New CBI survey reveals strongest UK business optimism since early 2024, with manufacturing and services sectors leading growth. Inflation expectations ease as Bank of England faces policy dilemma.
British sports car maker Lotus is slashing a significant number of jobs at its UK headquarters, citing the severe impact of new US tariffs. The move sends shockwaves through the already struggling British automotive sector.
In a stunning revival, a beloved British car marque is poised for a dramatic comeback, with plans to resurrect its iconic miniature vehicles, safeguarding UK jobs and electrifying the automotive industry.
Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.
UK car manufacturing roared back to life in February with a 10% year-on-year increase. Driven by soaring demand for electric vehicles and robust exports, the industry signals a strong recovery, though domestic market challenges remain.
Ford Motor Company announces significant job cuts, eliminating 1,400 positions across Michigan and New York as part of its strategic shift toward electric vehicle production.
US safety regulators have launched an investigation into potential engine failures affecting more than 1.7 million Honda and Acura vehicles. The probe centres on dangerous stalling risks linked to serious manufacturing defects.
A massive lithium reservoir discovered in Pennsylvania could end America's reliance on foreign supplies, power the electric vehicle revolution, and dramatically cut battery costs, according to a groundbreaking new study.
Former President Donald Trump proposes a staggering 200% tariff on Chinese magnets, a move industry leaders warn could cripple US automotive manufacturing and trigger widespread plant closures.
Exclusive: Major investment in UK battery production set to create thousands of jobs and secure Britain's electric vehicle future, boosting economy and energy security.
A landmark US manufacturing firm closes its California factory after 78 years, laying off hundreds of workers and dealing a severe blow to the state's industrial sector amid a growing business exodus.
Taiwanese tech giant Foxconn partners with NVIDIA to construct a colossal new AI data centre, boosting the island's status as a global tech hub amidst ongoing political pressures from China.
The dramatic collapse of Sanjeev Gupta's GFG Alliance, from its Yorkshire roots to its global ambitions, is a cautionary tale of debt, hubris, and the high-stakes world of industrial finance.
Sheffield-based Speciality Steel UK enters administration, putting over 100 skilled jobs at risk and dealing a severe blow to Britain's historic steel heartland.
The UK government has approved a landmark £1.25bn investment for a new electric arc furnace at British Steel's Rotherham plant, safeguarding over 2000 local jobs and boosting the UK's green steel production.
In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi
Exclusive insights from Day Two of the UK's Economic Reform Roundtable reveal a landmark consensus on deregulation, skills investment, and a new 'Brexit Dividend' for British industry. Discover the five key takeaways shaping Britain's economic future.
Former US President Donald Trump's push for a major UK-US defence partnership culminates in a multi-billion pound contract for BAE Systems to supply next-generation amphibious vehicles to the US Army, boosting British manufacturing and jobs.
A Boeing 747 cargo plane was forced into a dramatic emergency landing at Manchester Airport after a catastrophic engine failure and fire erupted moments after takeoff. Shocking footage captures the blaze as the aircraft circles to dump fuel.
Industrialist Sanjeev Gupta is preparing a final attempt to salvage Liberty Steel’s specialty division, as creditors and regulators close in. Will his strategy be enough to save jobs and stabilise the business?
A small plane made an emergency landing on a golf course in Florida, narrowly avoiding disaster as it came down just metres from nearby houses. The pilot and passenger walked away unharmed.
Intel's stock price skyrocketed following reports that the Trump administration is exploring a potential stake in the semiconductor giant. Here’s why this move could reshape the tech industry.
Dramatic police bodycam footage reveals the harrowing moments after a small plane crashed in Florida, claiming the lives of all four passengers on board.
A seasoned pilot shares insider tips on the worst place to sit on a plane for turbulence and noise—plus the best seat for a peaceful journey.
Shocking footage captures the moment a Boeing 747 cargo plane's wing scrapes the runway as it struggles to land in severe typhoon conditions in Taiwan. The dramatic incident has raised concerns about aviation safety during extreme weather.
The UK's automotive sector urges immediate government action to secure investment and prevent major manufacturers like Nissan from leaving Britain.
Nissan commits to long-term investment in its Sunderland plant, safeguarding thousands of jobs and boosting the UK automotive sector post-Brexit.
A bizarre incident in California saw a stolen plane returned undamaged, leaving authorities and locals baffled. Discover the strange details behind this aviation mystery.
A new Yale analysis shows that Donald Trump's trade tariffs failed to boost US manufacturing jobs and instead raised consumer prices, contributing to inflation.
Jaguar Land Rover (JLR) reports a sharp decline in profits due to rising tariffs and sluggish sales. The iconic British brand faces challenges in key markets, including China and Europe. Can it recover?