date:Aug 01, 2012
aked goods to businesses and industrial estates (transferring 10 employees).
However, the remaining 34 Peters Bakery stores have ceased trading, resulting in 149 redundancies. Four staff in the distribution operation and two at head office have also been made redundant.
Mark Firmin, regional head of restructuring at KPMG, said:We undertook negotiations with several interested parties and this deal represents the best outcome for both the creditors and the employees of the company.
It means th