Green’s Dictionary of Slang

1. the gutter.

1931		Eve. Standard 19 Aug. cited in Franklyn (1960).
1960		J. Franklyn Dict. of Rhy. Sl. 43/1: bread and butter The gutter. Late 19 C. origin, still in use.
1972		Dodson & Saczek Dict. of Cockney Rhy. Sl.
1983		R. Aven-Bray Ridgey-Didge Oz Jack Lang 19: Bread and Butter [...] gutter.
1998		R. Puxley Fresh Rabbit.
2000		Sun 14 July n.p.: It sounds rather Piccadilly (silly) but it looks like Mike won’t find himself in any bread and butter (gutter) in the future.

2. (Aus.) a stutter.

1983		R. Aven-Bray Ridgey-Didge Oz Jack Lang 19: Bread and Butter Stutter.
2005		P. Howard Curious Incident of the Dog in the Nightdress 282: This other little kid, has a terrible bread-and-butter.

3. an eccentric or mad person [nutter n. (1)].

1998		R. Puxley Fresh Rabbit.
2000		J.J. Connolly Layer Cake 92: I bet he’s a total bread and butter in the John-Wayne-style straightener.

4. a golf putter.

1998

R. Puxley Fresh Rabbit.