Mitchells and Butlers pub chain cuts 1,300 jobs as it reports £123 million loss
Pub group Mitchells and Butlers has cut 1,300 jobs this year.
The chain – which includes All Bar One and Toby Carvery – made a loss of £123 million in the last year.
It said it could no longer support staff as the pandemic has torn its way through the hospitality industry.
Chief executive Phil Urban said:
“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.”