All Bar One and Harvester Owner Warns on £130m Cost Hit as Wage and Food Bills Rise

All Bar One and Harvester owner warns on £130m cost hit as wage and food bills rise

All Bar One owner Mitchells & Butlers has revealed it is facing extra costs of around £130m in the year ahead from a soaring wage bill and rising food prices.

All Bar One owner cautions over £130m cost hit as wage and food bills soar

The firm reported pre-tax profits rising by a fifth to £238 million in the year to September 27, despite an extra £100 million of costs.

All Bar One owner cautions over £130m cost hit as wage and food bills soar

The firm reported pre-tax profits rising by a fifth to £238 million in the year to September 27, despite an extra £100 million of costs.

Mitchells & Butlers: £130M Hit From Cost Surge

Archyde Rising Costs and Shifting Strategies: How Wage Hikes and Business Rates Are Reshaping the UK Hospitality Landscape A £130 million cost surge for Mitchells & Butlers (M&B), owner of All… You can read the full story here: Mitchells & Butlers: £130M Hit From Cost Surge.

Mitchells & Butlers Faces £130m Cost Increase Amid Wage and Tax Changes - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants

Share Post Share Email Mitchells & Butlers, the operator behind popular pub and restaurant chains including All Bar One, Toby Carvery, Harvester, and Miller & Carter, has announced it expects to face approximately £130 million in additional costs during the coming financial year. The Birmingham-based hospitality group attributes the substantial cost increase primarily to employment-related expenses, particularl…

Pub chain Mitchells & Butlers faces £130m hit from rising wage and food costs

Group, which also owns restaurant brands including Toby Carvery, feels impact of increase in employer NICs The All Bar One owner, Mitchells & Butlers, has warned that it is facing about £130m in extra costs over the next year because of a soaring wage bill and rising food prices. The group, which…