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Luke Stedman

πŸ‘€ Speaker
222 total appearances
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Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

Well, for us, I think it's up about 20% year on year, which is pretty good for the pub industry.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

I think a lot of publicans around the country, if they were up kind of that much, they'd say, well, happy days.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

But unfortunately, a lot of the bigger pubs are getting bigger.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

A lot of the smaller pubs are kind of being phased out around the country for one reason or another.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

A lot of that is due to the support that they're getting or the lack of.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

But the pub culture is very important in Ireland.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

So as much as big pubs getting bigger is great for us, we kind of still want to see that culture developing across the board in the country.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

Yeah, there will be.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

I think something like 2,000 pubs have disappeared since 2005, which is far too many.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

It's small, family-owned pubs.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

People who grew up in pubs are now just having to leave the industry.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

I mean, it's very tough.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

In the city centre, we're doing okay.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

We're doing great.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

We're destination pubs.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

People come in, they get their drink, but...

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

Smaller pubs in the countryside really are struggling and they're closing down.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

Well, food and music kind of adds an additional cost, of course.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

We have a very simple product.

Inside Business with Ciaran Hancock
Will a Middle East peace deal make any difference to inflation?

It's tried, it's tested.