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.... The reopening brings back the same number of jobs over the next five years as were lost in the closure. The investment, which is also backed by £550,000 from the Welsh government, comes at a time when manufacturers face growing uncertainty over Brexit. ... [Read full article on Guardian ]
Sunday 17th of September 2017 11:01:53 PM
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. The Taiwanese smartphone and virtual reality headset manufacturer HTC will halt shares from Thursday, pending the “release of material information” following media reports of a purchase by Google’s parent, Alphabet. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 01:14:52 PM
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.... Ministers are expected to lay out their intentions later this autumn. Rolls-Royce, Britain’s leading multinational manufacturer, last week added to pressure on the government to give industry clarity on its plans for the mini nuclear power stations. ... [Read full article on Guardian ]
Sunday 17th of September 2017 11:01:53 PM
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. India’s Tata Steel has paved the way for a merger of its European operations with the German steel manufacturer ThyssenKrupp, creating Europe’s second largest steel group after ArcelorMittal. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 07:49:04 AM
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....The reduction and reorientation of trade is “likely to weigh on productivity for some time”, he said, while the actual impact will depend on how quickly any lost access to Europe is replaced by other arrangements. The governor also pointed to an increase in UK exports that only go to manufacturers in the EU, before being sold on to end buyers. ... [Read full article on Guardian ]
Monday 18th of September 2017 03:36:20 PM
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....British factory orders grew in September at their weakest rate since April as rising import costs and uncertainty surrounding Brexit negotiations dented business confidence. The CBI said its monthly survey of manufacturers revealed a slowdown in orders that dragged back its measure for new contracts to +7 from +13 in August. ... [Read full article on Guardian ]
Friday 22nd of September 2017 05:40:43 PM
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....In my first business [the French e-commerce site Myfab, launched in 2007] we were selling everything from fashion to electronics and I saw that our sales of furniture were really taking off. A friend in China who was a furniture manufacturer told me he would sell a sofa for £400 to agents, who would then re-sell it to a wholesaler in Europe, but when it eventually came to the store the price tag was outrageous. ... [Read full article on Guardian ]
Monday 18th of September 2017 06:00:02 AM
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....”. A spokesman for the Food and Drink Federation, which represents food and non-alcoholic drinks manufacturers, said the government needed to map out a plan for the UK labour market post-Brexit. ... [Read full article on Guardian ]
Saturday 23rd of September 2017 07:29:24 PM
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....Manufacturers must stop making fridges and freezers with potentially flammable plastic backing, a consumer group has warned. Which? has written to manufacturers to urge them to stop using non-flame-retardant backing on fridges, freezers and fridge freezers, as it described the current British standard on cold appliances as deficient and inadequate. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 11:01:18 PM
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....4l Golf TSI. When asked why, the salesman said it was because the finance package was put together by the German manufacturer’s own credit lending arm to encourage sales. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:24 PM
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....There is concern at the Bank of England that lending for car purchases – already at £58bn – is entering risk territory. Three of the Bank’s regional agents said recently in a blog: “Car manufacturers and their finance houses are increasingly stimulating private demand by offering cheaper (and new) forms of car finance. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:45 PM
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Latest Finance News related to Manufacturer

New Brexit rules ‘could lead to unskilled workforce crisis’ image
Source : Guardian [Read Article] Saturday 23rd of September 2017 07:29:24 PM
....”. A spokesman for the Food and Drink Federation, which represents food and non-alcoholic drinks manufacturers, said the government needed to map out a plan for the UK labour market post-Brexit. ...
Factory orders fall due to rising import costs and Brexit uncertainty image
Source : Guardian [Read Article] Friday 22nd of September 2017 05:40:43 PM
....British factory orders grew in September at their weakest rate since April as rising import costs and uncertainty surrounding Brexit negotiations dented business confidence. The CBI said its monthly survey of manufacturers revealed a slowdown in orders that dragged back its measure for new contracts to +7 from +13 in August. ...
