Does the pub industry have a future?

The British pub industry is struggling because there are too many of them, writes Tom Bulford. Like bingo halls and bowler hats, will they also soon belong to a lost age?

The World Showcase at Disneyland's Epcot Amusement Park, where I was a fortnight ago, has permanent exhibitions of eleven countries ranging from the fairly obvious like China, Japan and the USA to less likely candidates, Morocco and Norway.

Each consists of a series of miniature buildings that represents the architecture of that country complete with some exhibitions, samples of the national cuisine and of course the inevitable souvenir shops.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.