Marshalls, the FTSE 250 construction materials specialist, has sounded alarm bells over the health of the home improvement market as spending slumps and the company faces tumbling profits. The group,
Industrial2- Page
39Articles
A pioneering £400 million carbon capture project at a Welsh cement works is poised to receive regulatory approval within weeks, marking a significant milestone in British industrial decarbonisation efforts. German
The newly appointed owner of Royal Mail, Czech billionaire Daniel Kretinsky, has issued a rallying call for workforce unity following his £3.6 billion takeover of the postal service. His message
The UK government is poised to designate British steel production as critical to national security, unveiling plans to secure substantial orders for infrastructure projects including wind farms and rail links.
In a significant policy announcement, Sir Keir Starmer has unveiled Labour’s comprehensive industrial strategy, marking the first such initiative since Theresa May’s government. The 160-page document outlines an ambitious ten-year
British industrial equipment rental giant Ashtead Group has cautioned investors about slowing rental revenue growth in the current financial year, citing persistent weakness in the US construction market. The FTSE
The UK government is reportedly exploring new legislation to erase nearly £1bn in debt accumulated by British Steel, a move aimed at making the company more attractive to prospective buyers.
A powerful consortium of British industrial heavyweights has unveiled an ambitious £6.5 billion project aimed at revolutionising the UK’s hydrogen production capabilities. The initiative, dubbed Project HySpeed, brings together prominent
In a significant development for Scotland’s industrial sector, Labour leader Keir Starmer has unveiled a £200 million funding package aimed at rejuvenating the Grangemouth oil refinery site. The investment, sourced
The US chemicals behemoth Dow has launched a strategic review of its operations at its Barry manufacturing site in South Wales, casting a shadow over a significant portion of its
British Steel is set to abandon its plans for steelmaking on Teesside, dealing a significant economic blow to northeast England. The Chinese-owned manufacturer had initially proposed constructing a ‘green steel’
British engineering giant Smiths Group has seen its shares soar to unprecedented levels after announcing an impressive 15.8% revenue growth for the quarter ending 1 November, predominantly driven by robust
Rentokil Initial (FTSE 100), the pest control company, has reported slightly better-than-expected performance in the US, as it continues to integrate Terminix, its North American business acquired in a £4.5
Clare Barclay is the new chief executive at Microsoft UK. She will oversee the British Government’s Industrial Strategy. Barclay is to chair the Industrial Strategy Advisory Council. This council will
Mondi, a FTSE 100 packaging company that failed in its bid to acquire UK rival DS Smith has acquired a German competitor. It has acquired western European assets from Schumacher
The UK manufacturing sector is calling on the government to prioritise the development of a comprehensive industrial strategy to attract investment and mitigate the damage caused by the Brexit deal.
