In a significant move for the UK’s energy landscape, Rolls Royce has received a £600 million loan from Rachel Reeves, the Shadow Chancellor. This funding aims to accelerate the development
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British manufacturers are set to face an additional £940 million in annual business rates following changes implemented by Chancellor Rachel Reeves, which came into effect this month. The substantial increase
Jaguar Land Rover has reported a substantial quarterly sales increase of 61.1 per cent, signalling a significant recovery following the cyberattack that paralysed production across its British manufacturing facilities. The
Britain’s manufacturing sector is facing significant challenges, characterised by a steep decline in domestic demand and escalating costs. This stark warning from industry body Make UK comes as hopes for
Stellantis has announced a £50 million investment in its Ellesmere Port facility, aiming to establish a new assembly line for electric Vauxhall Vivaros and other midsize zero-emission vans. This decision
The British automotive sector is at a pivotal point as electric vehicle policy collides with declining car production and wavering investor confidence. This week, representatives from the northeast’s motor industry
Manufacturers across the United Kingdom face mounting hardships from high electricity prices as a government relief plan is due to come into effect no earlier than 2027. Industry leaders and
Jaguar Land Rover, the largest car manufacturer in the United Kingdom, has revealed the scale of damage inflicted by a recent cyberattack, reporting substantial losses for the second quarter. The
Jaguar Land Rover (JLR), Britain’s largest carmaker, is bracing for significant disruption in December following a ban by Chinese authorities on exports of automotive computer chips. This move is set
Ministers are under renewed pressure to force the sale of Nexperia’s microchip facility in Stockport, following robust warnings from senior political figures regarding the potential national security risks associated with
BAE Systems, the blue-chip defence group and FTSE 100 constituent, has secured acquisition of the former GlaxoSmithKline manufacturing plant in Ulverston, Cumbria. This deal ends a protracted period of uncertainty
Saltend Chemicals Park, located on the outskirts of Hull, has long stood as a testament to Britain’s industrial heritage. Once a thriving centre for the production of chemicals, fertilisers, and
As the FTSE 100 and FTSE 250 indices opened broadly flat this week, Aston Martin’s share price drew sharp attention for all the wrong reasons. The iconic carmaker, which fancied
Billionaire Sir Jim Ratcliffe’s Ineos is set to cut 60 jobs at its Acetyls plant in Hull, citing cheap Chinese imports and elevated UK energy costs as the key reasons
The UK government is weighing up significant measures to shield the country’s automotive supply chain from the worsening impact of the Jaguar Land Rover (JLR) cyber-attack. Following the production shutdown
Britain’s automotive supply chain is facing disruption after a significant cyber attack paralysed Jaguar Land Rover’s (JLR) global operations. Webasto, a key supplier of glass roofs based in Sutton Coldfield,
