All Bar One owner Mitchells & Butlers has revealed it is facing extra costs of around £130 million in the year ahead from a soaring wage bill and rising food prices.
The group – which also owns brands such as Toby Carvery, Harvester and Miller & Carter – said the cost hike was largely being driven by April’s national insurance contribution and minimum wage hike, with a further above-inflation rise in the minimum wage set for this year.
