Pub and restaurant group Mitchells & Butlers lauds sales rise but warns of risks ahead

The All Bar One owner, Mitchells & Butlers, has lauded recent encouraging sales at the pub and restaurant group but warned that risks from rising food and energy costs lie ahead.

The hospitality chain, which also owns Toby Carvery and Harvester, told shareholders on Wednesday that like-for-like sales had increased by 6.5% since the end of its latest financial year in late September.