Greggs up as it plans trading resumption

Shares in FTSE 250 bakery chain Greggs (LON:GRG) rose by 6.79% to 1,764.15p (as of 14:30 BST) after it outlined plans for reopening stores. The company said that it had been trialling new operational procedures in certain branches since May and would be expanding this programme with a view to fully reopening in early July.

CEO Roger Whiteside commented: “Looking forward, although great uncertainty remains, we are excited to be resuming our service for many customers this week. We are confident of our ability to adapt to market conditions in the short term while continuing to invest in the long-term growth of our business. I want to thank all of our 25,000 colleagues for their support in getting us to this point“.