Which? demands end of flammable plastic backing on fridges image
Source : Guardian [Read Article] Wednesday 20th of September 2017 11:01:18 PM
....Manufacturers must stop making fridges and freezers with potentially flammable plastic backing, a consumer group has warned. Which? has written to manufacturers to urge them to stop using non-flame-retardant backing on fridges, freezers and fridge freezers, as it described the current British standard on cold appliances as deficient and inadequate. ...
HTC suspends shares in wake of Alphabet takeover rumours image
Source : Guardian [Read Article] Wednesday 20th of September 2017 01:14:52 PM
. The Taiwanese smartphone and virtual reality headset manufacturer HTC will halt shares from Thursday, pending the “release of material information” following media reports of a purchase by Google’s parent, Alphabet. ...
How to look after your car and reduce depreciation cost image
Source : Daily Express [Read Article] Wednesday 20th of September 2017 08:31:00 AM
....Director Ben Wooltorton said cars with good fuel economy are desirable and hold value better, as do those with a reputation for reliability. Those with a long manufacturer’s warranty also attract a higher resale value. ...
Tata Steel to merge European operations with ThyssenKrupp image
Source : Guardian [Read Article] Wednesday 20th of September 2017 07:49:04 AM
. India’s Tata Steel has paved the way for a merger of its European operations with the German steel manufacturer ThyssenKrupp, creating Europe’s second largest steel group after ArcelorMittal. ...
What you need to know about car loans image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:45 PM
....There is concern at the Bank of England that lending for car purchases – already at £58bn – is entering risk territory. Three of the Bank’s regional agents said recently in a blog: “Car manufacturers and their finance houses are increasingly stimulating private demand by offering cheaper (and new) forms of car finance. ...
Car finance: the fast lane to debt? image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:24 PM
....4l Golf TSI. When asked why, the salesman said it was because the finance package was put together by the German manufacturer’s own credit lending arm to encourage sales. ...
Fall in migration after Brexit could push up inflation, says Carney image
Source : Guardian [Read Article] Monday 18th of September 2017 03:36:20 PM
....The reduction and reorientation of trade is “likely to weigh on productivity for some time”, he said, while the actual impact will depend on how quickly any lost access to Europe is replaced by other arrangements. The governor also pointed to an increase in UK exports that only go to manufacturers in the EU, before being sold on to end buyers. ...
Made.com founder: 'We want to be the new Ikea' image
Source : Guardian [Read Article] Monday 18th of September 2017 06:00:02 AM
....In my first business [the French e-commerce site Myfab, launched in 2007] we were selling everything from fashion to electronics and I saw that our sales of furniture were really taking off. A friend in China who was a furniture manufacturer told me he would sell a sofa for £400 to agents, who would then re-sell it to a wholesaler in Europe, but when it eventually came to the store the price tag was outrageous. ...
South Wales aluminium factory to manufacture low-emission taxi image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
.... The reopening brings back the same number of jobs over the next five years as were lost in the closure. The investment, which is also backed by £550,000 from the Welsh government, comes at a time when manufacturers face growing uncertainty over Brexit. ...
Most Britons 'dislike prospect of living near mini nuclear station' image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
.... Ministers are expected to lay out their intentions later this autumn. Rolls-Royce, Britain’s leading multinational manufacturer, last week added to pressure on the government to give industry clarity on its plans for the mini nuclear power stations. ...
Former BHS owner could face fine if the charges stick image
Source : Guardian [Read Article] Sunday 17th of September 2017 09:31:18 AM
....The company has already had to insist that the plan to build the new vehicle is not a vanity project by Ratcliffe and instead a business opportunity to appeal to the markets who would have bought the discontinued vehicle, such as farmers, foresters, explorers and enthusiasts. The manufacturers want to sell the 4x4 for less than £50,000, manufacture it in the UK and have the first cars potentially available from 2020. ...
Crisis in Toyland: how the shift online places our childhood favourites in peril image
....Some of Toytown’s favourite characters are in trouble. The news that Toys R Us, the world’s biggest toy retailer, could be facing bankruptcy followed hot on the heels of the announcement from Lego, the world’s most profitable toy manufacturer, that the first half of this year had seen it suffer the first fall in global sales for more than a decade. ...
Food brands 'cheat' eastern European shoppers with inferior products image
Source : Guardian [Read Article] Friday 15th of September 2017 04:00:47 PM
....“We are active proponents of the single market and the free circulation of goods in particular. Within this frame, it is normal practice that manufacturers source ingredients locally and adapt to local tastes. ...
Driving force: are electric cars crowding out traditional engines? image
Source : Guardian [Read Article] Friday 15th of September 2017 01:35:15 PM
....When Angela Merkel addressed the Frankfurt motor show, it was not to a backdrop of revving engines but an exhibition of noiseless electric Golfs, South Korean hybrids and Japanese fuel-cell cars. The silence should have pleased the chancellor, who in the wake of the VW emissions scandal has hinted at a possible ban on sales of the diesel cars for which German manufacturers are renowned. ...
Elon Musk: Tesla electric lorry to be unveiled in late October image
Source : Guardian [Read Article] Thursday 14th of September 2017 11:39:29 AM
.... Tesla has been seeking to test its electric trucks in Nevada and California. The UK Government said new vehicles driven by diesel and petrol engines will be banned from 2040 as part of efforts to tackle air pollution, forcing automotive manufacturers to consider electrification as well as alternative fuel sources such as hydrogen. ...
Tobacco company launches foundation to stub out smoking image
Source : Guardian [Read Article] Wednesday 13th of September 2017 04:12:12 PM
.... “The tobacco industry has a terrible track record of funding research designed to support its efforts to block policies to cut smoking. Only recently, Mr Justice Green, who found against the tobacco manufacturers in the UK standard packs court case, concluded that the industry research evidence ‘fell significantly below internationally accepted best practice’. ...
China to ban production of petrol and diesel cars 'in the near future' image
Source : Guardian [Read Article] Monday 11th of September 2017 04:52:23 AM
....The sale of new energy vehicles topped 500,000 in the world’s second-largest economy in 2016, over 50% more than the previous year, according to national industry figures. The government introduced in June a draft regulation to compel vehicle manufacturers to produce more electrically powered vehicles by 2020 through a complex quota system. ...
The Observer view on controlling the power of digital titans | Observer editorial image
....Apple is one of the better in class. It is a manufacturer and service provider and less able to create an impregnable market position than, say, Facebook or Google. ...
British arms sales to repressive regimes soar to £5bn since election image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:04:21 PM
. UK arms manufacturers have exported almost £5bn worth of weapons to countries that are judged to have repressive regimes in the 22 months since the Conservative party won the last election. ...
Fidget spinners and Fingerlings help toy firm buck downward market trend image
Source : Guardian [Read Article] Friday 8th of September 2017 05:16:14 PM
.... The retailer said it had sold 60,000 of the £15 toys since the fad began. At the start of 2017 a number of high-profile toy manufacturers, including Lego, hiked prices after last year’s Brexit-related devaluation of sterling pushed up the cost of imported goods. ...
US gun makers battle 'Trump slump' as sales fall compared to 2016 image
Source : Guardian [Read Article] Friday 8th of September 2017 02:22:00 PM
. For one of America’s largest gun manufacturers, the “Trump slump” in sales has meant a nearly $100m fall in firearms revenue compared with the same quarter last year. ...
Solar industry says EU tariffs on Chinese imports will raise panel prices image
Source : Guardian [Read Article] Friday 8th of September 2017 11:16:04 AM
....A renewable energy boom has helped China meet its solar power targets for 2020 three years early, and its solar industry to dominate the global market. The knock-on effect for European manufacturers has been devastating, according to the German firm SolarWorld AG, which first petitioned the EU to act. ...
UK exports outside EU fall despite weak pound image
Source : Guardian [Read Article] Friday 8th of September 2017 10:42:19 AM
.... The usual period of summer maintenance of North Sea oil platforms also failed to materialise for a second month running. Lee Hopley, the chief economist at EEF, the manufacturers’ trade body, said there was some good news from the export figures, which revealed “robust numbers on manufactured exports”. ...
