Resilient U.K. Pubs May Appeal to Investors More Optimistic

Resilient U.K. Pubs May Appeal to Investors More Optimistic

Customers stand at the bar of the Lord Moon of the Mall pub, operated by JD Wetherspoon Plc, in London. Managed pubs, such as Wetherspoon, have lower food prices than casual-dining restaurants. Photographer Rupert Hartley/Bloomberg