Mitchells & Butlers said to be carrying out "full review"

Could pub and restaurant operator Mitchells & Butlers see significant structural change in 2016?

The shares, down about 12pc on the year, have lagged rivals Greene King, up 25pc over 2015, and Marston's, up 17 over the year.

So, the company is under pressure to revitalise, especially as it has some pretty punchy shareholders, including Tottenham Hotspur backer Joe Lewis and Irish tycoons JP McManus and John Magnier...