Winding-up petition puts Chamberlin’s future in doubt as shares suspended May 7, 2024 The future of specialist castings and machining group Chamberlin has been placed into serious doubt after it was issued with a winding-up petition and its shares were suspended from trading.
How to get UK space SMEs beyond the final investment frontier May 6, 2024 The UK has 2000 space SMEs but few have managed to scale. With the right incentives and regulatory environment the industry can go interstellar, says Andrew Turner Shipping in the 1700s, cars in the 1800s and aviation in the 1900s – throughout history London has been the global hub for financing era-defining technology. I believe [...]
Acquisition helps sales grow at cereal giant Weetabix May 3, 2024 The acquisition of a cereal maker on the border between England and Wales helped sales at Weetabix increase by almost 10 per cent, it has been revealed.
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.