Mitchells & Butlers has today posted a massive sales slump and said its outlook remains "challenging and uncertain" in the face of new curbs for British pubs and restaurants to tackle a surge in Covid-19 cases.
Prime Minister Boris Johnson has ordered all pubs, bars, restaurants and other hospitality sites to close at 10pm from today, with only table service allowed.
Other hospitality companies such as Whitbread and JD Wetherspoon have already announced potential job cuts as a result of the coronavirus impact.
Mitchells said total sales for 51 weeks ended September 19 fell more than 35% due to a sharp slump in demand caused by coronavirus-led store closures.
The company said the UK government's "Eat Out to Help Out" scheme and lower tax rate for certain supplies helped it return to like-for-like sales growth of 1.4% in August.
It added that it has now reopened 95% of its outlets.
