Greggs has refused to rule out that its prices will rise in the wake of inflation and due to rising cost pressures.
The cost of sausage rolls, steak bakes, and Yum Yums could soon be hiked after the much-loved bakery chain – which has hundreds of branches across the city centre, and throughout the Greater Manchester region – explained that its profit growth will be squeezed this year and used the publication of its annual results for 2021 to limit the expectations of both customers and investors.
2021 was a record profit year for Greggs after the previous year was greatly impacted by the COVID-19 pandemic.
But CEO Roger Whiteside has now said that while like-for-like sales growth during the first nine weeks of 2022 were 3.7% ahead of 2020 levels, he warned that the outlook for many commodity costs still “remains uncertain”.
“We have started 2022 well, helped by the easing of restrictions,” Mr Whiteside said.
“But cost pressures are currently more significant than our initial expectations and, as ever, we will work to mitigate the impact of this on customers, however given this dynamic, we do not currently expect material profit progression in the year ahead.”
Greggs has refused to rule out that its prices will rise further in 2022 / Credit: Greggs
Greggs says it’s expecting an overall cost inflation of 6% to 7% this year, which is mainly from raw materials, energy, and staff wages.
Because of this expectation, this has prompted the company to put up some prices at the start of this year – with a spokesperson confirming Greggs had raised its prices by a “few pennies”, adding 5p to the price of some products – and further changes are “expected to be necessary”.
Mr Whitehouse not only pointed to the fact that commodity pricing was already rising at the back end of 2021 as the world started to move out of pandemic, but now, Russia’s invasion of Ukraine has exacerbated the situation even further, as both countries are huge producers of commodities such as wheat, corn, and sunflower oil.
The nationwide bakery chain says it’s expecting an overall cost inflation of 6% to 7% this year / Credit: Greggs
It’s understood, however, that if Greggs does raises prices further this year, the company would still be looking to remain competitive.
Although Greggs is at this moment unable to confirm if prices will rise further in the future, and whether customers will have to fork out more for their bacon butty in the morning, Mr Whiteside has said there were no current plans for fresh increases, adding: “We’re going to have to keep it under review in the balance of the year.”
“[We’ll] see how the market develops,” he concluded.
Manchester City sign record-breaking deal to extend Puma kit partnership for another DECADE
Danny Jones
Manchester City have officially signed a long-term extension with global sports brand Puma to continue making their kits for at least another decade in what has been reported as a record-breaking sponsorship deal.
The eight-time Premier League champions brought on Puma as their primary kit manufacturers six years ago, and the pair have been together during the most successful period in the club’s history.
Boasting a Treble, Champions League, FIFA Club World Cup and four consecutive league titles to their name throughout this time, it’s pretty much been a perfect marriage, so neither City nor Puma were likely to part ways anytime soon.
With that in mind, the collaboration has been extended by another decade in a deal reported to be worth a potential £1 billion – the same figure that made up the total prize pot for this year’s Club World Cup.
Not that we’re assuming you’re terrible at maths, but to put this into context further, this extension is worth a whopping £100 million a year, making it comfortably the most lucrative kit partnership in Premier League history.
The initial contract between Man City and the sportswear giants was worth £65 million (also spanning 10 years) back in 2019, but the prolific and highly profitable spell that has followed has led to this extension being welcomed by both parties.
Writing in a press release, the club said: “Commercially, Manchester City and PUMA have set new club sales global records, in addition to co-creating iconic, best-selling kits such as the 2022/23 Colin Bell-inspired home shirt worn during the Treble-winning season.
“PUMA and Manchester City have introduced industry-leading innovations both in terms of product and marketing campaigns over the past seasons.”
Citing crossovers with Puma subsidiary, stitchd, and brand activations such as the AI kit design competition for the 26/27 campaign, they insisted that their work together thus far has “delivered breakthrough innovation, cultural moments and commercial success, both on and off the pitch.”
#ManCity’s kit deal extension with Puma could eventually be worth £1 BILLION, with the agreement now running until at least 2034/35 and valued at £100M a season – making it the highest in Premier League history.
The club went on to add that, “This is a partnership built on shared values: performance, creativity, innovation, community and sustainability.”
Meanwhile, CFG (City Football Group) CEO Ferran Soriano, said of the fresh announcement: “We joined forces with PUMA with the ambition to challenge ourselves and go beyond the expectations. We have achieved this and more over the last six seasons.
“PUMA have seamlessly integrated into our organisation, and we’ve enjoyed many historic moments together, engaging fans globally. Today’s renewal and extension solidifies our relationship and projects it to an even brighter future.”
How would you rate Man City’s Puma shirt designs up till now out of 10, Blues?
Featured Images — Press shots (via PUMA/Manchester City)
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Some of best Oasis-themed offers, deals and specials happening in Manchester right now
Danny Jones
Now, just in case you weren’t getting enough Oasis stuffed down your throat this month, their homecoming reunion gigs have seen a flurry of Britpop-themed deals, offers, event day specials and promotions spring up all over Greater Manchester.
You can move for ‘Champagne Supernova’ puns, lookalikes, lasagne and all the rest of it.
However, while there are simply too many for us to keep track of, let alone list in full, there are some pretty good ones here in the city centre that have caught our attention.
