Greggs has warned that its prices are likely to increase for the second time this year as it continues to struggle with cost hikes.
Despite the bakery chain already increasing some of its prices at the start of this year, it has announced that it further changes are expected, saying the ‘cost of doing business’ is expected to rise between 6% and 7% due to higher staffing and ingredient costs.
However, Greggs has stressed that it will try to protect its reputation for being ‘outstanding value for money’.
A Greggs spokesperson said: “This has necessitated some price increases, which were made at the start of this year, and further changes are expected to be necessary.
“As ever, we will work to mitigate the impact of this on customers, protecting Greggs’ reputation for exceptional value in the freshly-prepared food-to-go market.
“Given this dynamic, we do not currently expect material profit progression in the year ahead.”
The bakery’s chief executive Roger Whiteside has confirmed that the company will be assessing whether it is able to change prices before it does, saying it ultimately comes down to ensuring that customers will still choose to spend money at Greggs even if prices go up.
He said: “We’ve got no plans to raise prices currently, but obviously that’s going to have to remain under review given the way the markets are moving around the world on commodity food prices in particular.
“If the market allows price increases to move onto customers, then we will have to attempt to do that, if it doesn’t then we won’t be able to. You’re trying to position price to make sure you maximise sales.”
Whiteside added that, while the business has no direct link to Russia’s invasion of Ukraine, the situation has triggered global price rises.
Russia and Ukraine supply around a third of the world’s wheat exports, with Ukraine being a major supplier of sunflower oil.
Russia’s invasion has also brought with it a huge rise in gas prices, with petrol prices across the UK and the rest of the world hitting record highs.
NEW OPENING: The bakery serving school dinner cakes and cookie dough tubs
This all looks incredible!
Dedicated dessert cafe Little Blonde Bakes has opened a brand-new site in the former Lazy Tony’s site on Radium Street in Ancoats.
The bakery began life back in 2016 and has since gained a huge cult following – they’re now moving from an at home business to a fully fledged takeout venue.
Serving nostalgic bakes and a huge menu of indulgent sweet treats, you’ll find old-school cake and custard, millionaire’s crepes, milkshakes, ice cream sundaes and more.
Already famous for its mammoth portion sizes, Little Blonde Bakes will also offer bespoke cakes and cookie dough tubs, which come in a variety of flavours.
For now, the bakery is operating as a takeout and collection spot only, and it’s open Thursday to Sunday.
Those with a sweet tooth will be able to order through Uber Eats for their bakes to be delivered straight to their door, or just take a short walk to Radium Street in the heart of Ancoats.
As well as its massive range of milkshakes, brownies, cookie dough and crepes, Little Blonde Bakes will also curb any nostalgic cravings, as the bakery also serves a range of school dinner cake with custard that provides the ultimate winter warmer – including mint custard!
Little Blonde Bakes is now open – find more info and place an order here.
Baileys launches boozy hot chocolate bombes in time for Christmas
How good do these look?
It’s not officially Christmas until the bottle of Baileys has been opened, is it?
It’s a festive favourite, so what better way to enjoy it than in an incredible boozy hot chocolate while you wait for Santa to climb down the chimney.
Well now you can, as Baileys has relaunched its hot chocolate bombes in time for Christmas.
The hot chocolate bombes were a hit last year, so much so that Baileys has decided to bring them back again for 2022.
They consist of an outer shell made from velvety dark chocolate and flavoured with Baileys, and are stuffed full of fluffy mini marshmallows.
To activate the bombes, simply pour hot milk over them until they dissolve into creamy hot chocolate.
Baileys teased on its website: “Who fancies something really special? And we mean, REALLY special.
“Enjoy two of the greatest indulgences… chocolate and Baileys, in one decadent drink. Welcome to hot choccie heaven!”
You can get yourself a 130g box on Amazon, so make sure you don’t miss out!
Spanish tapas restaurant in a cave reveals stunning new look after refurb
This looks stunning!
If you’ve ever fancied enjoying some incredible tapas in a cave then we’ve got just the place for you to explore.
La Cueva is an iconic ‘cave-like’ restaurant in Cheadle’s Old Rectory Gardens, and it’s just reopened after an extensive refurbishment which saw the venue double in size.
The authentic Spanish tapas bar has been in the heart of Cheadle for years, gaining cult status for its incredible salt cave interior, which features cascading walls and ceilings filled with pink Himalayan salt lamps.
However, it’s not just the interior that entices customers back for more – La Cueva’s mouthwatering menu of traditionally prepared tapas is all made fresh in house.
The diverse range of dishes hail from all regions of Spain, and includes Empanadas – oven baked pastry filled with minced lamb, beef, bell peppers, onion, garlic and olives – and special imported Chorizo.
Also on the menu is Pollo Alla Crema, a chicken breast cooked in cream with smoked cheese, roasted garlic and parsley.
You can also get Gambas Pil Pil, king prawn tails sautéed in olive oil, garlic, fresh chilli and tomato sauce, and Guso De Mariscos, which is mixed seafood stewed in rich tomato sauce with garlic and aromatic herbs.
And if you just fancy an afternoon drink, La Cueva’s Cava Sangria is something special – it’s all made fresh in-house and is bursting with fruity flavour.
Since the renovation, the restaurant has also acquired a van that it will use to serve paella from, as well as for future event planning, festivals and private hire events.
La Cueva is open Monday to Friday, 5pm-10pm, and Saturday to Sunday 4pm-10pm – get yourself booked in here.