Bakery chain Greggs posts first loss since 1984 as pandemic hits sales – business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. British baker and fast food retailer Greggs has underlined the impact of Covid-19 on the UK high street this morning, by reporting its first ever loss as a listed company. Greggs, well-known for its steak bakes, sausage rolls and recent vegan offerings, made a pre-tax loss of £13.7 million for 2020. That’s down on a pre-tax profit of £108m in 2019.

 

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Can’t believe this headline davebingham39 with how much you send their way!

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Interesting, in Australia bakery sales went up 84% through the pandemic and our lockdowns

Oh Good. People are not eating animal lard laden cheap gunk.

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As vegans pull chain in to disrepute. 😱

GreggsOfficial an incredible opportunity to bring back the Meat&Potato pies - your true saviour!

Go into your local Greggs and see why. Trays of baked goods going cold, not reduced and therefore binned. Try cooking less, producing less waste and why not reduce all unsold goods later in the day? Supermarkets do exactly that?

PhiaStancer we’ve let Greg’s down

No offass workers

The pandemic does not hit the sales. The politicians have hit the sales. With their neverending lockdowns.

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