Resilient Pubs May Appeal to Investors More Optimistic on U.K.

Shares of pubs may attract investors who predict the U.K. economy will grow more than forecast, as consumers keep hoisting pints.

Sales rose 2.1 percent in November at managed pubs and restaurants open at least 12 months, according to the Coffer Peach Business Tracker. This marks six consecutive months of so-called like-for-like increases at 24 major chains amid renewed concerns about a U.K. recession, said Peter Martin, chief executive officer at Peach Factory, which tracks the data with KPMG LLP, UBS AG and the London-based Coffer Group.