Particle.news

Download on the App Store

Greggs Raises Prices Again After Summer Slowdown and Cost Pressures

The bakery says a £20m rise in wage and national insurance costs leaves it little choice but to pass on some costs.

Overview

  • From Thursday, the two-part breakfast deal rises to £3.15 and the three-part deal to £4.15, with select baked goods up 5p, while the sausage roll stays at £1.30.
  • Greggs reported Q3 sales up 6.1% year on year, with like-for-like growth in company-managed shops around 1.5% after a hot July dented trade before recovery in August and September.
  • Chief executive Roisin Currie cited higher minimum wage and a surprise increase in employer national insurance as adding about £20m to the wage bill and called for no shocks in the autumn Budget.
  • The company has opened 57 net shops so far in 2025 and now guides to roughly 120 net openings for the year, continuing expansion through supermarket tie-ups and travel hubs.
  • Shares jumped about 7–8% after the update as investors noted improving trading momentum and a marginally better cost inflation outlook, though analysts flagged slower like-for-like growth.