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      Businesses welcome Tory pledge to restore tax-free shopping

      Kemi Badenoch discussing strategies for a stronger economy at a business conference podium, emphasizing economic growth

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      What London losing athletics to Nairobi tells us about future World Cup and Olympic bids

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coventry

  • Plans for £1bn battery gigafactory and over 1,000 new jobs revealed

    Energy

    Plans to create a £1bn 10GWh battery gigafactory in Coventry which will create over 1,000 jobs by 2030 have been revealed. Volklec, a battery manufacturing start-up which set up shop in the West Midlands city last year, has entered into an exclusive license agreement with China-based Far East Battery (FEB). The deal will see Volklec [...]

    Battery firm Volklec set up in Coventry last year.
  • Mpac Group hails profit surge as expansion strategy pays off

    Business

    Packaging automation company Mpac Group has reported a jump in revenue as “sound foundations” laid in 2023 begin to pay off. The London-listed company, which is headquartered in Coventry, saw its sales increase to £60m in the six months ending June 30, 2024, up from £52.8m in the same period last year – an increase of [...]

    Mpac saw its pre-tax profit surge to £3.3m during the first six months of 2024.
  • Amazon Coventry workers await landmark union vote result

    Tech

    A win by the GMB union would bolster their ability to address health and safety concerns at the Coventry warehouse. 

    Amazon posted quarterly revenue of $158.9bn, beating analyst predictions of $157.2bn, and a year on year rise of 11 per cent.

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  • What London losing athletics to Nairobi tells us about future World Cup and Olympic bids

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