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Pret A Manger profit up 37pc; plans to set up 30 new shops worldwide in coming year

Sandwich chain Pret A Manger announces 37 percent profit increase, partly on the back of an increased demand for a humble breakfast cereal

For years it has been a distant reminder of Britain’s austere past and of the days before fancy cereals and continental breakfasts. But it seems that the humble bowl of porridge is helping us fend off cold weather and the looming threat of a double-dip recession.

Pret said it intended to set up 30 new shops around the world in the coming year, creating 700 new jobs, 500 of which will be in the UK.

 

(Source: guardian.co.uk)