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Manufacturing

  • Severfield launches buyback as booming steel demand in UK and Europe powers record backlog

    April 17, 2024

    The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.

  • De La Rue: ‘Welsh Wizard’ investor hoping to cast spell over banknote maker’s shares

    April 16, 2024

    An investor known as the 'Welsh Wizard' in Canada circles has increased his stake in De La Rue, the company that makes UK passports and banknotes.

  • Record sales for Beefeater gin and Chivas Regal whisky owner

    April 16, 2024

    Profits at the company behind the likes of Beefeater gin and Chivas Regal whisky surged by almost £100m during its latest financial year as its sales passed the £1.3bn mark.

  • Is your electric bike safe? Folding bicycle maker Brompton backs new law to tighten rules

    April 15, 2024

    Brompton Bicycles has backed a proposed new law designed to ensure only safe e-bike batteries come to market.

  • Demand for Nissan’s Qashqai helps UK sales drive past £5bn

    April 12, 2024

    Based out of its Sunderland factory, Nissan's UK arm has reported its sales increased from £3.6bn in the year to March 31, 2023, while its pre-tax profits went from £35.6m to £31.9m.

  • Ferrero Rocher, Nutella and Kinder Surprise owner hails sales surge

    April 12, 2024

    UK sales have surged past £500m at the owner of confectionary brands such as Ferrero Rocher, Nutella and Kinder Surprise, according to new accounts.

  • Tata Steel: More than 1,500 workers to forego pay-offs and strike

    April 11, 2024

    Steelworkers have voted to strike in protest at planned job losses at Tata Steel.

  • McCain: UK’s love for potatoes helps sales pass £700m

    April 11, 2024

    The nation's continuing love for potatoes in all its forms helped sales at McCain Foods surged to more than £700m during its latest financial year.

  • Industrial policy is not a ‘magic bullet’ for economic problems, IMF warns

    April 10, 2024

    Industrial policy should not be seen as a "magic bullet", the IMF cautioned, as more economies turn to a bigger state to support industry.

  • Treatt bets on China and premium products after slow start to the year

    April 10, 2024

    Revenue for the half year declined by 5.1 per cent to £72.1m

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