Son is currently doing 8:00am to 12:30am split shifts, usually 2 - 3 hour break around 2:00, every day this week. GM is on a week sick leave and there are no team leaders. I recon his hourly pay has eroded down to £5.00. Told him to expect reward in heaven. Is this slave labour.
Just hoofed this post to concur. My son has been working too many 18 hour shifts lately (some without breaks) because of under staffing, penny wise pound foolish you couldn't make it up. His pub regularly has an intense working environment, I expect him to collapse one day. 12:30am finishes and 8:00am starts is my main gripe as he too often only gets 4 - 5 hrs sleep. See the problem. I'm annoyed because he is on salary so dosen't get more for 60+ hrs/ wk. Rant over.
Feast on Mitchells & Butlers’ turnaround Return of payout after seven years as shift to premium end of market boosts prospects Mitchells & Butlers’ (MAB) pledge to bring its pubs into the 21st century and tackle mounting competition presents a buying opportunity for investors while the share price is still low. The investment case is bolstered by the return of ...
Mitchells & Butlers PLC (LON:MAB) Change of Rating
Trading of Mitchells & Butlers PLC (LON:MAB)’s shares is going to be interesting today, as HSBC lowered the stock to a Hold. Along the rating downgrade, HSBC analysts gave a target price of GBX 385 or 17.20% more.
The big problem with this company is they do not invest in staff, have u ever been to one of their outlets? Shocking! Food generally good but never enough staff must cost them thousands in lost sales. One man is not to blame but he could of invested in people.
Forecasts will come down and the future, to be blunt, is somewhat unknown.
One person is not to ‘blame’ for M&B’s sluggish performance. It follows that changing one man, whilst under ideal circumstances the newcomer may prove inspirational, will not ‘solve’ these ‘problems’
To structure the RNS statement such that it welcomes a new CEO before it concedes that it has jettisoned its existing CEO is, just maybe, a little rude.
Here’s a thought, why not break M&B up? Turkeys (executive directors) don’t often vote for Christmas but, with [entrepreneur Joe] Lewis and [investment group] Elpida owning around half of the company, this is a real option.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.