Amazon seeks prime North American spot for second headquarters image
Source : Guardian [Read Article] Thursday 7th of September 2017 03:06:03 PM
....The practice of offering hefty financial incentives to woo big employers to a specific location is widespread, but has come under increasing criticism in recent years. In July, the state of Wisconsin offered a reported $3bn in state subsidies to Taiwanese manufacturer Foxconn to entice the firm to build an LCD manufacturing facility. ...
Jaguar Land Rover to make only electric or hybrid cars from 2020 image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:46:15 AM
....Jaguar Land Rover has become the latest large carmaker to say it will stop launching new models solely powered by internal combustion engines, two months after Volvo pledged to do so. The UK-based manufacturer promised that all new models from 2020 will be fully electric or hybrid, a year later than Volvo’s target, but a big step beyond its unveiling last November of a single electric concept car. ...
UK service sector growth slows as car sales fall dramatically image
Source : Guardian [Read Article] Tuesday 5th of September 2017 02:36:00 PM
....Howard Archer, chief economic advisor to the EY Item Club, said car industry sales were declining from all time highs, but nevertheless August’s figures represented the fifth month of falling sales and pointed to “a clear loss of momentum in the sector”. Last month Mike Hawes, chief executive of the SMMT, warned that motor manufacturers feared the industry’s revival over the past couple of decades could be put at risk by Britain’s departure from the EU. ...
Lego to axe 1,400 jobs image
Source : Guardian [Read Article] Tuesday 5th of September 2017 07:59:19 AM
.... “Parents are becoming much more conscious of value for money on toys,” she said. Frederique Tutt, a global toy industry analyst at the consumer research group NPD, said that despite the sales dip, Lego was the number one manufacturer in terms of toy sales in Europe and in the UK in 2017 so far. ...
Factory and retail sales climb despite fears of Brexit slump image
Source : Guardian [Read Article] Monday 4th of September 2017 11:01:25 PM
. British manufacturers and retailers are reporting an upswing in sales, despite fears Brexit could hamper future growth, as the weak pound bolsters exports abroad and consumer spending at home. ...
The rise of SnappCar, the business that lets you rent out your car image
Source : Guardian [Read Article] Monday 4th of September 2017 08:02:59 AM
....He is, he says, 10% of the way to his goal of 500,000 cars shared, with operations in the Netherlands, Denmark, Sweden and Germany, 400,000 renter members and 45,000 vehicles on offer – all insured through Allianz. Car manufacturers and rental firms are convinced such sharing could be one of the ways we drive in future: Europe’s largest car hire company Europcar took a 20% stake in Snappcar in June as part of a strategy to become a “global mobility solutions leader”. ...
We’re addicted to debt and headed for a crash. It could be worse than 2007 | Zoe Williams image
....The sources of all this debt are changing: about half the net increase was in personal contract purchase car loans. Four in five new cars are now bought by PCP – an inherently unstable system that leaves both consumers and car manufacturers exposed. ...
Britain's aerospace sector could be priced out after Brexit image
Source : Guardian [Read Article] Sunday 3rd of September 2017 02:33:15 PM
.... But there are concerns that the vote to leave the European Union has weakened Britain’s grip on this precious gem. High-tech manufacturers such as Dyson have dismissed concerns that extra tariffs and possible delays at borders after Brexit will hinder trade. ...
UK perfume shops hope new Chanel fragrance can mask foul sales image
Source : Guardian [Read Article] Friday 1st of September 2017 07:26:24 PM
....Perfume sales put £1. 5bn a year into the tills of UK retailers but in recent years growth has only been maintained by manufacturers hiking prices and well-heeled shoppers trading up to expensive products like Creed aftershave, which costs more than £100 for a 30ml bottle, and Gabrielle, which starts at £79 for 50ml. ...
Five more carmakers launch UK scrappage schemes as sales falter image
Source : Guardian [Read Article] Friday 1st of September 2017 05:16:48 PM
....Renault, Nissan, Toyota and Kia announced deals whereby owners of cars registered before 2010 could save up to £2,000 by trading in their vehicles for a new one. Volkswagen unveiled a new diesel scrappage scheme, the latest in a series of manufacturers to do so. ...
