Young cheers strong growth

Young & Co yesterday said it swung to an annual profit of £22.3m, heralding events like the Olympics and the Queen’s Jubilee for bringing customers to its pubs across London and the south east of England. The Aim-listed firm said revenues were up 8.2 per cent to £193.7m, with like-for-like sales 4.6 per cent higher. Trading since the end of March has been even stronger still, Young added.