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Business · 1 hour ago

Greggs closing four UK factories in plans risking 740 jobs

Greggs closing four UK factories in plans risking 740 jobs

The bakery chain plans to shut sites in Enfield, Penrith, Kelso and Seaham over the next two and a half years to cut costs. Greggs said the move will cost £60m initially but save £20m annually by 2028 as it handles rising wage and energy pressures. The firm announced the consultation on Wednesday alongside stronger third-quarter sales growth of 7.7%.

Reported by The Guardian · How we write briefs

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