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Greggs reports pasty tax boost Friday, 6th July 2012
Images courtesy of Greggs
The infamous ‘pasty tax’ which once threatened to eat into Greggs’ profit margins has had the opposite effect, according to Reuters.
The well-publicised tax boosted awareness of the UK’s largest food-on-the-go retailer, according to CEO Ken McMeikan.
Greggs now plans to open a further 90 stores throughout the UK in 2012-13.
The business was recently valued at £511 million.