Things between Zurich and Greggs heat up as insurer insists on slicing bakery’s £100m covid claim to £2.5m December 14, 2021 Zurich Insurance has retaliated in a London court against a claim by bakery chain Greggs for between £50m to £100m in payouts for Covid-19 related losses, according to reports. The insurance giant told the court that its business interruption cover went up to £2.5m for a single event, according to Legal 360, which first reported [...]
Chicken bakes unavailable as Greggs affected by supply chain disruption – CityAM : CityAM August 25, 2021 Bakery chain Greggs is the latest operation to be hit by supply issues after it confirmed shortages of its popular chicken bakes. The food outlet has been affected by shortages of chicken-based products, Gregg’s confirmed to PoliticsHome. It is the latest operation to struggle with items being off the menu after chicken restaurant Nando’s was [...]
Greggs maintains positive sales trajectory despite shrinking pent-up demand June 28, 2021 Bakery chain Greggs has maintained a positive sales trajectory as restrictions ease, it said in its trading update today, with sales only slightly knocked by shrinking pent-up demand. The high street retailer last reported its trading performance on 10 May, at which point it had seen a strong recovery in sales levels following the easing [...]
Esquire Coffee owner cheers sales rise as it plots store expansion April 15, 2024 Cooks Coffee, the owner of Esquire Coffee in the UK and Ireland, said sales continued to rise in the year to March.
Greggs predicts profit to bounce back to pre-pandemic levels as restrictions lift May 10, 2021 Bakery chain Greggs this morning said profit for the year is expected to beat expectations and return to pre-pandemic levels, as long as no further Covid restrictions are implemented. The firm said sales had recovered well in recent weeks as the “stay at home” order was eased, buoyed by a lack of competition from cafes [...]
London is not a 24-hour city – and Khan needs to change that March 11, 2024 Sadiq Khan must pledge to do more to support our night time industries, making sure they thrive rather than survive.
Allianz loses appeal in Covid-19 business interruption case January 16, 2024 Allianz has lost an appeal in a major Covid-19 business interruption claim in a decision that looks set to close a chapter of major court battles linked to such disputes.
US lands on moon for first time in 52 years with spacecraft the size of a red phone box February 23, 2024 Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm UK time on Thursday.
New government must look after our most solid businesses July 11, 2024 We are not always good in this country at celebrating the most functional, and effective, of businesses; like JD Wetherspoon.
Greggs off to better start after swinging to first ever loss in 2020 March 16, 2021 Greggs said that it had made a stronger-than-expected start to 2021 after seeing sales slip back last year as a result of the coronavirus pandemic. The impact of the pandemic meant the baked goods peddler swung to a £13m loss, a huge flip from the £108m profit it made the prior year. That beat the [...]