Greggs warns of sausage roll price hike as Ukraine war hits ingredient costs

Bakery chain Greggs has warned that it could be forced to raise its prices in stores as its own costs increase.

The Russian invasion of Ukraine threatens to increase the cost of raw ingredients, while the rising cost of fuel hikes the cost of transporting these.

Greggs was betting on price rises of 5% this year, but is now increasing that due to the conflict hitting its bottom line.