Let’s get cracking then, shall we? Here are just 10 of the best Oasis-related deals and offers we’ve seen in central Manchester so far.
10 top Oasis-related deals in Manchester city centre
Once again, this is by no means a comprehensive list, but let’s get stuck in:
1. The Liquor Store is hosting Oasis parties, plus travel to Heaton Park
First off, we can’t start anywhere else than the music-loving bar that’s hosting some of the biggest pre- and post-Oasis parties in Manchester, not to mention offering coach travel to the concerts themselves: The Liqour Store.
Having popped our heads in on opening day to see what it was like, we can confirm the tunes were turned up to 11, the rays were beaming down on the Manc gig-goers, and let’s just say that their atmosphere is a woman, ‘She’s Electric.’
2. Diecast are also hosting big Britpop pre-drinks
They are, of course, not even close to being the only ones hosting special pre-drinks and after parties for the Heaton Park homecoming, and another one that caught our eye was the even bigger suntrap and beer hall over at Diecast.
Not only are they doing a ‘Champagne Supernova’ bottomless brunch for just £35 per person, which includes bottomless pizza with endless Prosecco, frozen daiquiris and lager for up to 90 mins, but the Britpop tunes will be pumping non-stop.
A simple but satisfying one next; how does a pretty mint Mexican meal deal sound? Liam Gallagher might not speak Spanish, but we know a little and all we have to say is this: ‘Si, por favor’.
It might sound daft compared to just a few short years ago, but barring a basic meal deal, it can sometimes be genuinely hard to find a really good, filling, properly tasty and affordable lunch offering in the city these days, but with a jam-packed burritos and pack of tortillas, Zambrero’s isn’t bad.
Don’t mind if we do.Hat not included. Gutting, we know.Credit: The Manc Group/Zambrero (press shot)
4. An Oasis x Deliveroo fork helps ‘keep things fresh’
Now, this is undoubtedly the most random and ridiculous, not to mention the funniest on the list. Deliveroo are celebrating quite possibly one of the most hilarious things that both Noel and, more importantly, Liam have ever said. Yes, EVER.
In order to get your hands on a limited-edition and strictly decorative fork, all you have to do is order a pint of milk using Deliveroo HOP, and you could be in with a chance of getting your hands on a very humorous collectors’ item. If you know, you know – but if you don’t, well…
Still cracks us up every time…
5. 15% off Hello Oriental for Oasis fans
We’re at the halfway point now and getting peckish once again, so it’s a good job that Hello Oriental don’t just lend the first part of their name to the Live ’25 reunion tour setlist opener but are also offering a pretty decent discount on food for Oasis fans.
For those gig-goers heading to Heaton Park for one of the three remaining Manc dates this month, you can get 15% off your bill when presenting your concert ticket. That’s your pre-show scran sorted then.
There are multiple kitchens inside the subterranean food hallSpice bagCredit: The Manc Eats
6. Complimentary bucket hats with your meal at Tampopo
From one Asian food favourite to another, if you head to Albert Square instead of Circle, you’ll be happy to know that Manchester-founded Tampopo know how big a deal it is to the Burnage boys home.
With that in mind, anyone who spends more than £20 at any of their Greater MCR locations will receive a free Tampopo x Oasis bucket hat. Say no more.
🎸🍜 What do Tampopo & Oasis have in common? We both kicked off in 90s Manchester! To celebrate Oasis coming home, spend £20+ at Tampopo & get a FREE bucket hat!
As we come to the business now, we do realise that plenty of us are still without tickets, and while we completely understand your pain, we can’t help you with spares or anything like that.
However, what we can do is point you in the direction of Printworks, who are hosting a free Oasis karaoke event for all those of you still hoping to cry your hearts to, well, ‘Stop Crying Your Heart Out’ and all the other bangers. Find out more down below.
Since it’s absolutely sizzling at the moment, we’d be remiss if we didn’t mention the pre-Oasis BBQ Britpop brunch (say that three times fast) that’s taking place at cult favourite Fairfield Social Club.
Not only will there big set of classic indie tracks from local legends Clint Boon and Dave Haslam, but if you pre-book, you can even get your hands on their ‘Champagne Super Saver’ deal – see, told you there was loads of them – which will score you BBQ meats and beer for a tenner.
Our penultimate pick is a bit of a different one and not one we expected, we’ll admit, but it may just get you zipping over to Heaton Park faster than you can name the most overplayed Oasis song of all time.
Yes, for anyone with a ticket for one of the Heaton Park shows, you can secure 20% off a trip to Zip World Manchester, which you’ll find in the very same place as the sea of Manc gig-goers this summer.
10. A special buy one get one free at Malmaison Deansgate
Last but not least, if the sun and the festival season vibes have you thinking ‘give me gin and tonic’, you’ll be glad to hear that a city centre hotel and bar is currently offering buy one, get one free on the classic summery drink to celebrate the Oasis fans flooding into Manchester.
We’ve seen them handing out the vouchers on the front doorstep all day, and with plenty of people staying over for the shows – not to mention making use of the main restaurant and stylish rooftop spot, Sora – enough footfall almost guarantees them keeping it up for every single date.
Malmaison has one of the most simple but effective Oasis deals in Manchester, for our money.BOGOFCredit:The Manc
Have you seen others? Let us and the good people of Greater Manchester know down in the comments.