UK manufacturing growth at risk from Trump tariffs, Iran
UK manufacturing growth faces serious risks from Donald Trump's tariff policies and escalating Iran tensions, potentially derailing the sector's recovery and impacting the broader economy.
UK manufacturing growth faces serious risks from Donald Trump's tariff policies and escalating Iran tensions, potentially derailing the sector's recovery and impacting the broader economy.
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Norwegian-owned Blastr is the preferred bidder to acquire the UK's largest electric arc furnace in Rotherham and other South Yorkshire steel facilities, potentially securing the future of these strategic manufacturing sites.
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UK manufacturing input prices have risen at their fastest pace since late 2022, driven by energy price shocks from the Iran war, with demand weakening and output declining as uncertainty grows.
UK steel executives caution that a regulatory loophole could lead to significant job reductions and plant shutdowns, threatening the industry's stability and economic impact.
Historic Denby Pottery has called in administrators, putting its 200-year legacy and jobs at risk amid financial struggles and market pressures.
British Steel is poised for full nationalisation within weeks, a year after the UK government took over daily operations from Chinese owner Jingye amid closure fears at the Scunthorpe plant.
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The UK government plans to invest up to £2.5 billion in the steel industry while targeting 50% domestic sourcing of steel used nationally. This move signals a shift toward industrial strategy amid broader economic debates on productivity and trade deficit
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The UK steel industry faces uncertainty with British Steel's fate unresolved, taxpayer bills rising, and a new government strategy offering limited solutions. Meanwhile, Thames Water rescue talks continue amid energy security concerns.
UK manufacturing faces a precarious outlook with just 1% growth projected for 2026, as the Iran conflict threatens to spike energy costs and squeeze business margins.
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UK manufacturing exports reach highest level in four and a half years, with PMI rising to 51.7 in February, despite ongoing employment declines across the sector.
Rolls-Royce reports underlying profits of £3.5bn for 2025, a 40% increase, driven by booming demand for datacentre power and strong aerospace performance.
The luxury carmaker Aston Martin Lagonda is cutting its workforce by 20% to save £40m, following widened pre-tax losses of £363.9m for 2025. The company, majority-owned by Canadian billionaire Lawrence Stroll, faces pressure from US tariffs and weak deman
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