Wednesbury Factory Consultation Puts 100 Jobs at Risk
Adient's automotive seating factory in Wednesbury has launched a consultation, threatening 100 jobs due to market shifts and global challenges in the sector.
Adient's automotive seating factory in Wednesbury has launched a consultation, threatening 100 jobs due to market shifts and global challenges in the sector.
Airbus announces record financial performance for 2025, with revenues reaching €73.4bn and workforce expanding to over 165,000 amid surging global demand for commercial aircraft.
Henry Nuttall, a Victorian-era manufacturer of frying ranges for fish and chip shops, has been rescued from administration through acquisition by RGM Leeds Group, preserving 11 jobs and a 150-year legacy.
Rolls-Royce shares surged to an all-time high of 1,325.50p, leading a defence sector rally that helped the FTSE 100 reach a record 10,672.50p. BAE Systems and other defence stocks also climbed amid UK defence spending plans.
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RecommendedO&H Vehicle Conversions in Goole has ceased operations after over 30 years, resulting in 157 job losses. Administrators cite delivery delays and financial struggles as key factors.
Europe's largest defence contractor, BAE Systems, announces record earnings of £3.32 billion for 2025, a 12% increase, driven by heightened global defence expenditure and geopolitical tensions.
O&H Vehicle Conversions, a specialist UK ambulance manufacturer based in East Yorkshire, has entered administration, threatening 164 jobs. Administrators were appointed on February 13, with delays in chassis delivery and production issues cited as key fac
Ferndale-based manufacturer Avon Engineered Rubber appoints Vince Minchella as managing director to drive domestic and international expansion, targeting £100m revenue by 2030.
Skinbiotherapeutics Plc sees shares tumble nearly 70% as board investigates former CEO's conduct, leading to revised revenue forecasts and a £770,000 accounting adjustment.
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RecommendedA Devoko electric standing desk with memory presets and white finish has dropped to just £50.57 on Amazon, offering an affordable home office upgrade with health benefits.
Tungsten West has signed two major supply agreements for its Hemerdon mine near Plymouth, putting it on schedule to start production in 2026 and potentially supply 20% of global tungsten outside China.
County Durham subsea specialist Tekmar lands a £4 million offshore wind contract, with revenue expected in 2026 and 2027, boosting its order book under Project Aurora.
Coastal Workboats Scotland Limited enters administration, resulting in the loss of all five jobs and leaving five vessels unfinished despite significant government funding.
Nissan's CEO Ivan Espinosa states the company's major restructuring is showing progress, with reduced forecasted losses and significant cost savings identified through the 'Re:Nissan' program.
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RecommendedBMW Group has appointed US-based logistics leader GXO to manage warehouse operations at its Swindon MINI factory, aiming to boost efficiency and resilience in the supply chain for key vehicle components.
Amazon offers a limited-time deal on Zovimax bone conduction sports headphones, reduced to £39.99 from £159.99, ideal for swimmers and runners seeking affordable open-ear audio technology.
A £400 million expansion of Fujifilm Biotechnologies' Billingham site creates the UK's largest single-use CDMO facility, boosting vaccine and cancer drug production.
Stellantis, the global automotive giant, is under pressure to streamline its brand portfolio following a massive $26.5 billion electric vehicle write-down. Industry experts warn that six brands could be discontinued or sold.
A senior Tata Steel director has warned MPs that the UK steel sector is 'teetering on the brink' and needs urgent government action within two months to survive.
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RecommendedPharmaceutical giant AstraZeneca reports 40% profit surge to $12.4bn for 2025, driven by strong cancer treatment demand and strategic expansion into weight-loss therapies.
McMurtry Automotive will manufacture its Spéirling PURE electric racing car, which smashed the Top Gear track record, at a new facility in Wotton-under-Edge, Gloucestershire.
Longhope-based engineering company Versarien, which specialised in graphene production for multiple sectors, has been cancelled from the AIM market following its collapse into administration last month.
Park Cakes in Oldham celebrates selling over 10,000 gluten-free Colin the Caterpillar cakes in five days after a £1.5 million investment in a dedicated production line.
India-owned Westwire Harnessing has opened a new manufacturing facility in Swindon, creating 80 skilled jobs and expanding its footprint to over 21,000 sq ft to meet growing defence sector demand.
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RecommendedHitachi Rail's latest accounts show revenues increased to £748.4m, though profits turned to a loss due to an impairment charge, as the firm invests in digital and green mobility.
Jaguar Land Rover reports a £310 million pre-tax loss for Q3, with £64 million attributed to a major cyber attack that halted production for five weeks. The UK's largest car maker remains optimistic about recovery.
ExxonMobil has permanently closed the Mossmorran manufacturing plant in Fife, Scotland, after over four decades of operation, putting 400 local jobs at immediate risk and sparking political controversy.
County Durham tech firm Filtronic reports an encouraging first half with flat revenue but lower profits, while securing major contracts and achieving a record order book.
Rolls-Royce shares rise 1.6% to 1,250.50p, recovering from an 8% slump triggered by US tariffs, as the aerospace giant continues its strong performance on the FTSE 100 index.
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RecommendedBritish pharmaceutical giant AstraZeneca has started trading on the New York Stock Exchange, delisting from Nasdaq while keeping its London and Stockholm listings intact.