City snapshot: Stronger pricing boosts bottom line at Tate & Lyle

Tate & Lyle has posted a 23% jump in full year pre-tax profits despite falling sales of its key Sucralose sugar substitute product as improved pricing boosted margins. Plus, PayPoint posts a rise in annual sales and profits, driven by increased retail penetration, Tesco and Booker director takes chairman role at C&C Group and all the rest of the latest news from the City.