A little old man and the little old woman live in Scotland. They have no money and nothing to eat but thin cabbage soup. When a goblin appears with a bag of flour, they think their dreams have come true. But this is not any flour... This is magic flour. The little old lady bakes a bannock, but this bannock is not any bannock. It runs away before they can eat it! They run after the bannock and, along the way, they are joined in the chase by some other people who fancy a bite of the bannock, too. But will this bannock ever be caught?