Better weather in 2011 at the end of the year contributed to a strong improvement in like-for-like (LFL) sales at pubs group Mitchells and Butlers, but trading has been more subdued in January.
LFL sales in the nine weeks to January 21st, 2012, were up 6.5% from the corresponding period a year earlier. As a result, like-for-like sales in the first 17 weeks of the financial year were up 4.4%.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
8 of the best houses for sale with tennis courtsThe best houses for sale with tennis courts – from a period property in Dumfries and Galloway with two islands on the River Dee, to a house in Cumbria with a 1977 En Tout Cas tennis court
-
Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