UK manufacturing beats forecasts with strong growth in August image
Source : Guardian [Read Article] Friday 1st of September 2017 10:00:34 AM
. Britain’s manufacturers increased production at the fastest pace in seven months in August, taking on more workers to keep up with strong domestic and international demand. ...
Apple joins consortium in revised £14bn bid for Toshiba's chip business image
Source : Guardian [Read Article] Thursday 31st of August 2017 12:02:06 PM
.... A deal may be crucial for Apple in keeping down prices of components for its iPhone, as well as reducing dependence on the market leader, Samsung. According to reports by Reuters, Apple has been brought in to help bolster the bid as Toshiba and the hard drive manufacturer Western Digital struggle to strike a deal, despite partnering on the joint venture chip business. ...
Asos poised to overtake M&S in 'seminal moment' for UK fashion image
Source : Guardian [Read Article] Wednesday 30th of August 2017 11:26:35 AM
....”. The shift in retail power was compared with the automotive industry, where the electric car maker Tesla sped ahead of the 114-year-old Ford Motor Company in April to become the US’s biggest car manufacturer. ...
Lack of skilled EU workers 'could choke UK growth post-Brexit' image
Source : Guardian [Read Article] Monday 28th of August 2017 11:01:46 PM
....Manufacturers are demanding that the government provide urgent clarity on the future of EU workers’ rights, warning they will face shortages of skilled staff if they cannot recruit from Europe after Brexit. EEF, the manufacturers’ organisation, said a quarter of the firms it represents had seen job applications from the EU fall and 16% had seen more European workers quit since the 2016 referendum. ...
Ethical investment funds: Five-minute guide to moral money management  image
Source : Daily Express [Read Article] Sunday 27th of August 2017 12:01:00 AM
.... . Ethical funds typically shun businesses that fall short of their moral criteria, such as environmentally damaging oil and mining firms, weapons manufacturers, tobacco companies and those involved in animal testing. ...
Japan to seek Brexit reassurances from Theresa May image
Source : Guardian [Read Article] Saturday 26th of August 2017 08:00:45 PM
....”. Despite Downing Street’s assurances that Britain will remain open for business after Brexit, Japanese manufacturers and financial institutions have voiced concern about their future investments if it leaves the single market. ...
Semi-automated truck convoys get green light for UK trials image
Source : Guardian [Read Article] Thursday 24th of August 2017 11:01:33 PM
....”. An earlier attempt to launch tests in the UK, heralded in 2016’s spring budget, stalled after a fruitless search for a HGV manufacturer to participate. ...
Samsung TV owners furious after software update leaves sets unusable image
Source : Guardian [Read Article] Thursday 24th of August 2017 11:45:30 AM
.... Last year Guardian Money reported that buyers had been left frustrated after their new TVs would not access the BBC iPlayer. The company, thought to be the world’s biggest TV manufacturer, had sold the TVs without having the correct licensing agreements in place. ...
Food and drink industry says EU staff exodus will damage economy image
Source : Guardian [Read Article] Wednesday 23rd of August 2017 11:01:03 PM
....About a fifth of the 2 million EU nationals working in the UK are involved in the food industry – either in farming, food processing, retailing or catering. Ian Wright, director general of the Food and Drink Federation, which represents more than 6,000 processors and manufacturers, said: “It is only a matter of time before the uncertainty reported by businesses results in an irreversible exit of EU workers from these shores. ...
Ford launches scrappage scheme offering at least £2,000 for any brand image
Source : Guardian [Read Article] Monday 21st of August 2017 11:01:05 PM
....Ford has announced a car and van scrappage scheme in a bid to get dirtier vehicles off the roads and boost its sales in the UK’s flagging car market. While other manufacturers, including Vauxhall and BMW, have launched scrappage schemes this year, Ford’s is unusual in allowing customers to trade in and scrap any brand of older vehicle for at least £2,000. ...
