The Company behind the Harvester,Toby Carvery and All Bar One brands is to make 1,300 people redundant due to the ongoing effects of Covid social restrictions.
Mitchell and Butlers saw its revenues fall by 34.1% in its annual results to the end of September and and the business to post a loss of £123m.
Despite government help the company has had to make 1,300 redundancies as a result of closing some sites
Phil Urban, Chief Executive, commented:
“Throughout a very uncertain and challenging year our businesses and teams have adapted quickly, creating a safe environment for guests and putting us in a strong position to benefit when consumers are able to eat out again. We saw direct evidence of this from a strong trading period in July and August before further restrictions came into force.
With our great estate, balanced portfolio of brands and proven management team, we remain optimistic that we will be able to regain the momentum previously built and continue to achieve sustained market outperformance, when the current operating restrictions are eased.”
The Company also operates Miller & Carter, Premium Country Pubs, Sizzling Pubs, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns
