Green’s Dictionary of Slang

maggy ann n.

also maggie ryan, maggy anne
[pron.]

(orig. milit.) margarine.

[UK]I. & P. Opie Lore and Lang. of Schoolchildren (1977) 183: Margarine or ‘marge’ is ‘Maggy Anne’.
[Ire]E. Mac Thomáis Janey Mack, Me Shirt is Black 109: Pat sold everything from bread, Maggie Ryan, butter, [...] candles and pot herbs.
[UK](con. 1910s) W. Woodruff Road to Nab End (2003) 39: Porridge was followed by chunks of home-made bread, covered with Maggy Ann.