One of the North East's biggest businesses have announced a shock profits warning today, causing a marked drop in its share value - and raising more fears about the pace of the country's economic recovery.
Greggs the Bakers blames bad weather on a drop in like-for- like sales for the first four months of the year.
The company has warned it now expects profits for the whole year to be lower than first forecast.
More top news
Schoolchildren in Newcastle have unearthed a time capsule in the grounds of Newcastle Civic centre from way back in 1994!
A look ahead at the forecast for the Tyne Tees region.
Read Martyn McFadden's thoughts on the Black Cat's game against Crystal Palace.