The crisis-hit company is offering seven new shares for every 18 existing shares to qualifying shareholders, at a price of 210 pence per share.

Mitchells & Butlers, a British pubs group in which Irish billionaires John Magnier and JP McManus have a significant stake, is burning through £30(...)

Mitchells & Butlers said on Monday that it would offer 167 million new shares at a 36 per cent discount to Friday’s closing price. Photograph: Johnny Green/PA Wire

Mitchells & Butlers, the UK’s largest listed pub company, which is backed by Irish tycoons John Magnier and JP McManus, has said it plans to raise(...)

Wall Street hit record levels as market participants bet on more coronavirus relief aid under a Democrat-controlled Congress. Photograph: Angela Weiss/AFP

European stocks climbed for a second straight session on Thursday as construction stocks gained and commodity-linked shares rose on hopes of larger US(...)

 Mitchells & Butlers  has already cut 1,300 roles, suspended dividends and sought debt waivers to ride out the crisis.  Photograph: Carlos Jasso/ Bloomberg News

Irish-backed UK pub giant Mitchells & Butlers said on Thursday it was considering an equity raise after England was plunged into a third national (...)

Associated British Foods, the owner of the Irish-headquartered discount fashion chain Penneys/Primark, was up by almost 17 per cent in early afternoon trading.

Hospitality stocks, such as airlines and hotel operators, as well as retailers surged on the news that a potential vaccine for coronavirus may be up t(...)

Ryanair closed 4.65%  up at €12.275 after hitting highs of €12.61 shortly before 11am

November trading kicked off strongly as positive economic data, including signs of a revival in manufacturing, boosted European markets on Monday. In(...)

Wall Street’s main indexes rose on hopes of more federal fiscal aid and growing expectations of a Democratic victory in next month’s presidential election. Photograph: Getty

European stocks posted a second consecutive week of gains on Friday as bumper forecasts from some companies set a brighter tone for the earnings seaso(...)

An All Bar One pub in the UK, part of the Irish-backed Mitchells & Butlers group.

Irish-backed UK pub owner Mitchells & Butlers said on Friday it had obtained debt waivers from its creditors in exchange for an agreement to not r(...)

An All Bar One pub in the UK, part of the Irish-backed Mitchells & Butlers group

Irish-backed UK pub giant Mitchells & Butlers said on Tuesday that it has secured significant temporary relief from its banks to get through its c(...)

Mitchells & Butlers, in which Irish horse-racing magnates JP McManus and John Magnier hold a combined 23.5 per cent stake, said that it was ‘encouraged’ by stimulus measures announced on Tuesday by   chancellor of the exchequer Rishi Sunak. Photograph: iStock

Irish-backed UK pub giant Mitchells & Butlers warned on Wednesday that it “could suffer a significant loss” in the four weeks before it is due to (...)

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