Robots will not lead to fewer jobs – but the hollowing out of the middle class | Larry Elliott image
....Dhaval Joshi, economist at BCA research, believes Moravec’s paradox will have a big impact on the labour market. He considers two scenarios for a stylised economy with three jobs: a high-income innovator, a middle-income manufacturer and a low-income animal tender. ...
UK retailers say government must be tougher on obesity image
Source : Guardian [Read Article] Friday 18th of August 2017 06:14:38 PM
....British retailers have called for the government to take tougher action on tackling obesity and consider mandatory measures to ensure more companies make their products healthier. Public health bosses have urged food manufacturers to make chips, pizzas, crisps and burgers healthier, and ministers are expected to issue “strong guidance” on how to reformulate products popular with children. ...
Leaving EU without deal would be no disaster, says thinktank image
Source : Guardian [Read Article] Thursday 17th of August 2017 11:01:07 PM
....The Institute for Government said leaving with no deal was a “recipe for maximum disruption” should the UK have to trade with the EU under WTO rules, because it would include higher tariffs and more document checks and inspections at borders. Leaving the EU would disrupt the flow of goods required by manufacturers in the UK, harming sectors such as car production, and create friction in trade across borders, its report, published on Thursday, concluded. ...
Nokia 8 hopes to beat Apple and Samsung with 'bothie', a new version of the selfie image
....The Nokia 3310 was launched in 2000, with the world’s bestselling phone of all time, the Nokia 1100, appearing in 2003. Nokia also launched the first camera phone in the US in 2003, partnering with the German optics manufacturer Carl Zeiss in 2005. ...
Angela Merkel rival takes aim at German car chiefs image
Source : Guardian [Read Article] Sunday 13th of August 2017 05:02:27 PM
....The crisis in the sector blew up when Volkswagen admitted to cheating USemissions tests almost two years ago. VW, along with German manufacturers BMW, Daimler, Audi and Porsche, are also being investigated by European regulators for alleged anti-competitive collusion. ...
Get the measure of a new appliance … in depth image
Source : Guardian [Read Article] Sunday 13th of August 2017 05:59:05 AM
.... It says that the majority of standard UK front-loading washing machines are roughly 850mm high and 595mm to 600mm wide. They are designed to fit into a standard kitchen width space of 600mm, with width (not depth) the one dimension that is strongly adhered to by most manufacturers. ...
David Davis linked to City trader fined for insider dealing image
Source : Guardian [Read Article] Saturday 12th of August 2017 07:45:41 PM
....When the authority first brought the case against Hannam, Davis had no financial relationship with his friend, who was considered one of the most powerful people in the Square Mile for his ability to make deals happen. But this was to change a year later when Davis was appointed to the supervisory board of a German company, Mansfelder Kupfer und Messing (MKM), which describes itself as the “leading European manufacturer of primary and semi-finished products made of copper and copper alloy”. ...
Noisy vacuum cleaners will bite the dust under new EU rules image
Source : Guardian [Read Article] Saturday 12th of August 2017 06:00:37 AM
....Performance is unlikely to be affected by the reduction in power – as motor size is rarely an indicator of effectiveness. Some manufacturers, including Dyson, have been producing motors smaller than 900 watts for many years. ...
Lego replaces British chief after just eight months at helm image
Source : Guardian [Read Article] Thursday 10th of August 2017 06:51:57 PM
.... The success story continued with the launch of The Lego Movie in 2014. But while Lego now vies with the Barbie doll maker Mattel to be the world’s largest toy manufacturer, revenue growth slowed from 25% in 2015 to just 6% last year – the lowest annual increase in nine years – with sales of 37. ...
Contaminated eggs scare grows as UK supermarkets pull products image
Source : Guardian [Read Article] Thursday 10th of August 2017 12:38:40 PM
....“This is just the latest of a number of food safety issues connected to eggs produced outside of the UK in recent years,” said Ian Jones, chairman of British Lion egg processors. “Consumers clearly want retailers and food manufacturers to use good quality British ingredients that are produced to high standards of food safety, but in some prepared foods this is not the case. ...
