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Sheffield manufacturer Cobra Sports on the move to new base in £1m expansion
Sheffield manufacturer Cobra Sport is moving into a new city base as part of ambitious £1m growth plans. The sports and performance exhausts firm, which makes and supplies stainless steel exhausts for high-end motor sports, is based near Meadowhall and has bought a new 6,000 sq ft unit on the Turner Business Park. Cobra is …
Business
Evening Standard
New car market records third successive month of growth
The UK’s new car market has recorded a third successive month of growth.Some 134,344 new cars were registered in October, up 26.4% compared with the same month last year, according to the Society of Motor Manufacturers and Traders (SMMT).The SMMT attributed the increase to “strong order books” being partly fulfilled.But it noted that October 2021 …
Press Release
Pressat
Veritek identifies three areas medical OEMs can drive customer satisfaction in after-sales support
Veritek Global, a pan-European after-sales and field engineering service specialist, today announced the availability of a free datasheet titled ‘After-sales services for medical equipment OEMs‘. The datasheet identifies three areas medical OEMs can scale after-sales service capacity to drive customer satisfaction. Medical OEMs that want to develop and grow a robust after-sales support strategy can …
Business
Evening Standard
How is each train operator affected by the latest rail strikes?
Britain’s train operators have released plans for how their services will be altered during the rail strikes.On Saturday November 5, Monday November 7 and Wednesday November 9 services will be decimated with half of all lines closed.Trains will only operate between 7.30am and 6.30pm on strike days, and will start later than normal on the …
Business
Sky News
Hundreds of workers to strike at Heathrow in run-up to World Cup
Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay.Unite said 700 staff, who are involved in ground-handling, airside transport and cargo and are employed by dnata and Menzies at Heathrow, will strike for three days starting from 18 November. The World …
Business
Evening Standard
Twitter to make staff cuts after Elon Musk takeover
Twitter has begun cutting jobs around the world in the wake of Elon Musk’s takeover and his major shake-up of the platform.There have been suggestions that as many as half of the social media giant’s global workforce could be cut as part of cost-saving measures.Twitter employs more than 7,500 people around the world and many …
Business
Business Live
Bristol plant and machinery firm extends US growth with new deal
One of the UK’s biggest independent plant and machinery suppliers has continued its growth in the US with its second international acquisition in six months. Bristol-based Molson Group has bought quarrying, mining and waste management equipment dealers Powerscreen of Washington for an undisclosed sum. The deal comes after Molson snapped up the business that operates …
Business
Evening Standard
Rishi Sunak reviewing Northern Powerhouse Rail and other infrastructure projects
Major infrastructure projects including a major high-speed rail line in northern England are being reviewed as Rishi Sunak tries to find £50 billion in savings and tax hikes.Business Secretary Grant Shapps hinted Northern Powerhouse Rail would be scaled back amid confusion over the commitment to a new nuclear plant in Suffolk.A senior Treasury source stressed …
Business
Business Live
South West companies forced to restructure to cope with mounting costs
More than a third of business in the West of England are being forced to restructure operations in a bid cope with mounting cost pressures, new research has revealed. A combination of rising inflation, increased interest rates, high energy costs and ongoing supply chain issues are significantly impacting the financial viability of many firms in …
Press Release
Pressat
Satellites protect wreck sites from looting
Press release: Embargoed to 4 November 2022 0900 hours Dutch Inspectorate and Cultural Heritage Agency award contract to the Maritime Observatory to continue monitoring important underwater heritage sites The Information and Heritage Inspectorate and Cultural Heritage Agency of the Netherlands (RCE), both part of the Ministry of Education, Culture and Science, have contracted the Maritime …
Business
Business Live
Belfast-based US drug company invests £8M in cancer drug development
A US drug development company based at Queen’s University Belfast is investing £8 million to test it cancer treatment in human trials. CV6 Therapeutics will put its first oncology drug, which works alongside standard cancer therapies to induce cancer cell DNA damage and cell death, through phase 1a clinical trials and will also perform further …
Business
Evening Standard
DFS demand bounces back after cost-of-living caution hit summer trade
Furniture retailer DFS has revealed its orders have bounced back since September after the company saw customers being cautious about spending over the summer.The firm told shareholders that order volumes have grown year-on-year since early September, following “significant decline” over the previous two months.DFS said it is therefore on track to deliver pre-tax profits of …

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