Pubs and restaurants company Mitchells & Butlers had other things on its plate this summer: the British heatwaves hit its sales.


The FTSE 250 company said that sales were flat in the three months to 18 July because of “several extended periods of extreme heat also had an adverse impact on trading” at its restaurants such as Toby Carvery and Miller & Carter, in a trading update published on Thursday.
Our business has performed with resilience during a quarter characterised by unusual weather patterns. The strength of our diversified portfolio has moderated the impact of external factors and together with the continued success of our investment programme and Ignite initiatives we remain confident in delivering our full-year expectations.
Continue reading...