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Engineering

Skills gap 'passed its peak' - but workers warned of 'hiring recession'
By City AM
The number of firms reporting difficulties finding talent fell for the first time in ten years, a new survey showed, suggesting the º£½ÇÊÓƵ skills gap may have "passed its peak"
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Manchester's Oxford Road station set for two-year closure amid major upgrade plans
North West
Project aims to reduce rail congestion in city centre
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Plan for 'innovative' new car parking system in apartment blocks
Tesco
Dream Developments Northwest Ltd has designed the car park to be stacked
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Tyneside costume designer to Marvel and Disney shows strikes £100,000 investment deal
Deals
The Newcastle business has created props and costumes for some blockbuster shows as well as Disneyland
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Rolls-Royce market cap hits £50bn once again after recent share price rally
By City AM
The Derby-based FTSE 100 giant crossed the £50bn threshold for the first time at the start of December 2024 before its share price fell back, but the stock has surged again
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Tech firm Mojo-CX vows to create ‘high-quality jobs’ after £2.25m investment through Northern Powerhouse Investment Fund
Technology
Praetura Ventures. leads investment round at firm with global ambitions
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Swansea family-owned engineering firm Afon acquired in management buy-in deal
Deals
The Development Bank of Wales has backed the the deal with a £2.5m equity and debt package
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Funding deal for sensor manufacturer
West Midlands
Birmingham-based 4T2 Sensors will use the capital to secure certifications for hazardous environments and job creation
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Precision tooling specialist Helix Tool Company makes acquisitions in North East and Hertfordshire
Engineering
The deals follow the backing of Helix parent company MRO+ Solutions by private equity
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Fastest-growing tech companies in South West named by Sunday Times
Technology
The inaugural Sunday Times 100 Tech list shines a spotlight on Britain's successful private tech firms
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10 questions for Mark Rutherford of Alexander Battery Technologies
People
The CEO of the Peterlee-based manufacturer answers our questions
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Chirton Engineering sale talks under way as parent Carr's Group offloads other businesses
Engineering
The Tyneside precision engineering firm has been on the market since last year
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North East business life: charity, award and community events of the week
People
Companies featuring in this week's round up include The Bernicia Foundation, CAV Systems, Allan Brothers and The Banks Group
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Dyson to move workforce out of Bristol and scrap tech hub plans
Technology
The engineering firm acquired a building in the city for its research centre last year but this will now be leased out to another business
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Closure prompts interior design team to launch new firm
West Midlands
Chapter 9 Design in Redditch has opened its first office after its previous incarnation closed down last year
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Dow Schofield Watts hails uptick in deal volumes after the Budget as it advises on £809m worth of deals in 2024
Finance
Group says the year saw it advise on '22 significant transactions'
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Future of £58m Bristol research centre in question following deal
Deals
Wiltshire respiratory business Vectura has been acquired and the firm's new US owners have reportedly delayed a decision on the investment at Bristol and Bath Science Park
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Bristol Airport's expansion plans to connect passengers with new destinations
Transport
The consultation on the transport hub's masterplan to 2040 has reached its halfway point
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More than 400 jobs lost as metalwork operation collapses only months after rescue
Insolvency and Administration
Fuel tank maker Fablink was bought out of administration only three months ago but its new owner has now also collapsed
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Black Country manufacturer secures funding to boost exports and green credentials
West Midlands
Swift & Whitmore is targeting £8 million in sales and working to decarbonise its operations
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'Flying taxi' firm to use AI in bid to speed up aircraft testing
Aerospace
The Bristol-based company said the deal would also accelerate the aircraft's time to market
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Wales needs to be wary of becoming fixated with employee-ownership trust businesses
Deals
Partner of corporate advisory firm Gambit Frank Holmes said while transitioning to an EOT ownership model makes sense for certain types of companies, there are growing concerns over financial pressures created post deals leading in some cases to them collapsing
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10 questions for Kelly Smith of Spelk Studio
People
The North East-based furniture designer answers our questions
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Morson Group grows specialist engineering arm with deal for Orange Solutions
North West
'As part of the Morson Group, we will continue to build on our reputation'
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