Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis February 28, 2024 Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.
Odysseus Moon lander may have tipped sideways but is ‘stable’ February 24, 2024 Lunar lander Odysseus, which became the first privately owned spacecraft to land on the Moon, is “stable” and is likely lying on its side with its head resting against a rock. Intuitive Machines’ Nova-C Odysseus lander, a private spacecraft, touched down in the Moon’s south pole region at 11.23pm UK time on Thursday. Steve Altemus, [...]
Saietta: Administration warning issued by EV tech firm once worth over £100m February 23, 2024 Electric vehicle drivetrain technology company Saietta Group has issued a warning it may need to start planning to enter administration if a sale is not agreed.
Mike Ashley’s Frasers Group significantly ups stake in model trains maker Hornby February 23, 2024 Mike Ashley's retail empire Frasers Group has significantly increased its stake in model railways manufacturer Hornby.
US lands on moon for first time in 52 years with spacecraft the size of a red phone box February 23, 2024 Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm UK time on Thursday.
Stellantis: Vauxhall and Peugeot owner to make electric vans in Luton, securing 1,500 jobs February 22, 2024 Stellantis, the owner of car brands such as Vauxhall and Peugeot, is to start manufacturing electric vans at its historic Luton plant from 2025 in a move which will safeguard around 1,500 jobs.
Luxury kitchen brand Harvey Jones in last-ditch rescue talks as administration looms February 21, 2024 Luxury kitchen company Harvey Jones is having “advanced and encouraging” talks over a possible rescue deal as it bids to avoid collapsing into administration.
Inflation and cost rises bring losses near £50m at Harringtons pet food maker February 16, 2024 A rise inflation and costs contributed to losses nearing £50m at the company behind the Harringtons pet food brand during its latest financial year, it has been revealed.
Kwik Fit sheds 200 jobs as profits slashed on rising product and energy costs February 15, 2024 Kwik Fit shed more than 200 jobs as its profits almost halved after being hit by higher product and energy costs during its latest financial year.
Kellogg’s puts 360 UK jobs at risk with plans to close factory February 8, 2024 Kellogg's has put hundreds of UK jobs at risk after revealing plans to close one of its major factories.