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Manufacturing

  • Hankook: Brits buying worse tyres because of cost of living crisis

    April 30, 2024

    The UK arm of global tyre giant Hankook has warned drivers are turning to lower quality products as they battle the cost of living crisis.

  • Sensodyne maker Haleon to cut over 400 jobs and close its only UK factory

    April 30, 2024

    The maker of Sensodyne toothpaste and Advil painkillers has announced plans to close its only UK factory which will see the loss of more than 400 jobs.

  • Senior: Demand fuels growth in aerospace business

    April 26, 2024

    Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.

  • Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance

    April 24, 2024

    Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.

  • The AA: Rising insurance premiums help revenue surge but profits slashed

    April 24, 2024

    Rising insurance premiums helped revenue at The AA surge to almost £1.3bn but a slowdown in its breakdown service saw profits slashed by more than 40 per cent.

  • Cosworth hails record revenue at former Formula One engine supplier

    April 24, 2024

    Former F1 engine supplier Cosworth achieved a record revenue of £100m during 2023 "despite challenging market and supply chain conditions".

  • Butcher’s dog food maker significantly cuts losses as sales surge

    April 22, 2024

    The family-owned pet food business behind brands such as Butcher's significantly cut its losses during its latest financial year, it has been revealed.

  • Bosch sales driven up by new car market’s resurgence despite hit to consumer goods

    April 19, 2024

    Bosch is eyeing a further increase in sales during 2024 despite the global technology giant warning it is not expecting a marked improvement in the UK economy.

  • UK firms to invest £338bn on re-industrialisation in next three years, research shows

    April 18, 2024

    Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.

  • Chill Brands: Largest shareholder in vape and CBD products-maker seeks to oust executives

    April 17, 2024

    Vape and CBD products manufacturer Chill Brands Group has said it is "deeply concerned" after its largest single shareholder launched a bid to oust two senior directors.

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