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Story summary
- Greggs will close four manufacturing sites and cut about 740 jobs over the next two-and-a-half years.
- The closures affect factories in Enfield, North Lakes (Penrith), Pettigrews and Seaham.
- Enfield will remain a distribution hub after the manufacturing shutdowns.
- The programme costs about £60 million, including £40 million capital spend and redundancy payments.
- Greggs expects annual pre-tax savings of roughly £20 million in the 2028 and 2029 financial years.
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