• Longbow secures £3m backing for Midlands electric car production

    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 £1bn to regional innovation clusters

    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.


  • UKAEA supports General Fusion plasma heating milestone

    UKAEA and General Fusion report a significant plasma heating milestone. Electron temperatures exceeded 12 million°C in the LM26 experiment, although commercial electricity generation remains a separate and substantially harder objective.


  • UK opens Kyiv business centre for industrial partnerships

    Britain has opened a permanent business centre in Kyiv today. The facility supports industrial partnerships and potential co-production between UK companies and Ukrainian organisations, especially SMEs.


  • ASOS confirms customer data exposure after cyber incident

    ASOS confirms customer information was accessed through third-party communication platforms. Its latest disclosure follows the earlier unauthorised app notification and identifies an employee credential compromise, while excluding payment cards and passwords.


  • Government awards £33.2m to eight vaccine research projects

    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 of England policymaker flags persistent UK wage pressure

    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 Solar Farm secures consent for 500MW scheme

    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.


  • Volution revenue rises 15.7% as acquisitions drive growth

    Volution reports revenue growth driven largely by recent acquisitions worldwide. Annual sales reached £484.8m, while adjusted operating profit and statutory operating profit both increased amid mixed regional trading conditions.


  • UK adds Russia sanctions targeting oil and financial networks

    Britain has expanded Russia sanctions covering oil and financial networks. Official notices list 26 designations and 12 ship specifications, alongside separate administrative changes and compliance requirements.