McManus and Magnier-backed UK pub operator warns of uncertainty

Drinks being poured at Mitchells and Butlers owned bar, the O’Neill’s, in Carnaby Street, central London.

A UK pub operator in which Irish financiers JP McManus and John Magnier are significant shareholders has warned of a challenging and uncertain time ahead having already seen sales decimated this year due to Covid-related restrictions and closures.

Mitchells and Butlers owns the O’Neill’s, All Bar One and Harvester chains in the UK, with Mr McManus and Mr Magnier significant investors behind British businessman and Tottenham Hotspur owner Joe Lewis.