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Manufacturing
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
Bookmark
Heinz beans factory and Stanlow refinery win Government green backing as North West continues Net Zero push
North West
Glassmaker, recycling giant and farm shop also secure Industrial Energy Transformation Fund cash
Bookmark
Iconic Raleigh bicycles report significant losses amid sales increase and market pressures
By City AM
The Nottinghamshire-headquartered company, which was once the largest bicycle maker in the world, has announced a pre-tax loss of £30.1m for 2023 after having also lost £6.8m in 2022.
Bookmark
Nissan hails biodiversity plan as Sunderland factory site attracts badgers, newts and birds of prey
Climate Agenda
The car maker has been working with a solar farm partner to expand on marshland near its factory
Bookmark
º£½ÇÊÓÆµ Government launches new steel council
º£½ÇÊÓÆµ Government
The council will help steer plans for the industry which will be backed by up to £2.5bn of investment following thousands of job losses in the º£½ÇÊÓÆµ last year
Bookmark
Rolls-Royce shares tumble after broker slaps 'neutral' rating on them
By City AM
Analysts at Citi downgraded the FTSE 100 heavyweight from a 'Buy' to a 'Neutral' rating
Bookmark
Barbour profits jump 10% despite 'relentless' cost and pricing pressures
Fashion
During the financial year the South Tyneside business also opened a Singapore operation
Bookmark
Tata Steel in green steel supply deal with JCB
Deals
The two firms has entered in a memorandum of understanding that will see steel made from scrap at a new £1.2bn electric arc furnace at Port Talbot
Bookmark
Plan revealed for £20m industrial research facility in Port Talbot
Swansea Bay City Region
The South Wales Industrial Transition from Carbon Hub, or Switch, would be located in the Harbourside area of Port Talbot
Bookmark
100 jobs lost as Gateshead's Virtuoso Doors falls into administration
Insolvency and Administration
The Follingsby Park firm was not among the other Customade Group businesses rescued in recent deals
Bookmark
North Shields manufacturer Formica sees losses widen amid market decline
Company Results
The company has been restructuring the business and now only manufactures from the west part of its Tyneside factory
Bookmark
Tyneside pharma firm Shield Therapeutics taps up investors to raise new funds
Finance
The business expects to raise in excess of $7.7m from two separate fundraises - one involving its biggest investor
Bookmark
New accounts reveal Hitachi Rail performance in build up to £500m rescue deal
Company Results
Hitachi Rail received a contract to build new trains for FirstGroup in a move that is said to have safeguarded jobs
Bookmark
º£½ÇÊÓÆµ Government doubling funding support after ending of heavy steelmaking at Port Talbot
º£½ÇÊÓÆµ Government
Welsh Secretary said funding supported is being doubled to £30m
Bookmark
Sertec unveils fruits of £7m investment
West Midlands
Component manufacturer has installed new press in its base in Coleshill
Bookmark
Spain's Navantia to save failing shipbuilder Harland & Wolff
Deals
Business secretary Jonathan Reynolds said the deal was a 'huge vote of confidence' in the º£½ÇÊÓÆµ
Bookmark
Historic Bartoline rescued from administration in £800k deal, saving 90 jobs
Insolvency and Administration
The DIY products specialist had encountered difficulties following Covid
Bookmark
Green light recommended for furniture firm Senator International Group's new warehouse
Manufacturing
Senator International Group plans new building at Blackburn business park
Bookmark
Manufacturers expect costs to soar after Budget as confidence fallsÂ
BDO
Survey from Make º£½ÇÊÓÆµ and business advisory firm BDO shows confidence fell to its lowest level in a year
Bookmark
Graphene manufacturer Versarien boosted by €800,000 grant
Finance
Its Spanish subsidiary has been awarded the money for a two-year project
Bookmark
Funding deal for F1 composite manufacturer
West Midlands
MV Composites will use new capital to fit out new manufacturing base and hire staff
Bookmark
Aurrigo International seals £5.25m share placing raise
West Midlands
Coventry-based manufacturer or airside transport products will use capital to increase production
Bookmark
Black Country move for pork pie maker after funding deal
West Midlands
TC Morris has also created new jobs and plans an apprenticeship programme following injection of capital
Bookmark
Jobs lost as Grimsby seafood firm Arctic Fish Products goes into administration
Food and Drink
Administrators at RSM º£½ÇÊÓÆµ are now handling the firm's affairs and say they are working with directors to realise value from assets for creditors
Bookmark
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