UK has not hit ‘peak Greggs’, says CEO, as sales slow in heatwave

Bakery chain reports 14% drop in first-half profit as shoppers shun sausage rolls and pastries in hot weatherBusiness live – latest updatesThe boss of the UK’s largest bakery chain has denied that Britain has reached “peak Greggs”, after reporting a drop in earnings as consumers lost their appetite for baked goods such as sausage rolls and pastries during recent spells of hot weather.Greggs, which operates 2,649 shops across the UK, notched up more than £1bn in sales in the first six months of the year for the first time, but its profits fell as it battled rising costs, lower footfall and more weather disruption than in 2024. Continue reading...

Comments

Business News

Nantucket officials accuse offshore wind developer of going into hiding since Trump's election

ABC News

I got a sneak peek at the newly restored Waldorf Astoria hotel in New York City. It looks straight out of the Gilded Age.

about 2 hours ago

NYC office shooter Shane Tamura left a note criticizing the NFL: 'Please study brain for CTE'

insider

Comments

Similar News

OVO Energy issues 'critical' update with UK customers set to benefit

Starmer under fire over American tariffs on UK steel

'I moved from UK to Benidorm – price of a pint and Full English left me floored'

UK food inflation rises for sixth month running, industry data shows

Abramovich business associate Eugene Shvidler fails to overturn UK sanctions

Uber loses UK supreme court appeal over tax on rival apps

Two of the UK's best-known bread brands near historic £75m merger

Conditions ‘really tough’ for running UK businesses, says Gary Neville

Conditions ‘really tough’ for running UK businesses, says Gary Neville

Google launches new AI search feature in UK

UK car market set for strongest year since before Covid pandemic

UK car market set for strongest year since before Covid pandemic

Rising UK food prices turn cash-strapped shoppers away from high street

Aldi's £13 update will bring permanent change to all UK stores

Revealed: The scale of cheap Chinese imports flown into UK without paying any tariffs

Google launches AI Mode in the UK amid ‘major shift’ in online search

Google launches AI Mode in the UK amid ‘major shift’ in online search

House prices ‘jump 6.1% annually in some parts of UK but fall by 5.0% in others’

New mortgage affordability rules help UK housing market avoid summer lull

House prices ‘jump 6.1% annually in some parts of UK but fall by 5.0% in others’

Business News

Nantucket officials accuse offshore wind developer of going into hiding since Trump's election

A Turkish Airlines flight is evacuated via emergency slides after smoke detected in landing gear

Cargo surge amid tariff turmoil drives the Port of Savannah to its 2nd busiest year

29-year-old Google engineer dies in freak accident on popular Yosemite trail

English cricket goes into bat with bulk of &#163;520m Hundred windfall

‘Perfect’ £25 gold hoop earrings are loved by everyone from Kate Middleton to Cat Deeley

TripAdvisor cofounder says he sometimes gets ghosted on LinkedIn now that he's no longer CEO

I got a sneak peek at the newly restored Waldorf Astoria hotel in New York City. It looks straight out of the Gilded Age.

NYC office shooter Shane Tamura left a note criticizing the NFL: 'Please study brain for CTE'

The EPA proposes gutting its greenhouse gas rules. Here's what it means for cars and pollution

Trump’s Break With Netanyahu On Gaza: A Timeline Of Ally, MAGA Pressure

‘28 Years Later’ Is Now Streaming—How To Watch The Horror Sequel At Home

How To Watch Noah Lyles And Sydney McLaughlin-Levrone At The 2025 USATF Championships

FDA Recommends Banning Kratom Byproduct—But Not The Plant Itself Yet

Donna Karan New York Launches Summer 2025 Social Media Campaign

Ghislaine Maxwell’s Lawyer Tells Congress She’ll Only Testify After Appeal Is Over—Or If Trump Pardons Her

Newcastle United’s Future Success Rests On Convincing Benjamin Sesko

Trump’s Approval Rating Down 1 Point In Latest Poll

A New Framework For Navigating The Coming Chaos

Alon Day Returns To Xfinity Series Competition With Sam Hunt Racing

What We Know About ‘Golf Force One’—Latest Addition To Trump’s Presidential Fleet

Milwaukee Bucks Center Depth Chart Following Free Agency

How To Watch Ozzy Osbourne Funeral Procession On Wednesday

Jimmy Kimmel’s Contract, Stephen Colbert And The Future Of Late Night

History & Hydrology: What You Don’t Understand About China’s New Dam

Prices To Rise For Prestige European Consumer Products, Making U.S. Brands More Competitive

Luis Díaz Leaves Incredible Liverpool Legacy Before Bayern Move

How Canada-U.S. trade talks could shape the potential recession risk

Novo Nordisk, Ozempic Drugmaker, Sees Stock Plunge 20% After Profit Warning

Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy

FTSE 100 climbs as earnings cascade brings cheer

FTSE 100 climbs as earnings cascade brings cheer

The 50/40/10 rule that helps people get out of debt, explained

US health officials crack down on kratom-related products after complaints from supplement industry

Union Pacific strikes $85B deal to buy rival Norfolk that would create US’ first coast-to-coast rail operator

House probes whether EU, Biden administration pushed Spotify to censor podcasters including Joe Rogan, Steve Bannon

Ozempic and Wegovy maker Novo Nordisk sees shares tumble on profit alert

Rachel Reeves and Andrew Bailey clash over blocked Revolut meeting – reports

Ozempic and Wegovy maker Novo Nordisk sees shares tumble on profit alert

Rachel Reeves and Andrew Bailey clash over blocked Revolut meeting – reports

P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

US consumer confidence improves modestly in July, but Americans remain uneasy about their economic futures.

Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool

IMF upgrades outlook for global economy, citing less-than-expected damage from Trump's trade wars

US job openings fell to 7.4 million last month as job market continues to cool

Colbert bitterly mocks Paramount deal with slew of pee jokes: ‘Hot, streaming content right in your face’

Apple shutters store in China for first time ever as struggles mount in second-largest market

HMRC issues warning over late tax payments due imminently

Is it better to overpay your mortgage or invest the money?

How much risk is too much risk when it comes to your money?

Surging US imports and lower tariffs to lift global growth, IMF predicts

Canal+ flags smaller line-up of films in 2025 but hails Paddington hit

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

Surging US imports and lower tariffs to lift global growth, IMF predicts

Funky Pigeon sold to Card Factory for £24m

Pension provider announces major investment in South Wales heat pump network

Games Workshop cheers record year but faces £12m US tariff hit

English cricket goes into bat with bulk of £520m Hundred windfall