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Mouthing off

Mr Martin has nothing to fear on that score. He gets by on a fixed fee of £324,000 a year, although he has the advantage of being able to pocket over £4m a year in Wetherspoon dividends. That, however, is because he still owns 33 per cent of the company he founded 40 years ago, so it might be attributed to the rewards for real entrepreneurialism, not the ersatz version often concocted by the bosses of listed companies.

His exhortations for the UK to leave the EU, which almost make Dominic Cummings seem ambivalent, are entertaining enough. His attacks on the UK’s corporate governance rules are more significant since they come from inside the largely self-serving machine that acts as a cover for company bosses to extract economic rents or – worse – as an encouragement for them to do so.

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