Job losses at Memory Lane Cakes?

For 50 years Memory Lane Cakes has been based at Maes-y-Coed Road in the heart of Cardiff North, a major employer of 1,000 people in a small constituency with few big companies.

The news over the weekend that the parent company Finsbury wishes to cut 4% of its workforce has come as blow in this part of Cardiff. The fact that they are consulting the staff until the first week of January means an uncertain Christmas for workers in Cardiff who do not know how hard the axe will fall here. The lack of clarity can be of no comfort to them or their families.

Having contacted the Deputy First Minister over the weekend I am pleased that his officials responded positively by meeting with Finsbury Foods today. I hope that the Welsh Assembly Government will be able to help in the short term and also provide assistance to workers if job losses do materialise.

I am meeting with the management at Memory Lane Cakes on Wednesday to seek assurances about the handling of this consultation and to do what I can in sticking up for constituents who might not have a happy new year.

This entry was posted on Monday, December 14th, 2009 at 5:56 pm and is filed under Constituency matters. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “Job losses at Memory Lane Cakes?”

  1. valleysmam Says:
    December 14th, 2009 at 8:04 pm

    How about an employee buy out , the market is there It would save jobs and keep the products
    This is where WAG could help by providing the equity , much better than paying the dole

  2. Mike Cridland Says:
    December 15th, 2009 at 6:35 pm

    Now that is a damn good idea Mam! why not jonathan?

  3. Sarastro Says:
    December 21st, 2009 at 5:53 pm

    Um – the WAG provides equity for the employees to carry out an MBO? That sounds rather like nationalisation to me….

    The problem with that, apart from ideological ones (certainly for me, and I suspect for Mr M!) is that it will neatly prove the old adage about the road to hell being paved with good intentions. Where does one stop? Today, Memory Lane. Tomorrow – who? If I run a small business in Cardiff, that is in trouble, should I get state aid? What about Bosch? What about bmibaby? Where does one stop?