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Manufacturing
KPM Marine and Grainger & Worrall among West Midlands recipients of a King's Awards for Enterprise 2025
West Midlands
There are 12 companies from this region which have won the prestigious awards for business excellence as the scheme celebrates its 59th year
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Lost Gardens of Heligan and Triodos Bank among King's Awards for Enterprise 2025 South West winners
South West
A total of 17 companies from across the region received awards this year
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From superyachts and software to cheese and eggs: 24 North West companies win King’s Awards for Enterprise
North West
Winners include a firm dedicated to supporting children's mental health as well as companies in the manufacturing and chemicals sectors
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Jobs at risk at shearing tool firm Lister after buyout – but bosses say business will stay 'rooted in Gloucestershire'
Gloucestershire
Lister managers say MBO from Wahl gives them more autonomy and ability to invest
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£94m spent on British Steel nationalisation, says Business Secretary
Industrial
Jonathan Reynolds said the cost to the Exchequer of allowing British Steel to close would have been "incredible"
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º£½ÇÊÓÆµ manufacturing on brink of year of decline amid 'noticeable impact' of tariffs
By City AM
The º£½ÇÊÓÆµ manufacturing sector is on the brink of a year of decline as new data showed output remains in the doldrums, with the "noticeable impact" of tariffs dragging down exporters' sales
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Rolls-Royce says it's on track to hit nearly £3bn profit in 2025 despite ongoing tariff uncertainty
By City AM
The London-listed engineering giant on Thursday held a previously guided underlying profit range of between £2.7bn and £2.9bn. It is also looking at between £2.7bn and £2.9bn of free cash flow.
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Aston Martin limits exports to US over new tariffs
Aston Martin
Move by sports car maker follows President Trump's imposition of 25 per cent tariffs on cars imported into the US
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Craft beer maker Ilkley Brewery rescued from administration with jobs secured
Food and Drink
Former owner Luke Raven said demand is still strong for Ilkley's beers
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Underfloor heating firm UFHN acquired by Finnish group
Deals
20-year-old Dorset firm joins group with big North East operations
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Nissan appoints new º£½ÇÊÓÆµ boss as it aims to bounce back in 'dynamic times'
Automotive
The automotive giant has appointed former Vauxhall executive James Taylor to lead its º£½ÇÊÓÆµ operations
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One of the biggest employers in the Vale of Glamorgan to shed 300 jobs
Employment
The Unite union said that US chemical giant Dow plans to shed a third of its workforce at its Barry plant
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Nissan sets out huge cost of turnaround plans as it expects £3.7bn loss
Automotive
Chief executive Ivan Espinosa said the wider than initially expected losses reflected a review of its performance and the value of global factories
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Rolls-Royce shares rebound to pre-tariff levels, nearing full recovery on FTSE 100
By City AM
Shares in Rolls-Royce have surged to their highest value since US President Donald Trump shocked global markets with his trade tariffs
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º£½ÇÊÓÆµ manufacturers cut jobs at fastest rate in four years amid tax hikes and energy costs
By City AM
The CBI said that the downturn in manufacturing output had eased in the quarter to April, suggesting there may be some resilience in the sector
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Aircraft landing systems firm Safran opens new Gloucester site
Aerospace
The centre is part of a major investment project at the company's Gloucestershire base
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Pharma firm Shield Therapeutics warns of 'unpredictability' from US tariffs
Company Results
The commercial stage business has significantly boosted prescriptions and narrowed losses
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Profits double as battery firm Alexander Technologies powers up customer numbers
Engineering
The Peterlee firm says the rise in sales and earnings is driven by an expanding project and customer base
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Elon Musk takes step back from politics as Tesla profits crash amid backlash
By City AM
Tesla's net income plunged 71 per cent to $409m in the first quarter, missing Wall Street estimates, with the firm's operating income dropping 66 per cent to $0.4bn
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Nissan boss says 'º£½ÇÊÓÆµ is not a competitive place to be building cars'
Automotive
Alan Johnson told the House of Commons' Business and Trade Committee that the Government must support the automotive sector
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Trump tariffs: Uncertain and anxious Liverpool businesses reveal how they could be affected
Exports
City region firms fear price rises and eroded trust, Liverpool Chamber research reveals
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Durham lighting firm Artech snaps up Yorkshire business Powerlite Fitzgerald
Deals
The acquisition will help to boost both firms' market share while creating skilled jobs
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BAE Systems announces 'breakthrough' in munitions production
Industrial
The defence giant has developed a new way of manufacturing explosives and propellants
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Family firm TWR launches £2m Sunderland manufacturing facility
Engineering
New jobs have been created through the launch of the new manufacturing facility in Hendon
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