UK Business News

The Chartered Institute of Purchasing & Supply have released figures suggesting that factory output in the UK during January 2011 was at its highest since records began in 1992.
According to the report the institutes manufacturing index rose from 58.7 in December 2010 to 62 in January, the twentieth month of expansion in the sector.
Strong demand [...]

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The UK trade union for manufacturing workers, Community has warned that Europe’s second biggest steel producer Corus is planning to cut 2,000 more jobs in the UK. The news comes only months after Corus laid off 2,500 workers at the start of the year.
The job losses are expected to include 500 in Scunthorpe and 800 [...]

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The cash incentives offered by various governments across Europe to new car buyers has been a resounding success for the motor industry and the knock on effect is that Nissan in the UK is increasing production.
Nissan laid off 1,200 workers at it’s Sunderland plant in January, but since the scrappage schemes have been announced they [...]

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Japanese car giant Toyota has announced plans to reduce  staff pay and working hours in their UK factories by 10% from the 1st April an agreement that will run for twelve months.
Toyota UK and trade unions have agreed the unique deal which has been brought about by the sharp downturn in global demand. The arrangement [...]

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Jaguar Land Rover are creating six hundred jobs at its plant in Gayden, Warwickshire, as part of a £700million project to develop less thirsty, less polluting cars.
The EU directive that average emission for all new cars will be reduced to 120 grams per kilometre by 2012 or face a per gram penalty, has sent the [...]

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