Portmeirion in royal boost

Shares in Portmeirion hit a 13-year high yesterday as the pottery manufacturer said it would smash profit forecasts for this year and expected to launch 250 new products in 2011, including a range of Royal Wedding items. Chairman Dick Steele said export sales to the US, Korea, Canada and Italy had been strong. Portmeirion bought Spode and Royal Worcester from their administrators for £3.2m just under two years ago and has performed well in the US.