Lunaz: Creditors to lose almost £20m after collapse of David Beckham-backed electric vehicle company Administration Creditors in Lunaz, the electric vehicle company backed by David Beckham, are set to lose out on almost £20m after the business entered administration.
Yorkshire Tea owner brews up record sales Manufacturing The owner of Yorkshire Tea brewed up sales of almost £300m during its latest financial year, newly-released documents have confirmed.
Maker of crisps brand Seabrook brings forward investment plans after profits almost double Manufacturing The maker of crisps brand Seabrook is bringing forward its major investment plans after its profits almost doubled in 2023.
Norton Motorcycles: Losses continue to mount at iconic brand May 20, 2024 Losses continued to widen at Norton Motorcycles in the fourth year since being rescued out of administration.
Folding bike maker Brompton gears up international sales as profit passes milestone May 17, 2024 A surge in international sales helped Brompton, the folded bikes company popular with London commuters, report a jump in its turnover and profit.
Kellogg’s to cut hundreds of jobs as it announces closure of major factory May 16, 2024 Hundreds of jobs are set to be axed after Kellogg’s confirmed plans to close its Manchester-based factory.
JCB defends supplying Russia after Ukraine invasion May 15, 2024 JCB has come out swinging after it was revealed it had continued to supply equipment for Russia despite Vladimir Putin’s invasion of Ukraine.
Sleepeezee: Silentnight owner acquires bed maker for King Charles III May 15, 2024 A group owned by the majority shareholder of Silentnight has acquired Sleepeezee - which has been a supplier to the Royal Family for more than 60 years.
Fall in new houses being built leads to losses widening at listed manufacturer May 15, 2024 A fall in the number of new houses being constructed across the UK contributed to losses widening at a London-listed manufacturer.
Rising costs fail to keep Brits from their cups of tea as Clipper owner posts record sales May 14, 2024 Rising inflation has failed to get in the way of the British public and their cups of tea after the company behind Fairtrade brand Clipper reported record sales.