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Manufacturing

  • Virgin Atlantic buys seven new planes from ‘main dance partner’ Airbus as it targets return to profit

    July 23, 2024

    Virgin Atlantic has ordered seven new plans as it looks to complete its multibillion-dollar fleet transformation and return to the black.

  • Rolls-Royce Motor Cars: Sales accelerate to almost £1bn as global demand grows

    July 23, 2024

    Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed.

  • Rolls-Royce wins major nuclear funding boost from UK Space Agency

    July 22, 2024

    Rolls-Royce has won a major funding boost from the UK Space Agency which will help boost its bid to provide nuclear power in space.

  • ‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office

    July 22, 2024

    Demand for satellites is rapidly increasing, with a shift from a few stationary ones to thousands in low Earth orbit, where much higher speed communication is possible

  • Renold on the hunt for acquisitions after record results

    July 17, 2024

    Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.

  • Waitrose wine favourite puts vineyard up for sale

    July 12, 2024

    A British rosé producer which supplies Waitrose has been put up its business and 33-are vineyard up for sale.

  • Omega: Kitchen maker says slip into the red was ‘outside its control’

    July 11, 2024

    British kitchen maker Omega has slipped into the red following a year marred by challenges "outside the company's control", according to newly-filed documents.

  • Village Bakery: Private equity owner sells business to French bread maker

    July 10, 2024

    The private equity firm behind Village Bakery, which supplies the likes of Tesco, Aldi and Five Guys, has sold its controlling stake in the firm to a French giant.

  • John Deere’s UK profit triples as sales soar by almost £100m

    July 9, 2024

    The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.

  • Michelin nearly doubles UK profit as tyre price rises accelerate sales

    July 3, 2024

    The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.

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