Advertisement

Premier Foods Job Cuts

The Owner of Hovis, Premier Foods has announced plans to close its distribution site in Plymouth.

View all 4 updates ›

Premier Foods planned closures to cost £28m

Announcing plans to cut 900 jobs, including the closure of its distribution site in Plymouth, Premier Foods, the owner of Hovis said appropriate consultations with employees affected and their representatives will begin in the coming days.

The company has said the charges associated with the proposals are expected to be approximately £28 million but expects to recover that through site disposals, reduced working capital requirements and lower capital expenditure.

Read the full statement from Premier Foods.

More top news