Largest UK Medicine Factory Opens in North East
A £400 million expansion of Fujifilm Biotechnologies' Billingham site creates the UK's largest single-use CDMO facility, boosting vaccine and cancer drug production.
A £400 million expansion of Fujifilm Biotechnologies' Billingham site creates the UK's largest single-use CDMO facility, boosting vaccine and cancer drug production.
Stellantis, the global automotive giant, is under pressure to streamline its brand portfolio following a massive $26.5 billion electric vehicle write-down. Industry experts warn that six brands could be discontinued or sold.
A senior Tata Steel director has warned MPs that the UK steel sector is 'teetering on the brink' and needs urgent government action within two months to survive.
Pharmaceutical giant AstraZeneca reports 40% profit surge to $12.4bn for 2025, driven by strong cancer treatment demand and strategic expansion into weight-loss therapies.
McMurtry Automotive will manufacture its Spéirling PURE electric racing car, which smashed the Top Gear track record, at a new facility in Wotton-under-Edge, Gloucestershire.
Longhope-based engineering company Versarien, which specialised in graphene production for multiple sectors, has been cancelled from the AIM market following its collapse into administration last month.
Park Cakes in Oldham celebrates selling over 10,000 gluten-free Colin the Caterpillar cakes in five days after a £1.5 million investment in a dedicated production line.
India-owned Westwire Harnessing has opened a new manufacturing facility in Swindon, creating 80 skilled jobs and expanding its footprint to over 21,000 sq ft to meet growing defence sector demand.
Hitachi Rail's latest accounts show revenues increased to £748.4m, though profits turned to a loss due to an impairment charge, as the firm invests in digital and green mobility.
Jaguar Land Rover reports a £310 million pre-tax loss for Q3, with £64 million attributed to a major cyber attack that halted production for five weeks. The UK's largest car maker remains optimistic about recovery.
ExxonMobil has permanently closed the Mossmorran manufacturing plant in Fife, Scotland, after over four decades of operation, putting 400 local jobs at immediate risk and sparking political controversy.
County Durham tech firm Filtronic reports an encouraging first half with flat revenue but lower profits, while securing major contracts and achieving a record order book.
Rolls-Royce shares rise 1.6% to 1,250.50p, recovering from an 8% slump triggered by US tariffs, as the aerospace giant continues its strong performance on the FTSE 100 index.
British pharmaceutical giant AstraZeneca has started trading on the New York Stock Exchange, delisting from Nasdaq while keeping its London and Stockholm listings intact.
BBC One's Inside the Factory visits Toro UK's Spellbrook factory to showcase the making of the iconic Hayter Harrier lawnmower, featuring presenters Paddy McGuinness and Cherry Healey.
A new report warns that up to 90,000 UK jobs in car and battery production could be lost if the country remains reliant on China for critical raw materials, threatening the automotive industry's future.
AstraZeneca partners with China's CSPC in an $18.5bn deal for exclusive global rights to monthly-dose weight loss technology, expanding its presence in the obesity treatment market.
Radiator manufacturer Stelrad announces expected 3% growth in adjusted operating profit for 2025 to £32.5m, despite 4% volume decline, through cost-cutting and margin initiatives.
Ilfracombe-based Expromet Technologies Group has acquired Tiverton Fabrications to broaden its UK manufacturing footprint and enhance precision engineering capabilities.
UK vehicle manufacturing dropped by 15% in 2025, with 717,371 cars and 47,344 commercial vehicles produced. The sector faced a cyber attack on JLR, new tariffs, and restructuring challenges.
Meat producer Cranswick expects pre-tax profits up to £216m after record Christmas sales, with recent acquisitions performing better than anticipated.
A new £180m low-carbon insulation manufacturing facility in Shotton, Flintshire, has secured £14.39m from the North Wales Growth Deal, creating over 130 jobs and advancing sustainable construction.
Independent Forgings and Alloys submits planning application for significant Sheffield facility expansion, creating 172 skilled jobs and constructing 12 new buildings while preserving historic steel heritage.
The UK government has selected seven defence companies, including BAE Systems and Leonardo, to design advanced AI drones that will operate alongside Apache helicopters in combat.
The Mersey maritime sector has reported a robust £5.6bn turnover, supporting 50,000 jobs, with growth driven by renewables and logistics, as per the latest industry report.
CF Booth Ltd, a 100-year-old Rotherham-based manufacturer and scrap merchant, has entered administration, resulting in 114 redundancies. The collapse follows the owner's death and severe economic pressures.
Defence Secretary John Healey announces a £453 million investment to equip RAF Typhoon jets with advanced radar systems, safeguarding over 500 specialist positions across Edinburgh, Lancashire, and Luton.
FK Group's Facade and Construction businesses have entered administration, resulting in 40 redundancies and impacting major projects in London and Manchester.
Swedish battery start-up NOVO Energy, owned by Volvo Cars, ceases operations, resulting in 75 redundancies. The closure follows the abrupt shutdown of US EV maker Bollinger Motors.
Northumberland wood panel manufacturer Egger UK sees turnover and profit fall but directors express confidence in long-term strategy and market position. Read the full financial report.