UK Industry Energy Crisis: Urgent Action Needed
UK manufacturers face devastating energy costs as key factories close. The government's delayed support scheme must be fast-tracked to prevent further deindustrialisation.
UK manufacturers face devastating energy costs as key factories close. The government's delayed support scheme must be fast-tracked to prevent further deindustrialisation.
UK manufacturing output falls at its fastest rate since the pandemic, new CBI data reveals. As the Budget looms, the sector pleads for certainty. Read the full analysis.
ExxonMobil confirms closure of its Fife Ethylene Plant near Cowdenbeath, blaming UK government policy and high costs. Up to 450 jobs at risk. Discover the full impact.
ExxonMobil announces the closure of its Fife Ethylene Plant in Mossmorran, risking 429 jobs. The shutdown, blamed on economic pressures, deals a major blow to Scotland's manufacturing sector.
Business Secretary Peter Kyle supports shift to cleaner electric technology at Scunthorpe plant, securing jobs while raising questions about traditional blast furnaces.
Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.
Sanjeev Gupta's Liberty Steel is under investigation in Romania for embezzlement and tax evasion. The probe adds to the tycoon's troubles following the loss of his key UK operation. Read the latest developments.
The UK economy expanded by just 0.1% in Q3 2024, with September GDP falling 0.1% after a crippling cyber-attack on Jaguar Land Rover slashed car production to a 73-year low. Discover the full economic impact.
Japanese firm NSK plans to shut its Peterlee factories, placing hundreds of jobs at risk. The union vows to fight the closure. Read the full story.
Japanese firm NSK plans to shut its County Durham factory, risking hundreds of jobs. The automotive bearings plant has become unprofitable. Read the full story.
Ineos accuses the EU of 'industrial self-harm' as it files ten anti-dumping cases against low-cost Asian imports, warning of plant closures and job losses.
The Netherlands blocks China's Nexperia from acquiring Nowi, triggering a semiconductor crisis that could paralyse European car manufacturing and escalate global tech tensions.
Britain's automotive giant Jaguar Land Rover is driving a manufacturing surge, with new data revealing the sector's fastest growth in nearly 18 months. Discover how JLR's expansion is powering the UK's industrial recovery.
Rachel Reeves's first budget faces industry backlash as manufacturers warn new policies could undermine Britain's industrial strategy and investment climate.
OPEC+ halts planned oil output increases, sending crude prices soaring above $84. Meanwhile, UK manufacturing activity contracts for the 29th consecutive month amid ongoing economic pressures.
Major European chipmaker Nexperia suspends deliveries to Chinese customers, threatening global car manufacturing and escalating tech trade tensions.
Major European automotive manufacturers confront production paralysis as critical Chinese computer chips face potential EU tariffs, threatening vehicle supply chains across the continent.