Rolls-Royce Profits Soar £1bn on Defence and Data Centre Growth
Rolls-Royce reports a 40% profit increase to £3.5 billion for 2025, driven by major UK and US defence contracts and rising data centre power demand, with upgraded outlook through 2028.
Category : Manufacturing
Rolls-Royce Profits Jump £1 Billion on Defence Orders
Rolls-Royce reports a 40% profit surge to £3.5 billion, driven by major defence contracts and rising data centre power needs, with upgraded future outlook.
Molson Coors Closes Sharps Brewery, Doom Bar Production Ends
Molson Coors has permanently closed the Sharps Brewery in Cornwall, ceasing production of the iconic Doom Bar ale. The closure marks the end of an era for the historic brewery, impacting local jobs and the UK beer industry.
Molson Coors Closes Sharp's Brewery, 200 Jobs at Risk
US-Canadian drinks giant Molson Coors announces closure of Sharp's Brewery in Cornwall and UK contact centre in Cardiff, putting approximately 200 jobs at risk due to financial unsustainability and digital shift.
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Molson Coors Shuts Sharp's Brewery, 200 Jobs at Risk
Molson Coors announces closure of Sharp's Brewery in Cornwall and UK contact centre in Cardiff by end of 2026, putting approximately 200 jobs at risk due to financial unsustainability.
Sharp's Brewery, Maker of Doom Bar Ale, to Close
Sharp's Brewery in Cornwall, producer of the UK's best-selling cask ale Doom Bar, is set to shut down following an announcement by its US owner Molson Coors.
Aston Martin Cuts 600 Jobs to Save £40m Amid Tariff Woes
Luxury car maker Aston Martin is cutting nearly 600 jobs, about 20% of its global workforce, to save £40m after reporting widened annual losses of £363.9m, with UK staff most affected.
On Running Launches Robot Factory in South Korea for Shoe Production
Sportswear brand On Running has opened a robot-powered factory in Busan, South Korea, aiming to accelerate production, reduce environmental impact, and counter supply chain pressures through nearshoring.
Aston Martin Slashes 600 Jobs as US Tariffs Hit Sales
Luxury car maker Aston Martin is cutting up to 20% of its global workforce, around 600 jobs, as it faces £363.9 million losses and pressure from US tariffs. The firm aims to save £40 million.
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Aston Martin Cuts 20% of Workforce After £363.9m Loss
Aston Martin announces a 20% workforce reduction to save £40m, following pre-tax losses of £363.9m in 2025, driven by US tariffs and weak demand.
Aston Martin Cuts 20% of Jobs as Losses Widen
Luxury car manufacturer Aston Martin Lagonda announces plans to axe up to 600 jobs, representing 20% of its global workforce, following a year of significant financial losses and challenging market conditions.
Aston Martin to Cut Hundreds of Jobs in Cost-Saving Move
Luxury carmaker Aston Martin confirms plans to axe up to 20% of its workforce, affecting hundreds of jobs, as it seeks to save £40 million amid financial losses and external pressures.
Apple Moves Mac Mini Production to Texas After Trump Drive
Apple announces relocation of Mac mini desktop computer manufacturing to Houston, Texas, as part of its $600 billion U.S. investment pledge. CEO Tim Cook cites expansion in Houston facility starting later this year.
Ford Recalls 412,774 Explorer SUVs Over Suspension Issue
Ford issues major recall for 2017-2019 Explorer SUVs due to dangerous suspension defect that could cause steering failure and increase crash risk.
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JRM Advanced Engineering Enters Administration
Northamptonshire-based JRM Advanced Engineering, a major UK manufacturing firm that worked with Jaguar Land Rover and Nissan, has entered administration and is seeking a buyer.
JRM Advanced Engineering Enters Administration, Seeks Buyer
JRM Advanced Engineering, a UK manufacturing firm that worked with Jaguar Land Rover and Nissan, has entered administration and is now seeking a buyer, potentially affecting staff and operations.
Volvo Recalls 40,000 EX30 EVs Over Battery Fire Risk
Volvo Cars is recalling over 40,000 EX30 electric SUVs due to battery overheating risks, potentially costing millions and damaging its safety brand. The recall involves replacing modules in high-voltage packs.
Honda Recalls 46,000 Civics Over Wheel Safety Concerns
Honda issues a major recall for 46,152 Civic models from 2017-2021 due to improperly fitted wheels that could detach, with European Commission details revealing the fault.
Car Repair Crisis: Skills Shortage Threatens UK Industry
A severe skills shortage in the UK's £35bn car repair sector could leave drivers stranded for weeks. AutoRaise charity pushes apprenticeships to attract young talent.
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Drillympics Crowns Makita Champion: Ultimate Drill Test
The Drillympics competition tested cordless drills through DIY challenges, revealing Makita DHP490Z as the champion. Discover performance insights and sustainable subscription tips.
Lamborghini Abandons EV Plans for Hybrid Strategy
Italian supercar maker Lamborghini cancels its all-electric Lanzador concept, shifting entirely to plug-in hybrids by 2030 due to weak EV demand among luxury buyers.
UK Manufacturing at Risk from Soaring Energy Prices
A report by the CBI and Energy UK reveals that 40% of firms have cut investment due to high energy costs, risking the UK's manufacturing status and economic growth.
UK Textile Industry: Decline, Fast Fashion Impact, and Local Revival
The UK's textile industry, once a global powerhouse, faced severe decline due to fast fashion and offshoring. Now, a consumer-led shift towards sustainability is driving a 13% resurgence in UK garment manufacturing.
Sagrada Familia's Central Tower Completed After 144 Years
The final piece of the central tower of Barcelona's Sagrada Familia has been installed, bringing Antoni Gaudí's masterpiece to its maximum final height of 172.5 metres, 144 years after construction began.
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Honda Recalls 40,000 Cars Over Wheel Fault in UK
Honda is recalling more than 40,000 vehicles in the UK after the EU Commission identified a major safety issue where wheels could detach due to improperly tightened nuts.
Aston Martin's Fifth Profit Warning and £50m F1 Deal
Struggling British carmaker Aston Martin warns 2025 profits will be worse than expected, its fifth such alert since September 2024, and sells permanent F1 naming rights for £50m to shore up finances.
Best Cordless Drills for DIY and Home Renovation in the UK
Discover the top cordless drills for DIY and home renovation in the UK, rigorously tested in our Drillympic Games. From budget picks to premium models, find the perfect tool for your projects.
Aston Martin Profit Warning Due to US Tariffs and F1 Rights Sale
Aston Martin warns of lower-than-expected profits for 2025 due to falling sales and US tariffs, while securing £50 million from F1 naming rights sale to shore up finances.
UK Manufacturing Struggles with Low Orders and Rising Prices
A CBI survey shows British manufacturing orders remain below average, with firms expecting to raise prices and output to decline amid ongoing economic challenges.
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Orbex Space Rocket Company Enters Administration
Scottish space rocket manufacturer Orbex has entered administration after unsuccessful fundraising efforts, putting 163 jobs at risk and halting planned test launches of its Prime microlauncher.
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