Greggs has warned it may be forced to increase its prices for the third time this year as inflation continues to soar.
The bakery chain added between 5p and 10p to the price of its products at the start of 2022, and raised prices again in May as a result of the increasing cost of ingredients.
Yet despite Greggs’ sales rising by 27% to £694.5m in the first six months of the year, pre-tax profits remained steady amid pricier food and packaging, resulting in the company anticipating declining profits.
Thanks to this, Greggs bosses have warned customers could expect prices to rise once more by an estimated 9% at the end of this year.
However, Greggs’ chief executive Roisin Currie told PA News Agency that the company has fixed prices with suppliers for the next five months, meaning the cost of its food and drink should not rise any further in that time.
Currie said: “We know the economic environment is challenging and it is tough out there for our customers, so we are doing everything we can to protect our price proposition.
“We are not immune to cost inflation but we are trying hard to mitigate against it impacting customers.”
In an attempt to claw back profits, Greggs plans on extending its opening hours, offering more menu options and launching more delivery services in order to gain more evening sales.
Though keeping prices as low as possible isn’t the only way Greggs is helping its customers during the cost of living crisis; back in May, the bakery chain launched two new school breakfast clubs that allows pupils to enjoy a nutritious morning meal for free.
The new clubs at East Ward Primary School in Bury and Castleton Primary School in Rochdale joined eighteen existing schemes running across the region.
They offer children a selection of breakfast options to enjoy before the school day, including toast, cereal, fruit, yoghurt, juice, and milk.
Lynne Hindmarch, breakfast club manager for the Greggs Foundation, said: “Through breakfast clubs such as this, we’re able to support over 46,500 children each day nationally, and new openings like these are helping us to continue heading towards reaching our target of serving 70,000 breakfasts each school day by 2025.”
Northern housing estate so rough bus drivers were forced to stop going there
The services were fully suspended over the weekend following a spate of antisocial behaviour
A northern housing estate became so plagued with anti-social behaviour that bus drivers were told to avoid stopping there.
Two bus routes through the Swarcliffe Estate in Leeds were cancelled earlier in the year after teenagers reportedly targeted the vehicles and passengers with stones and rocks.
In a social media statement, First West Yorkshire announced that the 40 and 56 services would be avoiding the estate in both directions, citing ‘attempted vandalism’.
The tweet thread read: “SERVICE UPDATE – 40/56. Due to attempted vandalism, we are diverting away from the Swarcliffe Estate in both directions.
“So sorry for any issues this may cause on your journey.
“This will be in place until the end of service this evening. This is for the safety of both our drivers and passengers. I am sorry for the disruption caused.”
In a post on Facebook, Councillor Jessica Lennox, of Cross Gates and Whinmoor ward, addressed the vandalism, confirming that the 40 and 56 buses would be diverting around the area ‘as a result of some serious vandalism that took place earlier’.
Residents have previously spoken about how they ‘live in fear’ on the estate, saying intimidating anti-social behaviour is becoming worse.
One local teenager told Leeds Live of the youths who vandalised the buses: “They throw stones and break the buses whenever they come down here. I wasn’t surprised.
“Just the other day I saw three buses stopped at the bottom of the estate because they all had glass smashed everywhere. It had gone over a nearby mum and her pram.
“If you see a big group of people anywhere around here you turn around and go the other way.”
Her grandmother added: “Stones are always thrown at buses around here as there’s nothing for the kids to do… It’s really bad where big groups gather around the Co-Op.
“My grandson lives around the corner and he’s been attacked twice. We don’t really go out at night, and would use a taxi if we did. It’s not nice for the drivers or the passengers.”
Another resident, Keith Pettman, told the outlet that the estate was suffering major issues with antisocial behaviour, saying: “There’s some youths on the estate that are a little rowdy.
“They mess about with bikes and things like all bored teenagers do but I know they get in the way of buses and people.
“There’s definitely vandals around that will smash a few things up every so often. The field also gets ripped up and recently a load of dustbins got set on fire.”
Pub chain giving away FREE pints to anyone with one of these 50 surnames
Are you on the list?
England’s World Cup campaign got off to a flying start yesterday with a convincing 6-2 win over Iran.
Our Welsh neighbours – who are also in Group B with us – managed a draw with the USA, thanks to a late Gareth Bale penalty.
But goals aren’t the only thing to celebrate this World Cup, as a pub chain is giving away FREE pints to lucky fans who have one of 50 surnames.
Greene King is dishing out a free drink to anyone who has the same surname as a player in either the England or Wales squads.
If you have one of the lucky last names, you can claim a pint on the house at any point during an England or Wales game.
All you have to do is head to a participating Greene King pub with your driving licence or passport to prove your name.
Anyone with one of these 50 surnames can claim the free pint:
All you need to do is head down to your nearest participating boozer and show the bar your photo ID during any England or Wales World Cup group stage game.
You can find the nearest pub to you taking part in the offer here.
Will Ferrell appeals for spare room in North West to watch Eurovision
Got any room for Will?
Earlier this year it was announced that Eurovision 2023 would be held in Liverpool instead of Kiev, due to the ongoing war in Ukraine.
Following the news, all hotels and accommodation in the city quickly sold out – with many establishments dramatically increasing their prices in the process.
As such, finding somewhere to stay during the annual song contest has become nigh on impossible, even if you’re a Hollywood superstar like Will Ferrell.
Will recently appealed for help in finding accommodation for next year’s Eurovision during an appearance on BBC Radio 2 to promote his new film Spirited.
The actor previously wrote and starred in the 2020 film Eurovision Song Contest: The Story of Fire Saga, playing Icelandic singer Lars Erickssong.
READ MORE: Will Ferrell’s Buddy the Elf returns to screens in new Asda Christmas advert
During the BBC interview, Zoe Ball mentioned how much she enjoyed the film, to which Will responded: “And it’s in Liverpool this year, isn’t it?”
After being asked if he wanted to go, he said: “You know my mother really wants me to take her to Eurovision, she’s dying to go and she’s always wanted to go to Liverpool.”
Will added: “But aren’t the hotels all booked now?”
After the comedian appealed for a spare room to stay in, Zoe said: “If anyone is willing to put up Will Ferrell and his mum in Liverpool or the Liverpool area during Eurovision.”
Will revealed his requirements: “We need a clean, tidy room. We’ll share a room – two bunk beds that’s all we need. I know we’re kidding but my mom would love that, she’d be thrilled.”
Eurovision 2023 will consist of two semi-finals on May 9th and 11th, before the final on May 13th.