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The Latest Breaking News from Mitchells Butlers

Harvester and Toby Carvery owner says it will take £100m hit from tax changes

Mitchells & Butlers faces ‘cost headwinds’ because of rises in national minimum wage and employer NICs

The Guardian - UK

All Bar One owner M&B warns of price rises due to Budget cost woes

Mitchells & Butlers is facing around £23 million a year in extra costs from the rise in national insurance contributions alone.

The Independent UK

Central London pub adds £2 surcharge to pints ordered after 10pm

Consumer experts say this London pub is using underhand tactics to get customers to pay nearly £10 for a pint

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

NICs rise will force businesses to close, warn hospitality bosses

More than 200 leading restaurant, pub and hotel companies say tax rises will cause ‘unprecedented damage’

The Guardian - UK

UK unions fear not all staff will get fair share as tip-sharing law comes into force

New rules mean 100% of gratuities are passed on, but Unite says some staff could still be left out of pocket

The Guardian - UK

Who is Joe Lewis? British billionaire indicted over insider trading

Lewis faces New York court date for ‘insider training scheme’

Evening Standard

UK pubs and restaurants toast festive sales surge despite cost pressures

People felt confident to gather for first time since Covid according to Whitbread and Mitchells & Butlers

The Guardian - UK

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Harvester owner warns of inflation cost ‘headwinds’

Pub and restaurant group Mitchells & Butlers lauds sales rise but warns of risks ahead

The Guardian - UK

Liz Truss’s energy price freeze could soften UK recession, say economists

UK retailers and pubs rise on FTSE after outline emerges of new prime minister’s plan to tackle rising bills

The Guardian - UK

North East deals of the week: key contracts, investments and acquisitions

Organisations announcing deals include Troo, Lixir Tonic, Quantafuel and Studio Anyo

Birmingham Post

Botanic brewer Fentimans toasts national deal to supply Mitchells & Butlers

Fentimans will become available in its chains including Browns, All Bar One, Harvester, Toby Carvery and Vintage Inns

Birmingham Post

Thursday the new Friday as UK returns to office for ‘core’ midweek days

City centres are gradually getting busier, but it is likely some degree of remote working is here to stay

The Guardian - UK

Pub firms were lockdown losers but can adapt to tough trading conditions

It’s possible much of current uncertainty is already priced in to recovery of well-run companies like M&B and Marston’s

The Guardian - UK

UK pub chains warn of price rises due to increase in food and fuel costs

Marston’s phases out ‘two-for-one’ meal offer while Mitchells & Butlers increases prices to cope with rising costs of utilities, wages and food

The Guardian - UK

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