Mitchells & Butlers (M&B) has recorded like-for-like sales growth of 2.7% in the past eight weeks versus 2019 since the end of its financial year, during which its like-for-likes dropped by 9.6%, impacted by Covid-related restrictions.
Pub company Mitchells & Butlers (M&B) currently has more than 1,700 sites across the restaurant and pub sector. Here, The Morning Advertiser takes a look back at how the business got to where it is today, through its merger and acquisition activity.
Mitchells & Butlers (M&B), the operator of managed restaurants and pubs including Harvester, Toby Carvery and Nicholson's, has revealed sales have been “volatile” since full reopening on Monday 17 May.
Despite takings tumbling by 79% during the six months to 10 April, the CEO of the firm behind Toby Carvery and All Bar One believes it can emerge from pandemic restrictions in a ‘strong competitive position’.
Birmingham-based pub operator Mitchells & Butlers (M&B) has revealed that it is considering an equity capital raise in a bid to increase “financial and operational flexibility” during England’s third national lockdown.
Birmingham-based pub group Mitchells & Butlers (M&B) has revealed a £300m swing from pre-tax profit to loss in the 52 weeks ended 26 September 2020 – a period in which it was forced to axe 1,300 staff members.
Birmingham-based pub operator Mitchells & Butlers (M&B) has secured £100m as part of the Coronavirus Large Business Interruption Loan Scheme (CLBILS) – safeguarding approximately 45,000 jobs in the process.
Vintage Inns pub the Ye Olde Six Bells in Surrey, which dates back to the 9th century, is expected to reopen this autumn following a full refurbishment after it was ravaged by fire last month, The Morning Advertiser can reveal.
Mitchells & Butlers, which was named ‘Overall Best Place to Work’ at the National HR Distinction Awards in February, actively encourages employees to pursue development opportunities in their spare time as it benefits both their workplace skills and...
Apprenticeships offer a fast-track route to rewarding careers in the hospitality and pub sector, MPs and pub industry leaders said at the Apprenticeship Showcase event in the House of Commons yesterday.
Pub-industry bodies have slammed a report from the pubs code adjudicator containing evidence that pub-owning businesses (POBs) are blocking tied tenants’ access to the market rent only option (MRO) and going against the spirit of the pubs code.
Pub-owning businesses (POBs) are blocking tied tenants’ access to the market rent only option (MRO) and going against the spirit of the pubs code, according to a report commissioned by the pubs code adjudicator’s office.