Mazda boosts petrol engine efficiency in fresh blow to diesel image
Source : Guardian [Read Article] Tuesday 8th of August 2017 06:06:32 PM
....One of the world’s largest automotive firms has hailed a technological breakthrough for the petrol engine, in an engineering twist for an industry racing to embrace the electric car. Japanese car manufacturer Mazda claims to have designed a vehicle that will largely eliminate the need for spark plugs in petrol engines, increasing fuel efficiency by as much as 30%. ...
Why 'economic anxiety' doesn't explain One Nation and the far-right's return | Greg Jericho image
....As the paper notes, these changes have geographic consequences. Its authors note that “the loss of agricultural and manufacturing jobs is felt most acutely in regional areas and on the city fringes” – think, for example, about the loss of car manufacturers in Geelong, Elizabeth and Altona. ...
Air passengers wary of pilotless planes – even if they lead to lower fares image
.... But operating a drone is a very different thing to putting passengers on board and getting them off safely,” he said. Drone technology has advanced rapidly in recent years, with all the major plane manufacturers testing fully-automated jetliners. ...
Crane spotters predict leaner times for UK builders image
Source : Guardian [Read Article] Sunday 6th of August 2017 11:01:05 PM
....”. The CPA, which represents manufacturers and distributors of construction materials, said the combination of a slowing economy, falling real wages and rising costs would hamper the industry’s prospects in 2018. ...
Henry vacuum is under warranty but the pipes are no longer covered image
Source : Guardian [Read Article] Sunday 6th of August 2017 06:01:33 AM
.... Under the Consumer Rights Act, all products must be of satisfactory quality, fit for purpose and as described. Too many retailers – big and small – try to push customers to the manufacturer even though they are liable under the act. ...
Related to :
Fitbit is giving me the runaround after their device burned my wrist image
Source : Guardian [Read Article] Saturday 5th of August 2017 06:00:04 AM
.... The Consumer Rights Act is clearly on your side – and it’s the retailer that you have the contract with. You have a 30-day no-quibble right to take products back if they are not fit for purpose and it’s up to the retailer to sort out problems with the manufacturer. ...
UK car industry facing an 'utterly demoralising' Brexit image
Source : Guardian [Read Article] Friday 4th of August 2017 04:01:06 PM
. As the latest car figures show that uncertainty over Brexit is helping to drag down sales, motor manufacturers fear the industry’s revival over the past couple of decades could be put at risk by Britain’s departure from the European Union. ...
US jobs report: Trump given good news as economy adds 209,000 jobs in July image
....Mark Zandi, chief economist of Moody’s Analytics, which helps compile the ADP report, said: “The American job machine continues to operate in high gear. “Job gains are broad-based across industries and company sizes, with only manufacturers reducing their payrolls. ...
Brexit uncertainty blamed as UK car sales fall for fourth month image
Source : Guardian [Read Article] Friday 4th of August 2017 10:06:43 AM
....Hawes said weaker demand for new cars should result in some cheap deals for consumers. “The lower demand in recent months will inevitably mean competition from manufacturers will intensify and it will be a good opportunity for consumers to get a great deal on their next car. ...
RBS plans move to Amsterdam for post-Brexit EU hub image
Source : Guardian [Read Article] Friday 4th of August 2017 06:44:41 AM
.... Davies said there was now a recognition of the potential for “some quite serious consequences for London which could happen in a very rapid and unplanned way if we don’t get some transition agreements”. He said the bank had just started to detect “signs of hesitancy” among corporate customers, especially manufacturers. ...
Carmakers accused of 'clutching at straws' over retrofitting polluting diesels image
....VW, Daimler, BMW and Opel made the decision at a summit with leading politicians in Berlin. They have been under pressure since the diesel emissions scandal two years ago exposed how VW and – it is suspected – other manufacturers have been cheating the testing regime. ...
Eurozone economy grows twice as fast as UK's, figures show image
Source : Guardian [Read Article] Tuesday 1st of August 2017 12:07:04 PM
....He highlighted particularly solid growth in UK exports, which have been made more competitive by the pound’s sharp drop after the Brexit vote and have benefitted from a strengthening global economy. “Although the exchange rate remains a key driver of export growth, manufacturers also benefitted from stronger economic growth in key markets in the euro area, North America and Asia-Pacific regions,” Dobson said. ...
