President Trump has escalated his efforts to encourage pharmaceutical companies to shift manufacturing to the United States by threatening to impose tariffs on the industry. He announced plans to introduce
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The parent company of McVitie’s and Jacob’s, Pladis, has announced a £68 million investment into its UK operations in a bid to drive significant growth. The funds will be focused
Ministers are poised to intervene in the potential rescue of another major steel facility as Speciality Steel UK (SSUK) faces a critical insolvency hearing next week. Business Secretary Jonathan Reynolds
The British government has announced stringent measures to curb steel imports, implementing a dramatic reduction in growth allowance from 3% to just 0.1% year-on-year. This decisive action, spearheaded by Business
The Business Secretary Jonathan Reynolds has received assurances regarding the future of Lotus’s Norfolk manufacturing facility following crucial discussions with its Chinese proprietor over the weekend. The talks arose amid
The British government has thrown its weight behind Rolls-Royce’s ambitious plan to dominate the £1.6 trillion market for short-haul aircraft engines, offering potential taxpayer support for its next-generation jet engine
The future of Britain’s premier bioethanol facility hangs in the balance as Associated British Foods (ABF) signals potential closure of its Hull-based Vivergo plant by September, threatening 160 jobs amid
Lord Rothschild’s cable manufacturing enterprise Volex has reported a remarkable 25% increase in profits, driven by soaring demand for its electric vehicle chargers. The company’s financial performance exceeded management’s previous
In a significant development for the UK automotive sector, Chinese manufacturer Chery Auto is evaluating plans to establish its second European manufacturing facility in Britain. The announcement comes as the
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
The co-founder of Raspberry Pi and his finance chief have collectively realised over £2 million from their shareholdings following the expiry of their lock-up agreements. Eben Upton, who serves as
British manufacturers are abandoning the United States as an export market, marking a significant shift in global trade relations. The US has dropped out of the top three global regions
Jaguar Land Rover has downgraded its earnings forecast and cashflow expectations for the current financial year, citing global uncertainties and the looming threat of President Trump’s tariffs. The luxury automaker
Britain’s largest producer of carbon dioxide, essential for operating theatres and the food and drink industry, has issued a stark warning of “imminent” closure following the recent US-UK trade agreement.
The aviation industry giant Boeing confronts renewed scrutiny following a catastrophic crash of its 787-8 Dreamliner in Ahmedabad, India, resulting in 241 fatalities. The incident has forced CEO Kelly Ortberg
Ministers in the UK are poised to make critical decisions on which British car manufacturers will benefit from lower United States import tariffs. This follows negotiations between British and American
