UK rocket startup looks to scale up with fresh space and tech duo January 8, 2024 UK rocket startup Orbex has announced a fresh leadership duo as it gears up to launch one of the first rockets from Britain.
UK manufacturing bullish about competitiveness as firms move past EU rivals January 8, 2024 A survey of more than 200 senior manufacturing executives by Make UK and PwC found that after a difficult few years through the pandemic and rising energy prices, there are optimistic signs.
UK’s new car market leaves pandemic in the past with 18 per cent growth in 2023 January 5, 2024 The number of new car registrations in the UK grew by nearly 18 per cent in 2023, as automakers emerged from Covid-era supply chain issues.
UK manufacturing downturn deepens as optimism drops to lowest level in a year January 2, 2024 The UK's manufacturing sector fell deeper into contraction in December, while business optimism fell to its lowest level in a year.
New car market closes in on pre-pandemic levels but EV sales slow ahead of post-Brexit tariffs December 5, 2023 The new car market rose 9.5 per cent last month, marking the best November in four years and close to pre-pandemic levels.
Nearly £40m raised by London and Cambridge autotech companies November 28, 2023 Two British autotech companies, Physicsx and Secondmind, have secured close to £40m in combined investment.
Alarm over economy ‘slowing swiftly’ with manufacturing deteriorating to 2021 low November 22, 2023 Order books for manufacturing firms fell to their weakest level since early 2021, dampening hopes of a recovery in the sector.
British manufacturing sector gets £4.5bn shot in the arm from Jeremy Hunt November 17, 2023 Funding was announced by chancellor Jeremy Hunt this evening, ahead of the much-vaunted Autumn statement next Wednesday, which is likely to focus on productivity in the workforce.
War keeps BAE flying high as military orders flow November 13, 2023 BAE Systems has maintained its bumped-up annual earnings guidance as geopolitical tension keeps demand for military kits soaring.
Ferrari profits speed ahead as wealthy buyers splash out to personalise supercars November 2, 2023 Ferrari raised its earnings forecast on Thursday after profits surged on wealthy consumers paying out to personalise their supercars.