Cost of living: Greggs refuses to rule out more price rises as cost pressures become 'more significant'

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Cost of living: Greggs refuses to rule out more price rises as cost pressures become 'more significant'
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Greggs says cost pressures have become 'more significant' and refuses to rule out more price rises for customers

Please use Chrome browser for a more accessible video playerPresident Putin's war has sent oil prices to their highest level in 14 years and seen natural gas costs hit all-time highs.

Mr Whiteside explained that the company was expecting cost inflation between 6-7% this year - chiefly from the rising cost of raw materials, energy and staff wages. It revealed a total ordinary dividend of 57p a share plus a special dividend of 40p a share and said that staff would share £16.6m as a bonus.Ross Hindle, analyst at Third Bridge, said:"Overall, the UK food-to-go market remains depressed with commuter footfall stubbornly below pre-COVID levels.

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