Greene King gets a foods sales lift under its belt

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The brewer and pub operator says sales were up 4.4% in the last 18 weeks, a market-beating performance. Like-for-like food sales rose 8.6%.

Sales of Greene King's own beer, which includes IPA, are down nearly 5%, a result that unnerved the City a little. Critics say IPA is too often flat and watery in London pubs.

Chief executive Rooney Anand said: "The economic and consumer environment remains uncertain. However, we are confident of delivering another successful year for our shareholders."