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Manufacturing

New strike dates set for Tetley Tea workers amid continuing pay row
By City AM
The GMB Union has announced 12 more strike dates which will see almost 150 workers walk out in a dispute over what it describes as "poverty pay"
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McVitie's profits skyrocket to £131.3m, driven by white chocolate digestives success
By City AM
Pladis Foods, the owner of McVitie's, said its revenues grew thanks to the introduction of new products, including white chocolate digestives, which "exceeded all sales forecasts"
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Hinkley Point C contractor opens Bridgwater factory and plans to create 150 jobs
Engineering
Warrington-based BGEN was awarded an £84m contract for a project at the nuclear power station earlier this year
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Greencore hails 'outstanding' performance as it gives meal deal profit update
By City AM
Greencore, which supplies all the º£½ÇÊÓƵ's major supermarkets with salads, sushi, sandwiches, snacks, ready meals, and soups, said it now expects its full year profit to be "ahead of current market expectations"
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Swizzels Matlow sees profits halve despite sales surge to nearly £100m
By City AM
The Peak District-headquartered business has reported a pre-tax profit of £4.4m for 2023, down from the £8.2m it achieved in 2022
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AstraZeneca invests in future of heart health with $2bn licensing agreement for dyslipidemia drug
By City AM
The Anglo-Swedish pharmaceutical giant will make an upfront payment of $100m to licence a preclinical small molecule aimed at treating dyslipidemia, an imbalanced, abnormal level of lipids in the bloodstream
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Imperial Brands hikes shareholder returns for 2025
Company Results
The Bristol-headquartered company said it was delivering against a five-year strategy to 'transform the business'
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Go Ahead makes £500m investment into zero emissions buses, creating 500 new jobs
Transport
The North East transport operator has also launched a partnership with Northern Ireland-based bus manufacturer Wrightbus
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Councillors demand Lancashire aerospace support as they fear 'downsizing' at Rolls-Royce plant
London 2012 Olympics
Barnoldswick houses two Rolls Royce facilities
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Japanese brewer Asahi's º£½ÇÊÓƵ arm sinks deeper into losses, reporting a £14m deficit
By City AM
The division of the Japanese beer maker is the London-headquartered arm of Asahi, whose brands include Peroni, Fuller's Brewery and Grolsch
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Mars Wrigley pays out huge £600m dividend to º£½ÇÊÓƵ owners after bumper year
By City AM
The business, which has º£½ÇÊÓƵ manufacturing sites in Slough and Plymouth, has significantly upped its dividend for 2023, after also paying out £115million in 2022
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Beacon Foods named the best firm in Powys
Wales
The family-owned business took the overall title in the 2024 Powys Business Awards
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Leaders welcome multi-billion pound green technology plan for North West – and say it could protect manufacturing jobs for generations
Climate Agenda
Hynet scheme will see carbon capture technology rolled out at scale in bid to slash emissions
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Elon Musk's Tesla faces delivery shortfall, impacting stock prices
By City AM
Tesla shares have fallen more than 5.4 per cent after the electric vehicle company's third quarter deliveries came in south of expectations
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Glenfiddich and Hendricks Gin maker sees sales near £2bn as profit tops £500m
By City AM
William Grant & Sons, which is headquartered in Scotland, has reported a turnover of £1.96bn for its latest financial year, up from the £1.72bn it achieved in 2022
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Jones Village Bakery creating 50 new jobs on strong export growth
Exports
The firm is targeting growing exports this year to £10m
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Hula Hoops maker KP Snacks reports profits of almost £100m
By City AM
The Slough-headquartered KP Snacks, which is owned by Intersnack Group, has reported a pre-tax profit of £93.7 million for 2023, up from £64.3 million in 2022
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Versarien strikes deal with Balfour Beatty to make mortars
Deals
The Gloucestershire firm is to make a range of 3D printable construction materials that have a low-carbon footprint
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Solid State expands north with Gateway acquisition
Technology
Worcestershire manufacturer has bought out Cheshire firm in deal which broadens products line
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Turnover tops £300m at Northumberland family firm Simpsons Malt
Company Results
The firm's acquisition of WN Lindsay Limited in 2021 has triggered large rise in profits
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Shortlist revealed for Black Country Chamber Business Awards
West Midlands
A total of 14 categories will be recognised at 2024 ceremony in November
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Manufacturing recovery set to fade as costs and budget fears hit sentiment
By City AM
The recovery of the manufacturing sector looks set to fade, according to a closely watched survey, as rising costs and fears about the budget hit business sentiment.
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Harland and Wolff: Titanic shipbuilder calls in administrators and jobs to be cut
Labour Party
The administration process is confined to the 162 year old holding company
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Nissan production down more than 20% in August as European sales fall
Automotive
The month is typically slower for car manufacturers amid factory shutdowns and retooling though wider figures across º£½ÇÊÓƵ makers showed the six consecutive month of decline
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