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The Independent UK
The Independent UK
Business
Holly Williams

All Bar One owner M&B warns of price rises due to Budget cost woes

All Bar One owner Mitchells & Butlers has become the latest business to warn of price rises after Budget measures as it revealed costs will soar by around £100m next year (PA) - (PA Media)

All Bar One owner Mitchells & Butlers (M&B) has become the latest business to warn of price rises after Budget measures as it revealed costs will soar by around £100 million next year.

The group, which also owns brands including Toby Carvery, said higher wage expenses are “by far the most significant increase” in its cost base following moves announced in last month’s Budget.

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