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Manufacturing

  • Shift from frozen to chilled food widens losses at Covent Garden Soup and Linda McCartney’s maker

    May 2, 2024

    The maker of Covent Garden Soup and Linda McCartney's vegetarian food said customers switching from frozen to chilled food hit its sales and contributed to its widening losses during its latest financial year.

  • Troubled sale of Siemens UK head office eyes second chance

    May 2, 2024

    The UK headquarters of Siemens has been put back up for sale two years after the German giant first attempted to offload the building.

  • UK manufacturing slips back into contraction amid Red Sea disruption fears

    May 1, 2024

    The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.

  • Safety equipment firm Halma acquires MK Test for £44m

    May 1, 2024

    Safety equipment company Halma has acquired electrical testing technology firm MK Test for more than £40m, it has been announced.

  • 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".

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