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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/jamies-book-boosts-pearson-profits.jpg"><img class="alignnone size-full" title="Sales of Jamie Oliver's 30 Minute Meals cook book boosted Pearson's 2010 performance" src="http://londonglossy.com/wp-content/uploads/2011/02/min-jamies-book-boosts-pearson-profits.jpg" alt="Sales of Jamie Oliver's 30 Minute Meals cook book boosted Pearson's 2010 performance"/></a></p>
<p>The owner of publisher Penguin has posted a 28% surge in annual profits as it hailed the division&#8217;s best UK performance in its 75-year history.</p>
<p>Pearson, which also owns the Financial Times Group and a large education division, said sales of books such as Jamie Oliver&#8217;s 30 Minute Meals and Stephen Fry&#8217;s The Fry Chronicles boosted its 2010 performance.</p>
<p>Pearson reported pre-tax profits of £670 million as group sales jumped 10% to £5.7 billion last year.</p>
<p>But it cautioned a squeeze on Government spending would hit trade in 2011.</p>
<p>As the group revealed its full-year results, chief executive Marjorie Scardino said Pearson was &#8220;uncomfortable&#8221; having the Libyan Investment Authority, a state-backed wealth fund, as its fourth-biggest shareholder.</p>
<p>Ms Scardino said the company was waiting to learn more about the implications of UK Government plans to freeze assets held in Britain by President Muammar Gaddafi.</p>
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