EMCC European Monitoring Centre on Change

Rathbones Bakeries

Company/Organisation:
Rathbones Bakeries

Geographic Location

Country: United Kingdom

Company

Sector: Manufacturing
Manufacture of food products, beverages and tobacco products
10 - Manufacture of food products
Number Employed: 1550

Employment Effects

Announcement Date: 04-04-2005
Planned Job Reductions min: 1550
Planned Job Reductions max: 1550
Type of Restructuring: Bankruptcy/Closure

Additional Information

A bakery group with 1,550 employees went into administration yesterday after failing to overcome tough trading conditions and a fire at one of its factories. Rathbones Bakeries, which had sales of £100 million in 2004 and supplies Tesco and Morrisons, suffered the blaze at Carlisle in February 2005. Rathbones, which also features Harvestime and Fresha Bakeries, employs 444 staff at its Walsall head office, with another 409 at Leicester and the remainder at Peterborough, Carlisle, Wigan, Wakefield and Middlesbrough. As well as difficult trading conditions, Rathbones' Carlisle site was gutted in a fire that cost it millions of pounds. About 185 people worked at the factory. In May 2005, Morrisons decided to take on part of the bakery operation saving up to 400 jobs.