The company is engaged with advisers to determine whether it could — or should — sell its business in the United Kingdom, according to UK newspaper The Times. Asked for comment, Starbucks shared with CNN Business an email it sent its UK staff over the weekend denying the company is engaged in a"formal sale process" and asserting its desire to remain in the region.
Read MoreProspects are bleak for the entire UK economy, according to a report on financial stability published earlier this month from the Bank of England, which said the outlook for the country's economy had"deteriorated materially." The Paris-based Organization for Economic Cooperation and Development forecast in June that the UK economy was heading to stagnation, with zero GDP growth forecast for 2023.
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They can get away with selling shitty overpriced coffee. They can’t get away with selling SERIOUSLY overpriced shitty coffee.
Sounds like a plan.
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