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Opening Quote: ABF finds its sweet spot

Summary:
ABF finds its sweet spot. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Associated British Foods has arguably the perfect recipe for our times. There is a lot to be said for some cheap and cheerful new clothes, a nice cup of tea, plenty of sugar and a hot buttered crumpet when inflation keeps outstripping wage growth, consumers are abandoning the high street, the prime minister has to deny she’s a robot live on Radio 4’s Test Match Special, and Tony Blair – of all people – is starting to sound like the most rational politician on Brexit.So this morning’s news of even higher than forecast operating profit from the FTSE 100 owner of Primark, Twinings, Silver Spoon and Sunblest provided some much-needed

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ABF finds its sweet spot. FT Opening Quote, with commentary by Matthew...

Siona Jenkins
Former Cairene; FT Middle east news editor. Views my own.

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