We don’t lead the world in Artificial Intelligence. We can’t keep up with the Chinese in making electric vehicles, and as for building high speed trains it is best not to ask. Still, there was one sector of the global economy where the British were world beaters. When it came to making ridiculously expensive milky caffeine-based drinks our entrepreneurs could match anyone. But hold on. There are now signs that Britain has turned its back on overpriced coffee – and the chains are running into trouble.

The real problem is that the chains are charging way too much for a product that is not actually very good

Pret a Manger is no longer the booming business it once was. It has emerged that its owner JAB, which bought it from the private equity firm Bridgepoint for £1.5 billion in 2018, had wr

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