The Queen's grocer Fortnum & Mason is on course to make the largest profit in its 306-year history after a sucessfull Christmas that contrasted with the gloom on much of the high street.

Record deliveries of hampers and huge rises in demand for Christmas treats have helped push turnover up 7.4 per cent at the Piccadilly store during the five weeks upto January 5th. If online sales are included then sales were up 13.4 per cent.

The strong figures came at the end of the year that saw the opening of Fortnum's first stand-alone store at St Pancras station in November where sales "significantly exceeded expectations". There are also plans to open a branch in Dubai this year.

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