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The Guardian - Back to homeThe Guardian

Mitchells & Butlers

January 2023

  • Christmastime at All Bar One in London’s Leicester Square.

    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

December 2022

  • A Harvester restaurant in Wales

    Harvester owner warns of inflation cost ‘headwinds’

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

May 2022

  • Nils Pratley

    Nils Pratley on finance
    Pub firms were lockdown losers but can adapt to tough trading conditions

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

January 2022

  • Empty tables at a restaurant in Marlow, Buckinghamshire in December.

    Second ‘lost Christmas’ for UK hospitality as Omicron hits sales

    Spread of variant and government guidance to work from home led to painful losses by year end

November 2021

  • A Harvester restaurant

    Harvester owner warns Brexit and rising costs will dent UK hospitality

    Pub group Mitchells & Butlers says suburban venues are faring best as rising bills and wages squeeze profit

May 2021

  • All Bar One sign

    Pub-goers are braving wet weather to return to local, say pub chains

    Mitchells & Butlers and Marston’s report strong demand for outdoor pint since reopening in mid-April

February 2021

  • Harvester restaurant in Staines-upon-Thames, Surrey

    Harvester owner delays payments to pension fund as it seeks £350m

  • Harvester restaurant

    Harvester owner to raise £350m from 'Sandy Lane set'

January 2021

  • An O’Neill’s pub in Southampton

    O'Neill's and Harvester owner considers emergency cash call

    UK pub and restaurant group Mitchells & Butlers says it faces ‘extremely uncertain’ future

November 2020

  • People drinking pints in a pub in Glasgow, Scotland

    UK pubs announce heavy losses and job cuts as Covid curbs bite

    Mitchells and Butlers and Fuller, Smith & Turner hit hard by restrictions on hospitality

September 2020

  • People outside pub

    UK hospitality and travel shares tumble after hints of second lockdown

    British Airways owner down 11% as hospitality sector makes grim prediction for pubs and clubs

March 2020

  • A woman in a medical mask walks past a Zara store in Moscow.

    Profit warnings from firms in Europe mount as Covid-19 bites

    From the UK to France and Spain, retailers and pub and restaurant groups count cost

November 2016

  • All Bar One owner Mitchells & Butlers sees profits slip

    Market Forces blog
    Mitchells & Butlers warns of Brexit impact on profits

    Company says plunge in sterling after EU vote will raise food and drink costs

October 2016

  • Intu shares fall as occupancy dips

    Market Forces blog
    FTSE supported by miners but Intu falls despite shrugging off BHS collapse

    Property group Intu, Whitbread and GKN all under pressure after updates

September 2016

  • drinkers outside O'Neills in covent garden, central lodnon

    Hot spell helps Mitchells & Butlers to 3.7% rise in drink sales

    Pub and restaurant group expects fall in full-year profit margins due to higher investment and wage costs

May 2016

  • Banking shares outperform in falling market

    Market Forces blog
    FTSE falls on US rate rise hints, with mining shares down but banks higher

    Banks outperform on hopes that higher rates will support balance sheets

April 2016

  • Toby Carvery owner Mitchells and Butler sees shares fall after bank cuts target price

    Market Forces blog
    Melrose and Mitchells & Butlers lead FTSE 230 lower

    Companies top fallers in mid-cap index after broker downgrades

September 2015

  • UK eating and drinking out market has been subdued over the summer.

    Mitchells & Butlers calls time on chief executive Alistair Darby

  • All Bar One owner replaces chief executive.

    Market Forces blog
    Mitchells & Butlers falls as chief executive goes and profits disappoint

June 2015

  • Hopes of Greek deal keep markets in positive territory.

    Market Forces blog
    FTSE edges higher on Greek hopes but investors remain nervous

    Leading shares fall back after earlier heading for three week high
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