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City news

M&B reports 1.3% sales growth

29-Jul-2015 By James Wallin, MC Allegra FS

Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.

Walkabout operator turns attention to all-day format

25-Mar-2015 By James Wallin, M&C Report

John Leslie, chief executive of Walkabout operator Intertain, has said that the company’s refurbishment programme will focus on an all-day format.

Novus to convert Jewel to Mabel’s

18-Mar-2015 By Mark Wingett, M&C Report

Novus Leisure, the Hutton Collins and LGV Capital-backed group, will launch its modern neighbourhood bar format on its Jewel site in Covent Garden next week, under the name Mabel’s, the Publican's Morning Advertiser's sister title M&C Report...

Young's completes £10m 580 Group deal

17-Oct-2014 By Mark Wingett, M&C Report

Young’s has completed the acquisition of 580 Limited, the operator of four pubs in prime London locations, for a total consideration of £10.4m on a debt free basis.

Mitchells & Butlers cools growth plans

01-Oct-2014 By John Harrington, M&C Report

Mitchells & Butlers (M&B) is to significantly “temper” its organic expansion as it focuses on converting the former Orchid estate.

Roy Ellis joins JW Lees board as adviser

30-Sep-2014 By John Harrington, M&C Report

Roy Ellis, founder and ex-chief executive of Inventive Leisure, is to join the management board of JW Lees, the Manchester-based brewer and pub operator, as an external adviser, as the company accelerates its growth plans.