JRM Advanced Engineering Collapses into Administration
JRM Advanced Engineering, a major UK manufacturer with contracts including Jaguar Land Rover, has entered administration, highlighting challenges in the automotive sector.
Category : Manufacturing
Spotnails Secures £3m Funding for Expansion
Caerphilly-based industrial tools firm Spotnails has secured a £3m funding facility from HSBC UK and Development Bank of Wales to support its growth plans, including warehouse expansion and new e-shop.
Leonardo Hopeful for Somerset Factory in £1bn UK Talks
Italian helicopter maker Leonardo expresses optimism about its Yeovil factory's future after talks with the UK government on a £1bn contract, crucial for 3,000 jobs and the local economy.
Rolls-Royce £1.5bn Share Buyback and Record Profits
Rolls-Royce is set to unveil a £1.5bn share buyback program alongside annual profits expected to reach £3.2bn, marking a major turnaround under CEO Tufan Erginbilgic.
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Celtico Unites 12 Welsh Engineering Firms for Renewable Projects
A new collaboration called Celtico brings together 12 leading engineering and manufacturing firms across South Wales, employing over 1,400 people and generating £250m annually, to secure major renewable energy contracts across the UK.
Aston Martin Profit Warning Due to US Tariffs and Falling Sales
Aston Martin warns profits will fall below £184 million for 2025 as US tariffs and declining sales impact earnings, while selling F1 team naming rights for £50 million.
Birmingham Jewellery Firm Andra Jewels Collapses into Administration
Andra Jewels Limited, a Birmingham-based jewellery manufacturer founded in 1959, has appointed administrators, putting approximately 50 jobs in jeopardy. This follows recent administration filings by another local jewellery giant, WH Darby.
Wednesbury Factory Consultation Puts 100 Jobs at Risk
Adient's automotive seating factory in Wednesbury has launched a consultation, threatening 100 jobs due to market shifts and global challenges in the sector.
Airbus Landmark Year as Aircraft Demand Soars
Airbus announces record financial performance for 2025, with revenues reaching €73.4bn and workforce expanding to over 165,000 amid surging global demand for commercial aircraft.
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Historic Fish and Chip Equipment Maker Rescued from Collapse
Henry Nuttall, a Victorian-era manufacturer of frying ranges for fish and chip shops, has been rescued from administration through acquisition by RGM Leeds Group, preserving 11 jobs and a 150-year legacy.
Rolls-Royce Hits Record High, FTSE 100 Reaches New Peak
Rolls-Royce shares surged to an all-time high of 1,325.50p, leading a defence sector rally that helped the FTSE 100 reach a record 10,672.50p. BAE Systems and other defence stocks also climbed amid UK defence spending plans.
East Yorkshire Emergency Vehicle Maker Collapses, 157 Jobs Lost
O&H Vehicle Conversions in Goole has ceased operations after over 30 years, resulting in 157 job losses. Administrators cite delivery delays and financial struggles as key factors.
BAE Systems Posts Record Profits Amid Defence Spending Rise
Europe's largest defence contractor, BAE Systems, announces record earnings of £3.32 billion for 2025, a 12% increase, driven by heightened global defence expenditure and geopolitical tensions.
UK Ambulance Maker Collapses, 164 Jobs in Jeopardy
O&H Vehicle Conversions, a specialist UK ambulance manufacturer based in East Yorkshire, has entered administration, threatening 164 jobs. Administrators were appointed on February 13, with delays in chassis delivery and production issues cited as key fac
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Avon Engineered Rubber Expands Globally with New Managing Director
Ferndale-based manufacturer Avon Engineered Rubber appoints Vince Minchella as managing director to drive domestic and international expansion, targeting £100m revenue by 2030.
Newcastle Skin Firm Shares Drop 70% After CEO Investigation
Skinbiotherapeutics Plc sees shares tumble nearly 70% as board investigates former CEO's conduct, leading to revised revenue forecasts and a £770,000 accounting adjustment.
Amazon Cuts Electric Standing Desk to £50 with 54% Off
A Devoko electric standing desk with memory presets and white finish has dropped to just £50.57 on Amazon, offering an affordable home office upgrade with health benefits.
Devon Tungsten Mine on Track for 2026 Production
Tungsten West has signed two major supply agreements for its Hemerdon mine near Plymouth, putting it on schedule to start production in 2026 and potentially supply 20% of global tungsten outside China.
Tekmar Wins £4m European Offshore Wind Project
County Durham subsea specialist Tekmar lands a £4 million offshore wind contract, with revenue expected in 2026 and 2027, boosting its order book under Project Aurora.
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Scottish Shipbuilder Collapses, All Jobs Lost
Coastal Workboats Scotland Limited enters administration, resulting in the loss of all five jobs and leaving five vessels unfinished despite significant government funding.
Nissan CEO: Turnaround on Track Despite Continued Losses
Nissan's CEO Ivan Espinosa states the company's major restructuring is showing progress, with reduced forecasted losses and significant cost savings identified through the 'Re:Nissan' program.
Swindon MINI Factory Partners with US Logistics Giant GXO
BMW Group has appointed US-based logistics leader GXO to manage warehouse operations at its Swindon MINI factory, aiming to boost efficiency and resilience in the supply chain for key vehicle components.
Amazon Cuts Bone Conduction Headphones to £39.99 with 75% Off
Amazon offers a limited-time deal on Zovimax bone conduction sports headphones, reduced to £39.99 from £159.99, ideal for swimmers and runners seeking affordable open-ear audio technology.
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.
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Stellantis May Axe Six Car Brands After EV Loss
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.
UK Steel Industry Has 'Two Months to Be Saved'
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.
AstraZeneca Profits Jump 40% on Cancer Drug Sales
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.
New Factory for Top Gear Record Electric Car
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.
Versarien Delists from AIM After Administration
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.
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Gluten-Free Colin the Caterpillar Sales Success in Oldham
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.
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