Mortons owner reveals ‘seven-figure' investment to secure firm's future.

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The new owners of an iconic Glasgow bakery say they have pumped a seven-figure sum into the firm since rescuing it from liquidation.

THE new owners of iconic Glasgow bakery Mortons say they have pumped a seven-figure sum into the firm since rescuing it from liquidation.

They managed to save around 110 posts but those who lost their positions have been left embroiled in a battle for their redundancy cash, with many thousands of pounds out of pocket. Mr McIlvogue said: “Since we got involved with Mortons Rolls a few months ago, a seven-figure sum has been invested into improving the infrastructure of the factory, paying bills and meeting running costs to getting everything properly up and running.

 

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