AI Threatens Price Comparison Industry in Wales
New research reveals AI tools are disrupting traditional financial search models, putting up to 50% of website traffic at risk for comparison sites like Moneysupermarket and GoCompare.
Category : Manufacturing
McBride: Iran War Causes Price Rises and Supply Shortages
Household goods manufacturer McBride announces temporary price increases due to escalating costs from the Iran conflict, warning of emerging supply shortages and higher expenses for chemical and packaging suppliers.
Sargent Electrical Starts 60-Job Beverley Factory Construction
Construction is underway on Sargent Electrical Services' new 85,000 sq ft Advanced Manufacturing Centre in Beverley, set to create 60 jobs and boost production of motorhome and caravan electrical systems.
Government Nears British Steel Nationalisation to Save Scunthorpe
Industry body UK Steel welcomes government plans for full nationalisation of British Steel, providing certainty for 3,500 Scunthorpe workers and securing domestic steel production.
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Evri Opens Yorkshire Centre, Creates 150 Barnsley Jobs
Delivery firm Evri has launched a new £4 million fulfilment centre in Barnsley, Yorkshire, creating 150 jobs and offering next-day delivery with an 11.59pm cut-off to support SMEs.
Autostructures UK Collapses into Administration
Autostructures UK, a manufacturing company dating back to 1908, has entered administration. The firm was known for its work with JCB on the world's fastest tractor chassis.
Hindles Opens Bristol Office to Target South West Innovation
Intellectual property firm Hindles has launched a new Bristol office, aiming to capitalise on the South West's booming deep-tech and AI sectors. The firm cites the region's world-class universities and startups as key drivers.
JLR Halts Solihull Plant Production for Two Weeks
Jaguar Land Rover suspends production at its Solihull plant for up to two weeks due to a supplier fire in Norway, following recent financial losses.
Cornwall Mine Worth $1.5bn After Major Mineral Discovery
A historic Cornish mine's value has skyrocketed to $1.54 billion after new surveys revealed significantly larger deposits of tungsten, tin, copper, and silver, extending its potential lifespan to 29 years.
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Budweiser Axes Via Roma Beer as Pub Profits Plummet
Budweiser Brewing Group confirms discontinuation of Via Roma premium lager, inspired by Italian brewing traditions. This comes as new data reveals UK wet-led pubs may retain only 3p profit per £1 spent, with rising costs threatening industry viability.
Frog Bikes Enters Administration, Royal-Favored Brand Cuts Jobs
Frog Bikes, the children's bicycle manufacturer famously used by Prince Louis, has filed for administration, leading to staff redundancies. The company cites financial pressures, Brexit, and supply chain issues.
iPac Secures £4.75M Investment for Eco Packaging
Gateshead-based food packaging firm iPac has secured a £4.75 million investment from Maven Capital Partners to expand its environmentally-friendly product range and manufacturing capabilities.
Rolls-Royce £19.3m Rotherham Investment with Mayor Backing
Engineering giant Rolls-Royce announces a £19.3m investment in its Advanced Blade Casting Facility in Rotherham, supported by a £2m grant from the South Yorkshire Mayoral Authority. The project aims to double turbine blade production capacity by 2030, sec
Merit Holdings Collapses: £17.4M Debt, Hundreds Redundant
Merit Holdings, a Northumberland-based construction firm, has entered administration, resulting in 284 redundancies and £17.4 million in unpaid bills, with creditors unlikely to recover funds.
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AC Schnitzer to Close After 40 Years
AC Schnitzer, a car part manufacturer linked to BMW, will shut down by the end of 2026 due to financial unviability, rising costs, and changing consumer trends.
Sky Adds Free Disney+, HBO Max & Hayu to Popular Bundle
Sky has launched a new entertainment era by adding Disney+, HBO Max, and Hayu to its Ultimate TV package at no extra cost, alongside a price drop on broadband bundles.
Unilever in Talks to Sell Food Brands to McCormick
FTSE 100 giant Unilever confirms discussions with US firm McCormick over potential sale of its foods division, which includes iconic brands like Hellmann's and Marmite.
UK Government Launches Steel Strategy to Protect Production
The UK Government has unveiled a new steel strategy aiming for 50% domestic production, backed by £2.5bn funding and import quota cuts to secure national infrastructure.
GE Aerospace €110m Europe Investment Creates 1,000 Jobs
Aerospace giant GE Aerospace reveals a major €110 million investment across European manufacturing sites, including significant UK upgrades, and plans to hire over 1,000 new workers to expand production capabilities.
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Huntsman May Close Redcar Plant Due to High Energy Costs
US-based Huntsman Corporation is reportedly considering shutting its Wilton International chemical plant in Redcar, Teesside, where around 100 jobs are at risk, citing soaring UK energy costs and uncompetitive raw material prices.
Bentley Motors Announces 275 Job Cuts at Crewe Factory
Luxury car manufacturer Bentley Motors confirms plans to cut 275 jobs at its Crewe factory, representing 6% of its workforce, despite reporting a seventh consecutive year of profitability.
Scunthorpe Steel Rescue Costs Could Hit £1.5bn, Report Warns
A National Audit Office report praises the Government's swift action to save the Scunthorpe steelworks from closure, preventing major job losses. However, it warns the initial £377m deal lacks a clear exit strategy and could cost taxpayers £1.5bn by 2028.
Cadbury Launches Biscoff Flavor with New Packaging Design
Cadbury introduces a new Biscoff-flavored chocolate bar as part of its premium Cadbury & More range, featuring updated packaging to attract younger consumers and boost sales.
UK Manufacturing on Fragile Footing Amid Conflict and Costs
Make UK warns that rising oil prices above $100 and energy costs from the Middle East conflict threaten the sector's modest 2026 growth outlook of just under 1%.
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500+ Jobs at Widnes Solar Panel Factory Plan
Plans submitted to Halton Council propose transforming a vacant industrial unit at Viking Park into a solar panel manufacturing plant, potentially creating over 500 full-time jobs and boosting local economic growth.
Coventry Car Engineer HPL Prototypes Goes Bust, 65 Jobs Lost
Historic Coventry-based automotive engineering company HPL Prototypes has entered administration, leaving 65 employees without jobs and reportedly unpaid for six weeks, including outstanding overtime from Christmas work.
Surface Transforms Files Administration Notice After GM Loss
Knowsley-based supercar brakes manufacturer Surface Transforms has filed a notice to appoint administrators and warned of job cuts following the loss of its key General Motors contract, which accounted for 84% of its revenue.
Be Modern Losses Widen but Bosses Stay Optimistic
South Tyneside furniture manufacturer Be Modern sees operating losses increase to over £1m as turnover falls, but directors highlight cost reductions and new products as reasons for optimism.
UK Car Industry Slams EU's 'Discriminatory' New Rules
The Society of Motor Manufacturers and Traders has strongly criticized new European Union proposals that would prioritize EU-made vehicles and components, potentially damaging the £70 billion annual trading relationship between the UK and EU.
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Balfour Beatty Profits Jump 51% to £323m, Order Book Record
FTSE 250 construction giant Balfour Beatty reports a 51% profit surge to £323m and a record £22.7bn order book, driven by UK energy, defence, and transport infrastructure projects.
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