Manchester Hosiery saved from liquidation

Palm Cotton, clothing
Posted on 5 Jan 2012 by

Thirty jobs have been saved at the clothing manufacturer after Dains LLP, administrators of the firm since April, announced the sale of the company to Hong Kong-based Aikon International.

The deal has been completed for an undisclosed sum and sees Aikon International, a supplier of thermal and ho…

Jump the dump

Posted on 4 Jan 2012 by

In November 2011 Crown Paints announced that its two UK manufacturing facilities had achieved targets to become zero waste to landfill. By the time this article is published, its 130 shops and decorating centres will also have attained this status. Jane Gray talks to Mark Lloyd, sustainability ma

Textile manufacturer drives expansion plans forward

(l-r) Ashley Wild, Joanne Williamson, Stewart McGuffie (Allied Textiles' chief executive) and Steven McGawn.
Posted on 1 Dec 2011 by

Allied Textiles has embarked upon a major investment programme to upgrade its technical capability in the manufacture of technical textiles.

The company has received a loan from Lloyds Bank Corporate Markets in order to fund the new investment, although the figure is undisclosed.

Allied Textil…

Who’s heading where in manufacturing?

Posted on 23 Nov 2011 by


The Board of Directors of Tata Sons unanimously recommended Mr. Cyrus P. Mistry as deputy chairman. He will work with Mr. Ratan N. Tata over the next year and take over from him when Mr. Tata retires in December 2012. This is as per the unanimous recommendation of the Selection Committ…

Export strategy: Details of the CBI’s plans to boost exports

Posted on 21 Nov 2011 by

A new report by the CBI and Ernst & Young asks the Government to reform its exports strategy so that companies, especially SMEs, can capitalise on new export markets more effectively than they are currently doing.

‘Winning overseas: boosting business export performance’ urges the Gover…

New £1m engineering prize revealed

Posted on 17 Nov 2011 by

The Queen Elizabeth Prize for Engineering was launched today, with leaders from all the main political parties in attendance to praise the new award.

The £1 million prize will be awarded every two years in the name of Her Majesty the Queen. It will go to an individual or team of up to three people, of an…

Cable pledges to slash red tape for apprenticeships

Posted on 16 Nov 2011 by

The Government has announced new measures to increase the uptake and effectiveness of apprenticeships, which includes cutting red tape to help companies acquire apprentices more quickly.


Business Secretary Vince Cable introduced the measures as figures released today show youth unem…

Youth unemployment hits one million

Posted on 16 Nov 2011 by

Government, business organisations and trade unions reacted with shock at the latest figures published by the Office for National Statistics, which saw figures for youth unemployment rise to 21.9%.

The data dampened moods after earlier today Business Secretary Vince Cable announced new measu…