Mortons Rolls has announced it will resume production this Sunday after being plucked from administration by a group of angel investors.
The Glasgow-based bakery, renowned for its morning rolls and "We built this city" slogan, is asking 110 workers to immediately come back to work at its base in Drumchapel. A total of 230 people lost their jobs when the company folded on March 7, prompting a scramble to find new investment.
The company says that it had struggled with financial difficulties, the Covid pandemic, the rise in energy prices and "contractual obligations to large supermarkets". Investment consortium PVL has announced it has taken the reins at the company, and says it is "confident" it can reverse the company's ailing fortunes.
