‘The race is on!’: British aerospace firm Orbex ready for liftoff after opening London office Tech Demand for satellites is rapidly increasing, with a shift from a few stationary ones to thousands in low Earth orbit, where much higher speed communication is possible
Renold on the hunt for acquisitions after record results Business Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.
Waitrose wine favourite puts vineyard up for sale BUSINESS A British rosé producer which supplies Waitrose has been put up its business and 33-are vineyard up for sale.
Omega: Kitchen maker says slip into the red was ‘outside its control’ July 11, 2024 British kitchen maker Omega has slipped into the red following a year marred by challenges "outside the company's control", according to newly-filed documents.
Village Bakery: Private equity owner sells business to French bread maker July 10, 2024 The private equity firm behind Village Bakery, which supplies the likes of Tesco, Aldi and Five Guys, has sold its controlling stake in the firm to a French giant.
John Deere’s UK profit triples as sales soar by almost £100m July 9, 2024 The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.
Michelin nearly doubles UK profit as tyre price rises accelerate sales July 3, 2024 The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.
Beer giant Budweiser signs major San Miguel deal July 2, 2024 The maker of Budweiser has signed a deal to brew San Miguel in the UK.
Sweet success for Haribo as UK sales hit record high thanks to new products July 2, 2024 The UK arm of gummy confectionery giant Haribo, which also makes Maoam chews, has achieved record sales for the second year in a row as a string of new seasonal product launches continued to tempt consumers.
CML Microsystems: High-spend customers not enough to prevent profit dip July 2, 2024 Semiconductor designer CML Microsystems has seen its revenue jump after it quadrupled the number of high-spend customers on its books.