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Manufacturing

  • Porsche defies economic gravity as luxury cars outpace recession fears

    October 25, 2023

    Porsche reported a jump in sales and profits thanks to strong performances from its bestselling Cayenne series and all-electric Taycan.

  • Sector and unions welcome Labour plans to invest £3bn in UK steel industry

    October 23, 2023

    If Labour is elected, the party says the UK's steel industry can expect a £3bn investment.

  • JCB’s Bamford Brothers ‘could owe as much as £500m’ in HMRC probe: reports

    October 23, 2023

    Prominent Tory donors and JCB owners Anthony and Mark Bamford may have to foot a bill of over £500m to resolve a three-year long investigation by HM Revenue and Customs (HMRC). 

  • Seraphim Space fund’s value falls back down to earth as share price tanked this year

    October 17, 2023

    Seraphim Space Investment Trust (SSIT) has posted a decline in its net asset value as shares remain stuck in a rut.

  • Car industry plan could create 80,000 jobs, Labour says

    October 10, 2023

    Labour have unveiled their plans for the car industry which they say could create 80,000 jobs, Jonathan Reynolds has said.

  • Bezos chases Musk: Amazon to launch first satellites into space in global internet mission

    October 6, 2023

    Amazon is set to launch its first satellites into space as part of a mission to bring fast internet connection to all corners of the globe. The multinational technology giant will launch two test satellites from a space station in Florida on Friday afternoon. It is part of mission, called Project Kuiper, to bring fast [...]

  • Manufacturing slide continues in wake of market uncertainty

    October 2, 2023

    Rob Dobson, director at S&P Global Market Intelligence, said: “September saw the manufacturing sector still mired in contraction territory, as weak conditions at home and abroad hit new order intakes and led to a further scaling back of production volumes."

  • China: Manufacturing activity returns to expansion amid hopes economy is stabilising

    September 30, 2023

    China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.

  • Manufacturing downturn continues as firms warn selling prices will creep up

    September 22, 2023

    Output fell in nine out of 17 sub-sectors in the three months to September, with particularly sharp declines in transport equipment, chemicals and paper.

  • UK firms in the dark over regulatory ‘avalanche’ for EU trade, report warns

    September 7, 2023

    Most businesses are in the dark about a looming “avalanche” of changes in EU/UK trade regulations, an industry group is warning.

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