Greggs the Baker has reported much lower profits than expected - as a result, the company's share-price took a nose-dive this morning.
The Newcastle-based sandwich chain is blaming the bleak winter for a 4.4 per cent drop in sales in the last 17 weeks.
It has triggered a fall of more than seven per cent in the company's share price.
A spokesman says they do not expect any significant improvements in the short-term.
More top news
More than £30k has been raised to help Alan Barnes, a disabled pensioner, relocate after an attempted mugging outside his house.
Over 30 airports were nominated in for Top UK airport, but a satisfaction rating of 86% saw Newcastle Airport claim the top spot.
Thousands of Stockton residents, as well one of the Borough's largest employers - Nifco, are being affected by cable thefts.