The founder and chairman of pub group JD Wetherspoon (JDW.L) criticized "a technocratic elite" for the "frustrating" Brexit as his company announced rising sales but a profit decline.

Tim Martin used his company's preliminary results on Friday to criticize rebel MPs who voted against the government to avoid a Brexit deal.

"John Bercow, Emily Thornberry, Dominic Grieve, Keir Starmer, Jo Johnson, Philip Hammond, David Gauke, David Lidington, Hilary Benn, Rory Stewart and many other Oxbridge Deputies for the EU have played a leading role in frustrating the referendum outcome Engage Parliament in a legal and administrative spider web, "Martin wrote in the findings.

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Tim Martin

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Tim Martin, chairman of Wetherspoon, speaks during a rally at the Brexit Party in Peterborough, UK, on ​​May 7, 2019. REUTERS / Simon Dawson

Wetherspoon founder and chairman Tim Martin speaks at the Brexit Party at the Colchester United Football Club in Essex during the We Are Ready event.

Conservative party candidate Boris Johnson visits London's Wetherspoons Metropolitan Bar with Tim Martin, chairman of JD Wetherspoon.

Conservative party candidate Boris Johnson visits London's Wetherspoons Metropolitan Bar with Tim Martin, chairman of JD Wetherspoon.

Conservative party candidate Boris Johnson visits London's Wetherspoons Metropolitan Bar with Tim Martin, chairman of JD Wetherspoon.

Tim Martin, chairman of JD Wetherspoon, during a Brexit party rally at the Peterborough Conference Center King's Gate as part of the European Parliament election campaign.

JD Wetherspoon's chair Tim Martin speaks during a "Leave Means Leave" rally in London, UK, on ​​January 17, 2019. REUTERS / Simon Dawson

Former London Mayor Boris Johnson (R) speaks with J. D Wetherspoon's chairman, Tim Martin, during a vacation get-together in Exeter, UK, May 11, 2016. REUTERS / Darren Staples

SEDGEFIELD, ENGLAND – SEPTEMBER 11: Chairman of the Brexit party Nigel Farage (R) talks to Tim Martin, the founder and chairman of Wetherspoon, the Brexit party, before joining party members and members during the Brexit conference tour on September 11 Delegate at the Sedgefield Racecourse, 2019 in Sedgefield, England. The rally is part of a nationwide conference trip where Nigel Farage will speak to audiences across the country. In preparation for possible parliamentary elections, the party has already selected potential parliamentary candidates in most constituencies of the United Kingdom. (Photo by Christopher Furlong / Getty Images)

COLCHESTER, ENGLAND – SEPTEMBER 2: Founder and chairman of Wetherspoon Tim Martin speaks party members and delegates at the JobServe Community Stadium during the first rally of the Brexit party conference tour on September 2, 2019 in Colchester, England. The rally marks the start of a nationwide conference tour where Nigel Farage will engage audiences across the country. In preparation for possible parliamentary elections, the party has already selected potential parliamentary candidates in most UK constituencies. (Photo by Christopher Furlong / Getty Images)

LONDON, ENGLAND – DECEMBER 14: Labor MEPs Kate Hoey and Wetherspoons Chairman Tim Martin attend a Brexit rally on the theme of "Vacation Means Vacation" at the Queen Elizabeth II Center on December 14, 2018 in London, England. Several politicians and public figures will speak at a series of Leave Means Leave campaign rallies calling on the government to step up Britain's rapid withdrawal from the European Union. (Photo by Jack Taylor / Getty Images)

TORQUAY, ENGLAND – OCTOBER 13: Tim Martin, founder and chairman of JD Wetherspoon (L), MEP and former chairman of the British Independence Party Nigel Farage (C), Conservative Deputy Jacob Rees-Mogg (R), is waiting for the word Means rally at the Rivera International Center on October 13, 2018 in Torquay, England. Leave Means Leave is a pro-Brexit campaign that conducts a series of rallies and events across the UK. (Photo by Matt Cardy / Getty Images)

MIDSOMER NORTON, ENGLAND – SEPTEMBER 21: Jacob Rees-Mogg, Member of Parliament for Northeast Somerset, and JD Wetherspoon owner Tim Martin (L) talk to drinkers as they visit a recently opened branch of JD Wetherspoon on September 21, 2018. Midsomer Norton, England. Jacob Rees-Mogg, chairman of the European Research Group and a staunch supporter of Brexit, attended the visit of JD Wetherspoon owner Tim Martin, who also campaigned for Britain's exit from the European Union during the 2016 referendum. (Photo by Matt Cardy / Getty Images)

MIDSOMER NORTON, ENGLAND – SEP 21: Jacob Rees-Mogg, Member of Parliament for North East Somerset, and JD Wetherspoon owner Tim Martin (R), visit a recently opened branch of JD Wetherspoon, on September 21, 2018 in Midsomer Norton, England , Jacob Rees-Mogg, chairman of the European Research Group and a staunch supporter of Brexit, attended the visit of JD Wetherspoon owner Tim Martin, who also campaigned for Britain's exit from the European Union during the 2016 referendum. (Photo by Matt Cardy / Getty Images)




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Martin also criticized the Scottish High Court judge who this week ruled that Boris Johnson abused his powers by foreseeing Parliament 5 weeks before the expiration of the Brexit deadline on October 31st.

He said democratic power in Britain has been watered down over the past 30 years, and "voters reject this loss of power – and distrust of politicians and the" elite "is the result."

Government planning documents indicate that Brexit could not reach an agreement. The Bank of England warns that an exit from the EU without a transitional agreement could lead to a 5.5% decline in GDP.

However, Martin argued that non-payment of EU tariffs on products such as rice, oranges, bananas, Australian wine and car parts would actually boost the UK economy.

"Above all, no-deal enhances democracy in the UK – the strongest economic aid," he wrote.

"It is absurd to argue that reducing input costs in the UK in combination with increased democracy will have damaging effects on the economy – just as it would be absurd for a company to take that argument if its own costs were lowered. "

Martin is one of the UK's most well-known Brexit supporting business people. He recently announced that JD Wetherspoon would lower the price of a pint by 20 pence to show how prices would fall if Britain left the Customs Union.

The move was criticized for pointing out that the price reductions were for UK-made beer whose ingredients come exclusively from the UK, which means that it is not subject to customs duties.

Martin wrote Friday: "Elite Remainers are ignoring the & # 39; big thing" in terms of lower input costs and more democracy, falsely focussing on assumed short-term issues, such as possible delays in the Channel ports – more easily extrapolated at their expense can be computer models. "

The attack on politicians who continue to be supported and those who do not oppose any deal came when Wetherspoon reported revenue growth in the 52 weeks to July 28th.

Pubs group sales increased 6.8% and sales increased 7.4% to £ 1.8 billion. Pre-tax profit decreased by 4.5% to £ 102.5m and operating profit decreased by 0.3% to £ 131.9m. Adjusted for special items, pre-tax profit increased by 7.2% to 95.4 million GBP.

"Despite persistent political problems resulting from the transfer of democratic power to a technocratic elite, Wetherspoon continues to perform well," Martin wrote.

– This article first appeared on Yahoo

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