UK 'shelves' Covid passports for pubs and restaurants - report
26th Apr 2021 13:24
(Sharecast News) - The government has "shelved" plans for Covid-19 passports in pubs and restaurants when they are allowed to reopen for indoor customers, according to a report.
Read moreM&B chairman Bob Ivell suffers revolt at AGM
24th Mar 2021 13:14
(Sharecast News) - Almost one-quarter of Mitchells & Butlers shareholders voted against the pub group's chairman in a sign of increased frustration about governance and the influence of a group of big investors.
Read moreWetherspoon rises but Sunak disappoints on pub support
3rd Mar 2021 15:34
(Sharecast News) - Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK's pubs in his budget.
Read moreMitchells & Butlers sales slump as group launches £351m placing
22nd Feb 2021 07:00
(Sharecast News) - Pub group Mitchells & Butlers said sales had plunged almost 70% amid tighter Covid-19 curbs as it launched a £351m placing to shield its balance sheet from the coronavirus pandemic.
Read moreMitchells & Butlers in £350m placing as major shareholders take control
15th Feb 2021 07:01
(Sharecast News) - Three shareholders in Mitchells & Butlers have combined to control 55% of the Harvester owner as the pub giant said it planned to raise £350m through a discounted raising.
Read moreMitchells & Butlers to raise equity as lockdown burns cash
7th Jan 2021 07:44
(Sharecast News) - Mitchells & Butlers said it was planning to raise capital from shareholders with no pubs trading and the company burning through up to £40m a month of cash during the Covid-19 lockdown.
Read moreJefferies upgrades Whitbread, downgrades InterContinental in leisure overview
8th Dec 2020 08:01
(Sharecast News) - Jefferies has upgraded Whitbread but downgraded both InterContinental Hotels Group and On The Beach Group following the latest Covid-19 vaccine developments.
Read moreSwathes of England face strictest Covid restrictions
26th Nov 2020 11:37
(Sharecast News) - London escaped the most stringent of post-lockdown Covid-19 restrictions but Manchester, Birmingham and Newcastle are among areas faced with strict measures in the runup to Christmas.
Read moreMitchells & Butlers axes 1,300 jobs as sales slump on new Covid curbs
26th Nov 2020 07:10
(Sharecast News) - Pub group Mitchells & Butlers said it had made 1,300 people redundant since the end of September as sales slumped under new Covid-19 restrictions in England.
Read moreLondon to move from Tier-1 to Tier-2 Covid-19 restrictions on Saturday
15th Oct 2020 10:41
(Sharecast News) - Londoners will be subject to Tier-2 Covid-19 restrictions from Saturday, meaning that the mixing of households indoors and at pubs and restaurants will not be allowed.
Read moreUK advisers call for action to stem Covid-19
21st Sep 2020 11:31
(Sharecast News) - The UK is on track for more than 200 Covid-19 deaths a day by mid-November unless urgent action is taken to stem the spread of the disease, the government's scientific advisers said.
Read moreSunday newspaper round-up: BT Group, Big Lenders, Travel firms
2nd Aug 2020 18:23
(Sharecast News) - Could a French telecoms billionaire be circling BT's Openreach arm? The mutter from the City gutter is that the secretive Patrick Drahi has set his sights on the division that maintains Britain's telephone lines and internet cables. Drahi, a powerful dealmaker, now resides in Switzerland but made his fortune in France building telecoms groups Altice. The rumour claims that one of the Altice companies Drahi controls - perhaps Altice USA - has secured financial backing from heavyweight bankers at JP Morgan with a view to paying £20billion for the unit. - Mail on Sunday
Read moreMitchells & Butlers swings to loss on Covid lockdown closures
2nd Jul 2020 07:38
(Sharecast News) - Pub group Mitchells & Butlers swung a to a first-half pre-tax loss as the coronavirus pandemic hurt revenue.
Read moreMitchells & Butlers says no dividend before end of 2021 fiscal year
12th Jun 2020 07:02
(Sharecast News) - Pub and restaurant operator Mitchells & Butlers said it had scrapped dividends until until the end of the 2021 financial year in return for new loan financing and waivers as it dealt with the coronavirus crisis.
Read moreMitchells & Butlers gets extension to financing waiver
18th May 2020 07:03
(Sharecast News) - Mitchells & Butlers said the waiver agreed with lenders to avoid a breach of its financing terms had been extended for three weeks.
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