Rolls-Royce Profits Jump 40% on AI Datacentre Boom
Rolls-Royce reports underlying profits of £3.5bn for 2025, a 40% increase, driven by booming demand for datacentre power and strong aerospace performance.
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
Italian supercar maker Lamborghini cancels its all-electric Lanzador concept, citing weak EV demand from wealthy customers who miss engine noise. The company will focus exclusively on plug-in hybrids by 2030.
A joint report by CBI and Energy UK reveals that 40% of UK businesses have reduced investment due to persistently high energy costs, putting the nation's manufacturing sector at risk of decline and offshoring.
The Confederation of British Industry reports ongoing challenges for UK manufacturers, including declining orders and persistent cost pressures, signaling a tough economic outlook for the sector.
Norwegian green steel group Blastr is among bidders for Speciality Steels UK, Britain's third-largest steel producer, which collapsed into liquidation last summer. The deal could reshape the UK's struggling steel sector.
UK manufacturing output dropped by 14% in the three months to February, with 13 of 17 subsectors reporting declines. Industry leaders cite high energy costs and challenging international trade conditions as key factors.
British Steel secures an eight-figure contract to supply rail for Turkey's high-speed line, creating 23 jobs and restarting 24/7 production in Scunthorpe, despite ongoing financial challenges.
A letter argues that Britain's manufacturing revival depends on changing perceptions of manual labor and improving government support for production and exports.
Experts question UK government's approval of export licence for British firm Cygnet Texkimp to supply machinery to Armenian company Rydena, whose executives have ties to sanctioned Russian military supplier Umatex.
The future of British Steel's Scunthorpe plant remains uncertain as the UK government and owner Jingye Group explore options, raising concerns over jobs and the UK's industrial strategy.
Analysis of how Britain can revitalise its industrial base by adopting strategies from developing economies, with insights from China's economic transformation.
UK manufacturing PMI hits highest level since August 2024 as export orders rise for first time in four years, boosting economic optimism ahead of Bank of England decision.
UK manufacturing output hits 17-month high while employment declines, creating productivity paradox amid trade focus and cost pressures.
Chinese automotive giant Chery is launching a European headquarters in Liverpool, with discussions underway for Jaguar Land Rover to manufacture its electric vehicles in the UK.
Industry boss Mike Hawes says UK likely needs a large new factory to meet Labour's target of 1.3 million cars annually by 2035, as production hits lowest since 1952.
The Volkswagen Passat Estate returns for 2026, now exclusively as an estate, sharing its platform with the Skoda Superb but offering a more premium interior and refined driving experience.
A critical cash shortage at Liberty Steel's Dalzell plant in Scotland is jeopardising steel supply for three new Royal Navy support ships. Calls grow for state intervention as production stalls.
The potential shutdown of a key Cheshire salt plant could end centuries of UK self-sufficiency, marking a watershed moment for the nation's crumbling chemical industry. Read the full investigation.
Britain faces importing salt for the first time in modern history as its chemical sector, once a world leader, suffers an unprecedented collapse. Key plants are closing, threatening national security and supply chains.
A new IPPR report warns over-reliance on China for EV batteries and solar components could cost 90,000 UK jobs and £1.5bn annually. The thinktank urges 'securonomics' policy.
A US-based NGO alleges a Pop Mart supplier exploits workers, including minors, to meet soaring Labubu demand. The company says it is investigating. Read the full report.
UK manufacturers warn of a competitiveness 'tipping point' due to rising costs, urging the Labour government to deliver on its industrial strategy to prevent investment fleeing overseas.
Key surveys reveal a sharp drop in UK business confidence and hiring at the end of 2025, despite PM's optimism. Manufacturers see hope but warn of a 'tipping point' for investment.
Leonardo Helicopters warns its Yeovil factory could close, risking 3,000 skilled jobs, unless the Ministry of Defence signs a crucial £1bn new medium helicopter contract by March.
Morrisons announces closure of 100-year-old Rathbones Bakery in Wakefield, risking 115 jobs. The site had narrowly avoided closure in 2024. Read the full story.
Arabian Gulf Steel Industries is in talks to buy the insolvent Speciality Steels UK. The deal could save 1,500 jobs and reshape Britain's steel industry. Read the latest developments.
Britain's foundational industries are in crisis, with jobs halving since 2000. High energy costs and policy are to blame. We must revive this vital sector as a national priority. Read the full analysis.
Hyundai announces a bold plan to staff its factories with Boston Dynamics' Atlas humanoid robots, starting in 2028. Discover how this will transform manufacturing and the future of human-robot collaboration.
Jaguar Land Rover's wholesale sales plummeted 43.3% last quarter after a cyber-attack halted global production and US tariffs bit. Read the full impact on the UK car giant.