Bayne’s the Family Bakers has outlined a long-term growth plan that includes doubling its retail estate and investing £11 million in the business over the next five to eight years. The strategy follows a record financial year, with turnover reaching £51.2 million for the year ending 31 March 2025.
The growth plan builds on more than 70 years of trading and centres on a major expansion of the Orwell Bakery hub in Lochore. This investment will support the opening of three to four new shops each year and aims to secure the business’s place on Scottish high streets for the long term.
John Bayne, Joint Managing Director, Bayne’s the Family Bakers, said:
“Our plans represent a long-term investment in the future of Bayne’s as a family business. Over the next five to eight years, we intend to invest around £11 million in a way that is responsible, sustainable, and firmly focused on the long term.
“This is about growing carefully, reinvesting in our communities, and continuing to create local employment where Bayne’s has been part of the fabric of daily life for generations.”
During the year, turnover rose by 15.3 per cent to £51,292,521. The business faced higher costs linked to ingredients, wages, and energy. Despite these pressures, profit before tax remained stable, allowing the company to plan for continued reinvestment.
Bayne’s has also continued to invest in shop refurbishments and product development. Employee numbers increased to 963 during the year. Total staff pay reached £22.4 million in 2025, reflecting ongoing investment in jobs and skills across local communities.
John Bayne added:
“We are committed to continually improving quality and driving thoughtful product innovation, ensuring everything we make reflects the care, skill, and integrity that customers expect from Bayne’s.
“Our people are the backbone of the business, and looking after them — through training, development, and creating a supportive working environment — is fundamental to our plans for the future. Sustainable growth can only be achieved by investing in the skills, wellbeing, and progression of the teams who make Bayne’s what it is.”
Alongside growth, the business continues to focus on environmental and social responsibility. Bayne’s reduced its carbon intensity ratio from 56.7 to 51.9 tonnes of CO2 per £1 million of turnover. The company also supports community initiatives through partnerships with the Trussell Trust and The Bayne’s Charitable Trust.
More information about Bayne’s the Family Bakers is available at baynes.co.uk.