Bettys and Taylors Group posts record £10m profit
UK tea and confectionary business Bettys and Taylors Group, owner of Taylors of Harrogate tea and coffee brand and six Betty's Café tea rooms, announced profits equaling £10 million ($14.8 million) for the first time in company's history. Pre-tax profit grew by £2.2m to £10m, while turnover rose by 14 percent to £133.2m in the year to October 31, 2012. Strong sales across both businesses contributed to these record results. In 2012, the group also gave 1,293 employees the equivalent of an additional six weeks' pay through the group profit share scheme, which has been operating for 30 years.