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Industry

  • Government offered lifeline on declining infrastructure investment

    February 26, 2025

    A new industry group is offering ideas to the government on how to fix miserable infrastructure investment and increase the number of planners. The Purposeful Finance Commission (PFC) has laid out a plan to privately source and administer a £22.5m fund that would aid the Government’s target of hiring 300 additional planners. Rachel Reeves referenced [...]

  • Cinemas warn tax hikes may cause credits to roll

    November 15, 2024

    The UK cinema industry has warned that higher taxes on employees’ wages announced in the Budget will be the final straw for some venues in what has become a core cultural industry. Chancellor Rachel Reeves increased the amount employers have to pay in NICs by 1.2 per cent, and lowered the wage threshold employers must start paying [...]

  • Renold on the hunt for acquisitions after record results

    July 17, 2024

    Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.

  • UK firms to invest £338bn on re-industrialisation in next three years, research shows

    April 18, 2024

    Like many advanced economies, the UK has seen a relatively rapid fall in the importance of manufacturing.

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