Mitchells & Butlers

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Fine imposed on Mitchells & Butlers Over Asbestos Exposure

Fine imposed on Mitchells & Butlers Over Asbestos Exposure

A fine has been imposed on Mitchells & Butlers as during renovation at a Darlington pub, three electricians and two plumbers came in contact with asbestos.

Mitchells & Butlers See a Rise in Food Sales

Mitchells & Butlers See a Rise in Food Sales

The food sales for Pubs and restaurants group Mitchells & Butlers has reportedly increased to 7.1% with an overall augment of a 4.4% in sales.

The food chain now intends to make acquisitions, as switching over to the higher-margin food sales had made the Company see much more growth than expected.

M&B Goes for Expansion in Food Business

M&B Goes for Expansion in Food Business

The Mitchells & Butlers, a pub group, plan to capture the Ha Ha Bar and Grill, a restaurant chain by paying £19.5m, can be seen as the major step for the expansion of their food business.

Mitchells is ready for the sale of their 333 pubs to the private equity firm TDR.

Mitchells & Butlers Announces Deal with Bar Restaurant Group

Mitchells & Butlers Announces Deal with Bar Restaurant Group

The famous pubs group Mitchells & Butlers (M&B) is reported to have announced a deal with Bay Restaurant Group. The deal worth £19.5million involves the acquisition of Bay Restaurant Group's 22-strong Ha Ha Bar & Grill restaurants by the owner of All Bar One chain.

M&B’s Profits Rise

M&B’s Profits Rise

Better profits may lead to resumption of dividends by British pubs and restaurants group Mitchells & Butlers Plc. The Company reported a 55% increase in pretax profit to 73 million pounds ($104.5 million) during the half year till April 10. The increase in food prices helped the Company to post better results.

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