City snapshot: Costa Q1 like-for-likes slide ahead of demerger

Whitbread owned Costa Coffee grew its first quarter sales by 5.2% ahead of its planned demerger, but like-for-like sales fell 2% reflecting the slump on UK high streets. Plus, butchery group Crawshaw suffers 12.9% like-for-like collapse in 20 weeks to 17 June and all the rest of the latest news from the City.