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Manufacturing

Rolls-Royce's shares hit record high as FTSE 100 group edges towards £70bn valuation
By City AM
The Derby-headquartered group achieved a new record high share price on Thursday, 15 May, meaning it finished the day with a market capitalisation of £69.1bn, the largest in its history
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Sunday Times Rich List: Wealthiest people in the South West revealed
Professional Services
Electricity and finance leaders see their wealth soar
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Manchester United’s Sir Jim Ratcliffe still North West’s richest man as young entrepreneurs join Sunday Times Rich List 
North West
Retail entrepreneurs on famous list include 'richest person in Liverpool history'
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ITM Power strikes deal to supply 300MW of electrolysers to overseas power plant
Deals
The major project has received funding approval from the local authorities
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JLR posts highest profit in a decade
Jaguar Land Rover
Car maker enjoys healthy sales and profits
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Bilfinger secures major contract to expand Mitsubishi Chemical's Saltend production
Industrial
Expanded Soarnol production is coming to the park, east of Hull
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Bilfinger grows in hydrogen and gas sector with deal for nZero Group – as NVM exits
Climate Agenda
Group has bases in Cheshire, Bristol and Staffordshire
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Nissan to shut seven factories and axe 20,000 jobs as losses top £3.4bn
Automotive
The Japanese car giant has endured a tough few years, with a number of financial losses prompting major restructuring plans
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Call for ‘new industrial strategy’ to help North and Midlands firms grow exports and close gap with London
Exports
Airports group MAG and the Growing Together Alliance launch º£½ÇÊÓƵ Trade Barometer
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Multimillion-pound job creating expansion set for County Durham food producer Moguntia
Food and Drink
The family group celebrates its 122th anniversary this month and is confident its products have reached the majority of º£½ÇÊÓƵ households
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º£½ÇÊÓƵ-US trade deal provides 'much-needed certainty' - West Midlands business leaders react
Manufacturing
The news that import tariffs on vehicles going into the US have been dropped to ten per cent has been seen as a major boost to the West Midlands manufacturing sector
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Greater Manchester Chamber of Commerce hails º£½ÇÊÓƵ-US deal – but says more details needed after months of 'turmoil'
North West
Interest rate cut also welcomed
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Aston Martin stock soars as US eases car tariffs ahead of trade deal with º£½ÇÊÓƵ
By City AM
The FTSE 250 stock was up ten per cent in the early afternoon, after reports that US car tariffs on the º£½ÇÊÓƵ would ease.
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Rolls-Royce wins major MoD contract for RAF Typhoon fighter jets
Armed Forces
Most of the work will take place at the company's º£½ÇÊÓƵ defence HQ in Bristol
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Kromek heads toward profit following major Siemens health deal
Company Results
The technology business expects further revenue growth in 2026
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High-speed boat builder Marine Specialised Technology wins £6m NatWest backing to help it meet record demand
Maritime
MST Group makes vessels used by military, police and coast guard services
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Rolls-Royce shares bounce back from Trump tariff impact, surpass pre-April levels
By City AM
Engineering giant Rolls-Royce saw more than £10bn wiped off its stock market value after Donald Trump announced tariffs on 2 April
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Filtronic upgrades earnings expectations as factory growth bears fruit
Technology
The tech manufacturer has made a series of upgrades in recent months thanks to new orders and expansion of its North East-based production
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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£½ÇÊÓƵ manufacturing on brink of year of decline amid 'noticeable impact' of tariffs
By City AM
The º£½ÇÊÓƵ 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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