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      Rampant inflation could land Healey with £35bn bill, IFS warns

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Manufacturing

  • Senior shrugs off pandemic blip to deliver strong 2023 results

    March 4, 2024

    Senior PLC’s Flexonics and Aerospace divisions helped it to a strong performance last year, with profit, revenue and earnings per share all up substantially on 2022.

  • Pukka Pies: New products help sales and profits rise

    March 4, 2024

    New products helped sales and profits rise at Pukka Pies during its latest financial year, according to newly-filed accounts.

  • 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.

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