William Sword Bakery: Employees Take the Reins
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
William Sword Bakery, a North Lanarkshire institution since 1894, has made history by becoming the first family-owned business in the UK to be fully employee-owned. The Sword family, who have run the bakery for over four decades, have stepped back into consultancy roles, handing control to their eighty-five employees. This shift, to an Employee Ownership Trust, empowers workers like Linda McCullough, giving them a voice in decisions that impact their jobs and the bakerys future. New managing director Alexander Gordon and finance controller Caitlin Stevenson are now at the helm, praising the founders for setting up this legacy and highlighting the role of staff loyalty in making it all possible. This move secures jobs, boosts morale, and sets the bakery up for fresh success under employee hands, demonstrating that family values can evolve smart.
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