Greggs shares POP after opening in Tenerife, DEFYING traders

One of the most shorted stocks on the FTSE, Greggs, saw its shares rise after a trading update in which the chain announced it was opening a bakery in Tenerife. Chief Reporter Ali Lyon has the story. Meanwhile more British travellers are seeking refuge in airport lounges as they jet off on summer holiday - the CEO of Collinson International which operates those lounges joins us to explain how they plan to keep them premium. Plus: Sports Editor, Frank Dalleres has the latest on Gianni Infantino's talks to sell off part of the World Cup. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam