Jobs lost as baker’s shuts up shop

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ALMOST 20 jobs have been lost after the collapse of Durham-based Peters Cathedral Bakers.

The firm, which trades as Peters Bakery and owns 58 shops across the region, ran into trouble earlier this month.

Today, administrators have closed three loss-making branches as they try to find a buyer for the business.

The shops in Billingham and Stockton and the Loaf-branded store in Pity Me stopped trading on Friday.

The closures mean 17 redundancies – 11 from Pity Me, two from Billingham and four from Stockton.

Administrators are continuing to run the business while talks with potential buyers continue.

The threat to more than 400 jobs at the firm, which has been trading for over 40 years, was announced earlier this month after the company hit trouble.