Greggs suffering in the rain

Performance from sausage roll snack king Greggs in the first half of the year was decidedly soggy, with the group apportioning some of the blame on record levels of rainfall in the second quarter of the year.

Performance from sausage roll snack king Greggs in the first half of the year was decidedly soggy, with the group apportioning some of the blame on record levels of rainfall in the second quarter of the year.

The chain, which benefited from huge globs of free publicity at the time of the so-called "pastygate" tax controversy, saw profits and like-for-like sales fall in the six months to the end of June but its tie up with retailer Iceland Foods is reaping rewards.

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