Inflationary pressures reducing, says Greggs, as Sainsbury’s reports rise in…

Show key events only Please turn on JavaScript to use this feature Live feed From 5m ago 02.47 EST Introduction: Greggs sees inflation pressures reducing; Sainsbury's sales rise Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. UK bakery chain Greggs has declared that inflation pressures are “reducing”, as it reports a strong rise in sales last year. Greggs , which sells steak bakes, sausage rolls, doughnuts, wraps and breakfast rolls, has posted like-for-like sales of 13.7% for the last year. Total sales jumped almost 20% to £1.8bn, boosted by a flurry of store openings – a…