What It Takes to Run One of London's Most Popular Pubs

Summary of What It Takes to Run One of London's Most Popular Pubs

by Bloomberg

1h 8mMay 25, 2026

Overview of What It Takes to Run One of London's Most Popular Pubs

This Odd Lots episode explores the business, culture, and economics of running a modern London pub through the lens of The Devonshire, one of the city’s most popular pubs. Hosts Joe Weisenthal and Tracy Alloway speak with co-founder Oisin Rogers about pub ownership, pricing, staffing, licensing, and why pubs remain a uniquely British social institution. In the second half, chef Ashley Palmer-Watts breaks down the food side of the operation, including how the team engineered the Devonshire’s signature Guinness pour and built a high-volume kitchen that still feels hospitable and accessible.

Main Themes and Takeaways

  • Pubs are not just bars: Rogers argues that pubs are embedded in the social fabric of Britain and Ireland in a way generic bars are not.
  • Atmosphere is the product: A successful pub is built around comfort, sociability, and sensory details—lighting, sound, cleanliness, staffing, and layout matter as much as drinks and food.
  • Food changed the economics: The rise of the gastropub, plus the smoking ban, helped transform pubs from drink-only venues into food-and-drink destinations.
  • Value matters: The Devonshire deliberately keeps a range of price points, from affordable pints and set menus to premium wine and beef dishes.
  • Operational excellence is invisible: A lot of the pub’s success comes from process, consistency, and training rather than flash or novelty.

Oisin Rogers: The Pub Business

What makes a pub different from a bar

  • Bars are mainly places to drink.
  • Pubs are community spaces—places to meet, linger, and socialize across demographics.
  • The best pubs create a sense of spontaneity, “chaos,” and shared experience.

How the industry has changed

  • Historically, many pubs were owned or influenced by brewers and large pub companies.
  • Free houses are harder to run because they lack scale, but they offer independence.
  • The smoking ban was a major turning point: it changed the customer mix, pushed pubs toward food, and reshaped how people used bar space.

Challenges facing pubs today

  • Rising costs: labor, raw materials, transport, and energy.
  • Regulatory burden: licensing, noise rules, delivery restrictions, bin storage, and local compliance.
  • Footfall is the biggest pressure point—if fewer people come in, margin pressure gets worse fast.

Why some pubs survive

  • Great pubs make people feel:
    • welcome
    • safe
    • comfortable
    • well looked after
  • Rogers emphasizes hiring for personality and hospitality as much as technical skill.
  • The Devonshire’s management style is hands-on, detail-oriented, and centered on staff morale.

Ashley Palmer-Watts: The Food, Guinness, and Scale

Engineering the perfect Guinness

  • The team treats Guinness like a precision product:
    • proper chilling and settling time
    • shortest possible lines from cellar to tap
    • carefully calibrated gas mix
    • controlled pressure and pour timing
    • attention to glass cleanliness and tap hardware
  • The result is a highly consistent pour that has become part of the Devonshire’s identity.

Designing a kitchen for volume

  • The menu had to work at scale, not just on paper.
  • The Devonshire serves hundreds of covers a day, so recipes need:
    • repeatability
    • simple execution
    • measurable controls
    • minimal room for error
  • The kitchen balances craftsmanship with throughput.

Food as storytelling

  • The team uses dishes that feel rooted in pub culture, such as:
    • beef cheek and suet pudding with Guinness
    • lamb cutlets with mint-infused lamb fat
    • house-made bread, bacon, and butter
  • The idea is to create memorable, authentic stories rather than gimmicks.

Business Lessons from The Devonshire

  • Pick partners with complementary skills:
    • one person focused on big-picture commercial strategy
    • one on food and product
    • one on front-of-house operations
  • Don’t chase price cuts at the expense of quality:
    • the team prefers fair pricing and long-term supplier relationships.
  • Accessibility drives volume:
    • the business aims to serve both casual visitors and high-spending diners.
  • Consistency beats hype:
    • the pub’s success is built on repeatable standards, not just a trendy concept.

Notable Insights

  • Rogers sees pubs as one of the last truly democratic spaces, where CEOs and laborers can sit side by side.
  • He believes the best pubs avoid loud music and TVs, because conversation should be the main sound.
  • The Devonshire’s reservation system is tight, but it still keeps room for walk-ins.
  • Both guests reject the idea that young people don’t drink; they see strong demand from younger customers, even if habits are changing.

Bottom Line

The episode shows that running a successful pub in London is a blend of hospitality, economics, and cultural stewardship. The Devonshire succeeds because it treats the pub as both a business and a public institution: one that sells drinks and food, but also delivers atmosphere, identity, and community.