Nissan attacked for one of 'nastiest anti-union campaigns' in modern US history image
....The vote, a fiercely contested effort by the United Auto Workers (UAW) union to represent a foreign automaker’s US plant, is planned for Thursday and Friday this week. It comes as US unions are hopeful they can overturn a series of defeats as they seek to build membership in southern states, where manufacturers have moved to take advantage of lower wages and non-union workforces. ...
Carmakers’ electric dreams depend on supplies of rare minerals image
Source : Guardian [Read Article] Saturday 29th of July 2017 03:00:00 PM
.... Battery makers are struggling to secure supplies of key ingredients in these large power packs – mainly cobalt and lithium. The hopes of both battery and vehicle manufacturers hang on the mining sector finding more deposits of these precious minerals. ...
Walkie Talkie tower: stark reminder of forces that rule the City image
Source : Guardian [Read Article] Thursday 27th of July 2017 04:56:30 PM
....The controversial Walkie Talkie tower in the City of London has commanded a record-breaking price for a single building in the UK – £1. 3bn in a sale to a Hong Kong manufacturer of oyster sauce. ...
Boots ends 130 years of manufacturing as it sells off factories image
Source : Guardian [Read Article] Wednesday 26th of July 2017 12:24:08 PM
.... Nestlé also moved production of confectionary products Smarties and Blue Riband abroad after buying Rowntree in 1988. Fareva is the largest contract manufacturer in Europe and one of the largest in the world, employing nearly 10,000 people across 11 countries, including the US, France and Poland. ...
Britain to ban sale of all diesel and petrol cars and vans from 2040 image
Source : Guardian [Read Article] Tuesday 25th of July 2017 09:38:22 PM
....Prof David Bailey, an automotive industry expert at Aston University, said: “The timescale involved here is sufficiently long-term to be taken seriously. If enacted it would send a very clear signal to manufacturers and consumers of the direction of travel and may accelerate a transition to electric cars. ...
UK factory output grows at fastest rate since mid-1990s image
Source : Guardian [Read Article] Tuesday 25th of July 2017 03:24:14 PM
. Britain’s manufacturers increased production last month at the fastest rate since the mid-1990s, according to the latest CBI industrial trends survey. ...
BMW pledges to build new e-Mini at UK car plant image
Source : Guardian [Read Article] Tuesday 25th of July 2017 01:14:23 PM
....Frank Bachmann, managing director at Cowley, told the Oxford Mail: “This is good news for everybody on the team at Plant Oxford and this addition to the model line-up marks an important next step in the evolution of Mini. “As the main manufacturer of the Mini three-door, with production expertise built up over many years, it makes sense for us to build this all-electric model. ...
How a father's tragedy moved the Teamsters to fight an opioid distributor image
....McKesson has consistently denied any wrongdoing but in May it agreed to a Teamster demand to set up an independent committee to review the company’s actions in the $9bn a year prescription opioid business. The Teamsters’ move throws a spotlight on the distributors whose role in the epidemic has been less widely known than that of drug manufacturers, prescribing doctors and pharmacists. ...
VW calls crisis meeting to discuss EU cartel inquiry, source says image
Source : Guardian [Read Article] Monday 24th of July 2017 01:46:00 PM
....Exane BNP Paribas automotive analyst Stuart Pearson said little was known about the allegations, but no signs had emerged about fixing prices charged to consumers. “More ugly details could yet emerge, leaving German manufacturers – and the EU auto sector – still firmly in the sin bin for now,” he added. ...
Shrinking sweets? 'You're not imagining it,' ONS tells shoppers image
Source : Guardian [Read Article] Monday 24th of July 2017 11:30:41 AM
....The issue has regularly made headlines over the last year following the decline in the value of the pound after the Brexit vote. Food manufacturers have blamed the slump in sterling for increasing the price of imported ingredients and looked for ways to recover their extra costs. ...

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