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Engineering
12:02, 17 FEB 2025
Nissan's Sunderland plant not identified in global restructuring plans
Honda
The Japanese car maker is planning to shut three plants, with Thailand the only named location so far
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Wood Group shares plummet 31% as Deloitte uncovers 'material weaknesses' in financial review
By City AM
The beleaguered engineering giant said it is initiating steps to "significantly" strengthen its financial culture, governance and controls after a review
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Cardiff University job and department cut plans lacking good business practice
Education
It need to apply applying Bananarama’s first principle of management - it ain’t what you do, it’s the way that you do it.
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Major tool supplier collapses into administration
Insolvency and Administration
Professional services consultancy Alvarez and Marsal has been appointed as administrators of Exeter-based Troy º£½ÇÊÓÆµ
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Humber renewables champion Camilla’s calling came as green power became the new big thing
Humber Renewables Award
Humber Renewables Awards 2025 are open for entries, and with a month to go until nominations close, we caught up with the reigning Humber Renewables Champion.
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Sheffield Forgemasters get green light for huge Meadowhall machining factory
Ministry of Defence
Work is under way to prepare the land and the building will cover a space equal to 12 Olympic-sized swimming pools
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Newcastle's Deadgood furniture firm seals investment to drive global growth mission
Deals
The firm was launched over 20 years ago by university friends Dan Ziglam and Elliot Brook and now works with global giants including Amazon, Google and Starbucks
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130-year-old firm to demolish foundry to make way for new office block in 'commitment to growth'
Manufacturing
Scheme will allow the 120-employee firm to build visitor facilities and new entrance
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Superdry boss submits plans for Cheltenham hospitality venue
Restaurants
Thousands of people are backing the proposals despite council concerns over 'harm' to the town's heritage
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Profits up at Renishaw as demand from consumer electronics sector rises
Company Results
The Gloucestershire-headquartered engineering firm says it expects to make "steady" revenue growth this year
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North East business life: community, award and charity events of the week
People
Companies featuring in this week's round-up include Adderstone Living and N&T Civils, The Northern Housing Consortium, Bradley Hall and Berry’s Jewellers
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180 jobs at risk as historic North East manufacturer Union Electric Steel faces closure
Employment
The company's bosses say it has been loss-making for three years, triggering the consultation to close the Tyneside site
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Hadrian Healthcare reveals plans for £15m luxury care home in Northumberland
property news
The company has acquired a key site in the centre of Hexham and is now drawing up plans
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Filtronic announces new £16.8m deal with Elon Musk's Space X rocket giant
Deals
The NETPark business said the new deal will be fulfilled over the next two years
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Government wants AI growth zones around º£½ÇÊÓÆµ to create thousands of good jobs
Economic Development
Areas in the North East, North West, Scotland and Wales are being tipped for the new Government status
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'Hotel Chester' plans for former Mecca Bingo site updated and get go-ahead
North West
Most of the building will be demolished to make way for the seven-storey 'Hotel Chester' development adjacent to St Oswald's Way, which will create 80 full-time jobs once it's operational
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People on the move: key North East appointments and promotions
Appointments
Companies welcoming new starters this week include Clive Owen LLP, Avison Young, Bradley Hall, Bellway Homes, Insulcon Technical and YourFilm
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Wales needs to raise its game in the deep tech sector
Opinion
One way to maximise the potential of the South Wales compound semiconductor cluster is by establishing a dedicated deep tech incubator supported by an investment fund
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Liverpool council commissions major plan to transform 'overlooked' city area
North West
The Pumpfields area, a 75-acre zone around Leeds Street, has been earmarked for a major revamp
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Bristol University entrepreneurs scoop major º£½ÇÊÓÆµ innovation prize
Technology
They have been awarded funding from Innovate º£½ÇÊÓÆµ to develop their sustainable tech businesses
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Engineering group IMI latest º£½ÇÊÓÆµ firm to be hit by cyber attack
West Midlands
Solihull-based listed group said it was working with external cybersecurity experts to contain the incident
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Rolls-Royce-backed 3D printer project to be unveiled in 'º£½ÇÊÓÆµ first'
Technology
The £500,000 high-tech machine can operate at super speeds and has been 18 months in the making
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Babcock hikes guidance as Skynet satellite programme ramps up
By City AM
The FTSE 250 group said on Thursday it expects underlying operating profit to exceed the top end of analyst expectations, which were in the range of £327.1m to £339.7m.
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Marine FC reveals plans for new £8m stadium and expanded community hub
North West
Marine FC have played at their College Road ground in Crosby for more than a century but now hope to build a new stadium as part of a wider 30-acre development
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