I read with interest this week how Greggs, the UK’s largest bakery chain, has reported a drop in profits in the first half, and was blaming wet weather for a fall in like-for-like sales. The company’s pre-tax profit for the six months to the end of June was £16.5m, down from the £17.3m posted a year earlier. Revenue was up almost 5% at £350m. They warned of “challenging” trading for the rest of the year.
You cannot fail to be impressed with the organisation and success of the London 2012 Olympic Games. With Team GB hoping to surpass the tally of 19 Gold Medals won in Beijing, their dedication and sportsmanship is an inspiration to us all.