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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Greggs announces plans to shut four UK factories that could cost 740 jobs

A Greggs sausage roll and hot drink at a branch of Greggs
The popularity of its low-cost pastries, cakes and hot drinks has led to Greggs becoming the UK’s biggest fast-food business. Photograph: Gareth Fuller/PA

Greggs has announced plans to close four of its factories, in a move that could result in 740 job losses over the next two and a half years.

The bakery chain said it was consulting on the closures, which would initially cost £60m when including disruption costs and redundancy payments but then could create £20m of savings each year by 2028.

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