Greggs to open 150 new stores despite rising staff and energy costs

Britain's biggest bakery chain says it expects cost inflation of between 9% and 10% this year

Greggs has said higher wage and energy bills are weighing on its profits but it plans to push ahead with opening 150 new stores this year as well as trialling a 24-hour drive-through outlet.

Britain's biggest bakery chain, known for its sausage rolls and steak bakes, said costs had risen by 9% last year and would continue to be a challenge in the year ahead.