backed by strong brand loyalty and economies of scale. It’s much more like the supermarket model, than the pub m… (View Post)

Take the CEOs total remuneration today. Fine him 100% of any increase above that for the rest of his tenure. Be nice and give him RPI. So any of the usual “125% merited pay rise” stuff is lost to the… (View Post)

The average person is consistently bad at the scale of structure in our society. So they mostly believe that “billions in profit” means the supermarkets own the whole contents of Grimgots Bank. Watch… (View Post)

Interesting to see the enthusiasm with which this is being done. “Full steam ahead”. Surely recategorising toilets needs a £100m bat tunnel for process? Or is that only for infrastructure? (View Post)

The £5m is pining for the fjords. (View Post)