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...A new Big Read discusses what’s next as the country tries to reduce its dependence on manufacturing....
...This could help secure the future of the [Derby] Litchurch Lane site,” Alstom said in a statement....
...“We have worked constructively with the government on securing a sustainable future for Derby Litchurch Lane, but after 10 months of discussions we have run out of time, and the production lines have stopped...
...Train companies are technically in charge of making rolling stock orders, but their budgets for these are set by the government....
...“A company in China is going to provide us with the technology and help us really get a foothold on manufacturing here,” he said....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...In a speech in New York shortly before the PMI data was released, ECB chief economist Philip Lane said that risks to economic growth were “tilted to the downside”, with manufacturing activity “set to remain...
...It should be obvious that price pressures are related to profit dynamics as well as wage and input costs (and company and production taxes)....
...From this weekend, it’s clear that’s not happening,” said Stephen Kelly, head of trade group Manufacturing NI....
...The Houthis fired their latest missile at about 1.45pm local time into “international shipping lanes” in the southern Red Sea, according to the US Central Command....
...The US’s capacity to maintain open sea lanes will be stretched if blockages become more politically-motivated and long-lasting....
...“The IRA subsidies are hugely lucrative, but they’re still not enough to compete against cheap imports,” said one analyst, adding that a “new protectionist measure” would be necessary to make US manufacturing...
...Philip Lane, ECB chief economist, said recently: “By our June meeting, we will have those important data.”...
...What Northern Ireland needs more is advanced manufacturing and logistics, experts say....
...The managing director of Carr & Carr, a family building firm based in Lincolnshire, says confidence was “wiped out” by Truss’s “mini” Budget last year and a succession of interest-rate rises have compounded...
...This would cut the cost of manufacturing, he added, but was likely to make it “hard to scale”. Elon Musk seems to agree....
...What’s more, the complaint says, “Chinese companies — primarily state-owned companies — have become leaders in financing, building, operating and owning port terminals around the world.”...
...It has a manufacturing cost advantage of perhaps 20 to 25 per cent....
...It means reducing engineering facilities, tooling and manufacturing costs.”...
...As was Brick Lane before the internet.” What’s on show is just the tip of the iceberg. “You’ve got a storage facility in Reading,” his wife prompts. “He’s got a chair obsession....
...Danielle Lane, director of development for the UK and Ireland at German wind group RWE, says lead times for HVDC converter stations have jumped to up to seven years....
...Economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Murphy’s company will need to use the red lane because its supply chain and sales are in both the UK and EU....
...But data published by the Office for National Statistics last month showed that, once oil and gas producers were excluded, the profitability of UK manufacturing and service companies fell between the first...
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