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...and Trade said: “We have offered British Steel a generous support package including more than £300mn of investment for them to cut emissions, help safeguard jobs and create a positive future for steel production...
...The US and UK still dominate commercial jet engine production, said Richard Aboulafia, managing director of AeroDynamic Advisory....
...Carmakers typically need a production run of at least 100,000 vehicles a year to justify building a plant....
...Can the UK become a more competitive manufacturing location for luxury fashion brands?...
...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...In Derby, Nick Crossfield, managing director of Alstom UK, warned the plant was on the brink of stopping production....
...positioned to create significant value” from its portfolio as the global economy decarbonises and consumes more copper, said Chambers on Friday, pointing out that copper makes up 30 per cent of the group’s production...
...Cost savings from copper look unlikely, except perhaps from marketing 40 per cent more copper production....
...Sellafield Ltd, which is owned by the UK’s Nuclear Decommissioning Authority, is in charge of cleaning up and looking after the Sellafield nuclear waste facility in West Cumbria, north-west England....
...Stellantis secured about £30mn of UK state support in 2021 as part of a £100mn investment to transform Ellesmere Port to EV production....
...Vauxhall owner Stellantis will begin making its range of mid-size electric vans in the UK for the first time from next year, in the latest example of UK automakers “reshoring” production....
...“They have stolen our money,” Mantashe said in 2013, after Amplats announced a cut of 400,000 ounces in platinum production, threatening to revoke licences of the company that remains one of the country’...
...“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...
...The Indian steelmaker intends to replace its traditional blast furnaces with an electric arc furnace, a lower-carbon production method that requires a much smaller workforce....
...Its shares suffered their worst one-day fall in 15 years in December because of bumper downgrades to its production forecasts, making Anglo cheap relative to its rivals....
...Mentioned in this podcast: TSMC boosts Joe Biden’s AI chip ambitions with $11.6bn US production deal US, UK and Australia say Japan could join part of Aukus pact Regulator seeks to quell public anger...
...Need to know: UK and Europe economy The UK Post Office Horizon public inquiry resumes tomorrow, the penultimate phase of the probe into one of the country’s biggest miscarriages of justice....
...Aston Martin has named Bentley CEO Adrian Hallmark as its next chief executive, the third change of leadership at the UK luxury-car maker in the space of four years....
..., a UK-based cobalt trader....
...Bentley said profits in 2022 were boosted by unusually high production levels, as it also pushed back its electrification programme on Tuesday amid higher than expected demand for hybrid cars....
...Sheikh Mansour owns Premier League football club Manchester City, while RedBird IMI last month agreed to buy a British television production company, All3Media, for more than £1.1bn....
.... ★★★★★ barbican.org.uk A week after the debacle of its production of Puccini’s Manon Lescaut, English Touring Opera is soldiering on....
...AI boom (Nikkei Asia) South Korea stocks see record foreign buying on appetite for chips (Nikkei Asia) Chinese robot maker says protectionism will not stop its march (FT) Japan Inc races to join US, UK...
...The UK production company behind the television series Formula One: Drive To Survive is poised to announce a fundraising worth tens of millions of pounds from a US investment group to help fund its expansion...
...Nissan will benefit from having a large production base in the region....
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