High street baker Greggs said it had axed 14 stores and 200 jobs after losing patience with slow sales at its Bakers Oven shops in northern England and Scotland.
Pre-tax profits slumped 20% to £12.5m.
References: Daily Telegraph 05/08/06 page 28, The Times 05/08/06 page 46, The Guardian 05/08/06 page 26, The Independent 05/08/06 page 47
