Pubs and restaurants group Mitchells & Butlers (M&B) yesterday announced plans to sell 333 pubs as it withdraws from the "lower price, drinks-led market". The pubs are being sold to Stonegate Pub Company, which is controlled by TDR Capital, for £373m. Earlier this month, Birmingham-based M&B announced the sale of its Hollywood Bowl 10-pin bowling business to rival AMF Bowling for £39m. The sales form part of a strategy outlined by the group in March. M&B, which owns Harvester and All Bar One, wants to sell off many of its non-core pubs and late-night High Street bars. The move has been criticised by the GMB union who accused TDR’s owners, Manjit Dale and Stephen Robertson, of being asset strippers Financial Times. P14; The Sun, p41; The Guardian, p35; Daily Telegraph, p30; The Times, p38