THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Greggs launches £100m legal claim for Covid pay out against insurer Zurich

Greggs has reportedly launched a £100m legal claim against Swiss insurer Zurich Insurance Group. According to The Sunday Times, the London-listed baker believes it is due… View Article

FOOD AND DRINK NEWS UK

Greggs launches £100m legal claim for Covid pay out against insurer Zurich

Greggs has reportedly launched a £100m legal claim against Swiss insurer Zurich Insurance Group.

According to The Sunday Times, the London-listed baker believes it is due the payment to cover business interruption costs and expenses incurred when its stores were forced to close during lockdown.

The chain, which has around 2,000 shops across the UK, is seeking £100m or at least £50m, it was reported.

However, Zurich believes it is due just £2.5m, The Sunday Times said, citing filings lodged in the High Court last week.

Greggs has so far declined to comment. In a statement, Zurich told the newspaper it was “confident we have responded to this claim fairly and consistently in line with the test case last summer”.

Subscribe For Retail News