Drink sales showed a small but welcome uplift at Mitchells & Butlers, the pub operator.
However, rising costs are hitting profit margins and its mid-market brands are coming under pressure from spending cutbacks among families with mortgages.
By Maggie Urry and Roger Blitz
Published: September 23 2008 20:24 | Last updated: September 23 2008 20:24
Drink sales showed a small but welcome uplift at Mitchells & Butlers, the pub operator.
However, rising costs are hitting profit margins and its mid-market brands are coming under pressure from spending cutbacks among families with mortgages.