David Beckham-backed Lunaz restarts after administration and job cuts Manufacturing Lunaz, the electric car company backed by David Beckham which collapsed into administration earlier this year, has completed a restructure and restarted production.
Jammie Dodgers, Wagon Wheels and Party Rings maker cuts losses Manufacturing The group behind brands such as Jammie Dodgers, Wagon Wheels and Party Rings cut its losses as its revenue neared £600m.
Losses widen at Pragmatic Semiconductor as chip maker ramps up investment Technology Losses widened at Pragmatic Semiconductor, the company set to become the UK’s largest chip manufacturer by volume, during 2023 as it ramped up its investment plans.
Lunaz: Creditors to lose almost £20m after collapse of David Beckham-backed electric vehicle company May 21, 2024 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 May 20, 2024 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 May 20, 2024 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.