The bakery chain's company value has been wiped off by an IT glitch

Greggs share price on the London Stock Exchange slipped by 1.3 per cent or 36 points from 2,830 at the previous close yesterday to 2,794 by 1pm this afternoon. The bakery chain's company value was wiped off by a £40million IT glitch.

Staff to share £17.6m bonus pot as bakery chain makes bumper profits. 25,000 workers will get a share of the windfall in their pay packets at the end of March. High street bakery giant racked up 27% increase in annual profits over last year.