44,000 people are employed by the Pub, Bar and Restaurant group Mitchells and Butlers, and it looks like some of those employees are going to become the latest victims of Covid job cuts.

It’s hard to walk around a city centre without seeing a venue owned by Mitchells and Butlers, names include Toby Carvery, All Bar One, Harvester and Miller and Carter and many more. These are all big favourites for many people, but that isn’t enough to secure their place in the post covid world. In September, the company announced a 35% fall in sales over the previous 6 months, this leading to their shares falling by a half.

Whilst 95% of their venues have already reopened post lockdown, the remaining venues are being reviewed on a case by case basis, and this week announced that twenty of its sites will not be reopening.

A spokesman for the firm said: “As announced in September, Mitchells and Butlers re-opened the vast majority of its estate, approximately 95%, after the first lockdown ended.

The remaining sites have been under review on a case-by-case basis since, taking into account factors such as expected footfall and business layout. We have taken the difficult decision not to reopen some of these sites and are working with leaseholders on next steps.”

 

How is the rest of the Hospitality Sector doing?

Not great. According to a study by software provider Forth, approximately half a million jobs have been lost in hospitality alone since January. People are keen to get out and support their local businesses, but with talk of lockdown extensions, it is becoming increasingly difficult for them to do so.

One thing we can be certain of, is that we will all be looking at a very different hospitality industry as we move into the new year.