
Longbow secures regional backing for planned electric sports car manufacturing. The West Midlands authority has committed £3m, matched by the company, towards production at MIRA Tech Park, with more than 200 skilled jobs anticipated rather than already created.

Government commits major funding to support regional industrial innovation clusters. The four-year UKRI commitment accompanies plans to give established English mayors control of an existing innovation fund from 2028, as ministers seek to turn more British research into commercial activity.

Britain has awarded £33.2m to eight new vaccine research projects. The investment targets infectious disease threats and supports development, clinical work and manufacturing readiness rather than approved vaccines.

Bank policymaker Megan Greene warns about persistent UK wage pressure. Her comments highlight the tension between pay expectations, inflation risks and borrowing costs, without establishing the next interest-rate decision.

Green Hill has secured development consent for Northamptonshire solar generation. The planned 500MW project includes storage and grid infrastructure, with construction and commercial operation still to follow.

Tioxide says its Greatham plant can now produce all grades. The manufacturer is recruiting employees and preparing a second line, with full designed capacity dependent on further commissioning.

Everything Managed Group reports revenue has now reached £60m annually. The Newcastle business plans more recruitment and technology investment after growing its customer base to over 40,000.

Homes England has selected Digbeth Loc Studios for Birmingham regeneration. The preferred-partner appointment advances plans for a mixed-use creative neighbourhood, subject to contract and a standstill period.

E.ON has completed its acquisition of UK supplier OVO Energy. The enlarged retail operation combines substantial customer bases, while existing tariffs and customer service arrangements remain unchanged immediately following completion.