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Engineering
08:30, 22 SEP 2024
Insolvency figures see a dip in August as 'summer of sport and warmer weather provides relief'
By City AM
Last month's figures include 594 bankruptcies, 4,166 debt relief orders and 5,240 individual voluntary arrangements with businesses in the Midlands seeing a spike in insolvencies.
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Exodus of engineers to Saudi is damaging º£½ÇÊÓÆµ infrastructure, HS2 contractor warns
By City AM
Egis Group, a contractor on major º£½ÇÊÓÆµ infrastructure projects, has said the departure of British engineers and experts to Saudi Arabia and North America is damaging the delivery of similar schemes in the º£½ÇÊÓÆµ
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Defence vehicle manufacturer to open new base
West Midlands
NMS º£½ÇÊÓÆµ says it will create 150 jobs when it launches a production facility in Warwickshire
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Liverpool's £1bn Knowledge Quarter expansion begins with Paddington South development
Commercial Property
Liverpool City Council has announced that work has started on a plot of land called Paddington South, which is the next phase of the Paddington Village development
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Liverpool City Region advances with plans for world's largest tidal power project on River Mersey
Labour Party
Metro mayor says project has 'potential to power hundreds of thousands of homes with renewable energy for 120 years'
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Hundreds of North East jobs saved as metalwork firm bought out of administration
Deals
Fablink made fuel tanks and other products for automotive clients but had suffered funding delays and bad debt in recent years
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North East deals: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include ABCA Systems, Barbour, Harlyn Solutions and Hoochie Coochie
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Pembrokeshire firm Ledwood Mechanical Engineering creating 40 jobs as it targets £50m revenues
Employment
Ledwood has launch a new recruitment drive
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Newcastle life sciences spin-out NunaBio seals £810,000 investment
Deals
Northstar Ventures has invested an additional £400,000, with £410,000 coming from other existing investors
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The £100m tram line linking Cardiff city centre with the Bay
Economic Development
The first phase of Cardiff Council's ambitious long-term Cardiff Crossrail vision will see a new dedicated two-platform tram station incorporated into Cardiff Central
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Self-catering specialist Sapphire Holidays makes £2m Cornwall office investment
South West
Group brands include Aspects Holidays, Boutique Retreats, Classic Cottages and Unique Hideaways
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Firms design hi-tech search and rescue backpack after joining forces at networking event
Tech
Revector and 4D Products met at a business networking event
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Hill & Smith expands global footprint in £23m deal
West Midlands
The Shirley-based infrastructure firm has bought the business and assets of Whitlow Electric in the US
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Leadership team revealed at Futures West Foundation as it bids to link business and universities to drive growth
Economic Development
Sir Iain Gray says West of England has 'incredible innovation heritage and such potential for greater prosperity'
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200 jobs to be created with £42m energy technology plant in Scarborough
Employment
The investment from Schneider Electric has been welcomed by local and national politicians
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MBO at DSG Chartered Accountants as partners vow to preserve independence
HSBC
'Decision to remain independent speaks volumes about our confidence in the future'
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New £35m waterfront learning campus in Barry approved
Commercial Property
Work on the new Cardiff and Vale College campus for up to 1,000 students will start early next year.
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Three construction rising stars in line for ProCon award
East Midlands
The first shortlist can be revealed for the 2024 awards which will celebrate excellence in the built environment sector
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The ending of heavy steel making at Port Talbot with º£½ÇÊÓÆµ Government statement due
Swansea Bay City Region
The move to an electric arc furnace operation at Port Talbot will see 2,800 job losses
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Hull's OSL Consulting Engineers bought by acquisitive clean energy group group
Deals
The Hessle firm's team of 100 join the 4,000 strong clean energy group
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West Midlands green transport innovators secure funding and support
West Midlands
Nineteen firms with ideas to make transport greener have been selected to join the latest cohort on the Clean Futures accelerator
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Recruitment firm Swift Temps to open office in Gloucester
Employment
The company already has 10 branches across the Midlands and North West England
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European engineering group opens new base in West Midlands
West Midlands
Swedish outfit Trelleborg has agreed terms for a a new warehouse in south Staffordshire
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Fusion Antibodies reports challenging year with revenue drop but sees growth in sales pipeline
By City AM
Shares in the AIM-listed firm sprung up 7.5 per cent when the market opened on Thursday
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