High street bakery giant Greggs has confirmed plans are now in place to ensure it is kept afloat during the coronavirus pandemic.
Stores shut after lockdown was announced, leaving fans of its sausage rolls and steak bakes devastated. Now the company has said that it believes it now has enough credit available to keep it afloat in a scenario where its shops are forced to stay shut for the rest of the year, reports Chronicle Live.
It said the funding from the Covid Corporate Financing Facility (CCFF) scheme is sufficient for its current liquidity needs, although it is understood that the company may be able to withdraw more funds and is also talking to its banks.
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